Emirates Skywards signs exclusive multi-year partnership with Visa
Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, has entered into an exclusive, multi-year strategic partnership with Visa, a world leader in digital payments. The new partnership with Visa will strengthen collaboration between Emirates Skywards and co-brand issuer partners across the GCC, enable the loyalty program to work more closely with its partners […]
DP World, Masdar partner to use renewable power in ports
DP World has signed a partnership with Abu Dhabi Future Energy Company (Masdar) to explore and implement renewable energy systems across DP World’s global port operations in the Middle East and Africa. The agreement aims to facilitate the widespread adoption of renewable energy and battery energy storage systems (BESS) within DP World’s global supply chain. […]
EDB’s 2023 input to UAE’s industrial GDP soars 80pc to $1.17bn
Emirates Development Bank (EDB), the key financial engine of the UAE, has made a robust 80% surge in its contribution to the UAE’s industrial GDP, which has grown from AED2.4 billion in 2022 to AED4.3 billion ($1.17 billion) in 2023. The banks has also aided in the creation of 17,219 jobs, illustrating its commitment to fostering […]
Mubadala inks $1bn private credit deal with Goldman Sachs
Mubadala Investment Company and Goldman Sachs have signed a $1 billion deal to invest in private credit deals in the Asia Pacific region. According to the statement, “They signed a $1 billion separately managed account (Partnership) in which Mubadala and Goldman Sachs Alternatives will co-invest in private credit opportunities throughout the Asia Pacific region.” The […]
Top Abu Dhabi investor inks $35bn Egypt FDI deal
Abu Dhabi-based sovereign investor ADQ has announced the signing of its largest-ever foreign direct investment (FDI) agreement with Egypt which will see the company set aside $35 billion to develop Ras El Hekma region and other prime projects in the Arab nation. The landmark agreement between Egypt and the UAE government, represented by a private […]
Bahrain pavilion turns star attraction at Gulfood 2024
The Bahrain pavilion at the ongoing Gulfood 2024 expo has turned into a start attraction with over 15,000 visitors landing at its stand to explore the diverse array of products being presented by leading Bahraini food companies. The Gulfood 2024 is being held at the Dubai World Trade Centre under the theme ‘Real Food Led […]
UAE to welcome 175 Ministers and senior officials to MC13
The UAE is gearing up to host the 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) in Abu Dhabi between February 26 and 29. It will be a pivotal event that brings together ministers and senior officials from around the world for discussions on the rules and regulations governing international trade. The gathering […]
UAE to host ‘FIATA-RAME Field Meeting & Conference’ in March
The UAE National Association of Freight and Logistics (NAFL) has announced that the 2024 FIATA RAME (Region Africa and Middle East) Field Meeting and conference will take place from March 5th to 6th 2024, in Dubai. The two-day event will bring together leading industry experts, policymakers, and stakeholders to discuss critical trends and strategies shaping […]
Seaside Startup Summit UAE 2024 begins in Ras Al Khaimah
His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has opened the “Seaside Startup Summit UAE 2024” at the Longbeach Campground Hotel in Ras Al Khaimah, which will continue until 28th February. The Seaside Startup Summit UAE 2024 will see more than 120 startups, over 20 international […]
DKK Partners secures Initial Approval from Dubai VARA
DKK Partners FZE, a subsidiary of DKK Partners, a leading FinTech company specializing in Emerging Markets (EM) and Foreign Exchange (FX) liquidity, has been granted Initial Approval by the Dubai Virtual Assets Regulatory Authority (VARA). The Initial Approval will allow DKK to offer Virtual Asset Broker Dealer Services in Dubai. DKK Partners FZE will continue […]