Abu Dhabi issued over 24,000 new economic licences last year
Abu Dhabi Department of Economic Development has reported solid annual growth of major indicators, emphasising the business ecosystem’s attractiveness and its ability to attract quality investments, supported by the emirate’s strong economic growth, especially within non-oil sectors which contribute 52.8% of Abu Dhabi’s GDP. A total of 24,143 commercial sector licences were issued in 2023, […]
Dubai approves integrated economic zones strategy for 2024-26
Dubai Integrated Economic Zones Authority (DIEZ) has approved its new strategy for 2024-2026 that is aimed at enhancing the emirate’s economic performance and sustainable growth, driven by knowledge and innovation and contributing to the realisation of its strategic priorities, reported Wam. Established in 2021, DIEZ aims to play a vital role in promoting economic growth in […]
Dubai Chamber signs partnership with Enterprise Ireland
Dubai Chamber of Digital Economy has signed a memorandum of understanding (MoU) to establish a strategic partnership with Enterprise Ireland, the Irish government’s trade and innovation agency. The new agreement will create a digital bridge between the two countries and ease the processes of attraction and expansion for Irish and Dubai companies. The MoU was […]
Saif Zone to take part in Watch & Jewellery Middle East Show
The Sharjah Airport International Free Zone (Saif Zone) Authority will present at the 53rd Watch & Jewellery Middle East Show investment prospects in gold and jewellery making in Sharjah. It will also detail the concessions available at its Gold, Diamond, and Commodities Park at the show held under the patronage of His Highness Sheikh Dr […]
Dubai Chamber survey identifies key ESG drivers for business
Dubai Chamber of Commerce has successfully conducted a survey to determine the level of adoption of Environmental, Social, and Governance (ESG) practices among the emirate’s business community. The study sought to analyse the motivations of companies, assess potential obstacles to ESG implementation, and highlight the positive impact of responsible business practices. The survey indicated that […]
Du & Oracle to launch hyperscale cloud services for UAE’s public sector
Oracle and du (Emirates Integrated Telecommunications Company), one of the largest telecom operators in the Middle East, have collaborated to deploy Oracle Alloy to help launch hyperscale cloud services for public sector customers in Dubai and Northern Emirates. Oracle Alloy is a complete cloud infrastructure platform that enables Oracle partners to become cloud providers. A […]
Tawazun Council seals 5 deals on 1st day of UMEX & SimTEX 2024
Tawazun Council, the UAE defense and security acquisitions authority for the Ministry of Defense, has sealed 5 deals with local and international companies with a total value of $264 million. The announcement was made during a press conference held at the end of the first day of the sixth edition of the Unmanned Systems Exhibition […]
DEWA to be Silver Sponsor of Gov Games 2024
The Gov Games’ organizing committee has signed a partnership agreement with Dubai Electricity and Water Authority (DEWA) to be a Silver Sponsor of the event for the fifth year in a row. The Gov Games, which is held under the directives of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai […]
EDGE announces addition of IGG to its portfolio of companies
EDGE Group (EDGE) has announced the addition of International Golden Group (IGG) to the EDGE portfolio of companies. Abu Dhabi-based IGG is the UAE’s leading agent for high-end defense supplies and security solutions. The move will allow EDGE to expand its business and provide a more complete end-to-end offering to its end-users. According to the […]
Private jet traffic soars at Mohammed bin Rashid Aerospace Hub
The Mohammed bin Rashid Aerospace Hub (MBRAH), a free-zone destination for airlines, private jet companies, and associated industries, at Dubai South registered 16,657 private aviation movements, the highest seen so far. Last year’s movements reflect a growth of 8 per cent over 2022. The growth is credited to several factors, including the Dubai Airshow, COP28 and […]