Mubadala Investment Company today announced that it has invested GBP ₤350m in IVC Evidensia, Europe’s largest veterinary care provider. Headquartered in Bristol, UK, IVC Evidensia operates a network of more than 1,500 veterinary clinics and hospitals in 12 countries across Europe caring for over four million pets. Founded in 2011, the company operates a decentralised […]Read More
The sixth edition of the Global Business Forum (GBF) Africa is set to take place on October 13-14, 2021 under the theme Transformation Through Trade, Dubai Chamber of Commerce and Industry has announced. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, this […]Read More
The Abu Dhabi Department of Economic Development (ADDED) has announced a list of 1,105 registered commercial and industrial activities that are open for ownership by natural and legal non-citizens, enabling them to fully or partially own commercial companies to practise these activities in Abu Dhabi. The Department’s decision on foreign ownership of commercial activities is […]Read More
Dubai based Interior design firm La Belle Maison has recently completed a flagship retail store named ‘Poco Optics’ in Mirdif City Center which caters to the needs of the of children optical. The main vision of Poco Optics is to provide children with better vision. Spread across 100 Sq. meter of area the showroom […]Read More
The price of OPEC basket of thirteen crudes stood at US$65.29 a barrel on Thursday, 20th May, compared with US$65.95 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy […]Read More
The Dubai International Financial Centre (DIFC) Courts has acquired the qualified electronic seal solution Ethaq, a paperless initiative that enables digital authenticity of documents with the support of UAE PASS, the secure national digital identity platform for the UAE. Ethaq is powered by Dubai Electronic Security Centre (DESC) and its Root Certificate Authority. It recognises […]Read More
Five major global organisations specialising in assessing competitiveness have ranked the UAE among the top ten countries in the world in 28 competitiveness indexes related to finance and taxes. This was highlighted by a report by the Federal Competitiveness and Statistics Centre (FCSC), which documented the rankings of the IMD World Competitiveness Yearbook, the Legatum […]Read More
Commercial Bank of Dubai, one of the leading banks in the UAE, announced the launch of “CBD Investr app”, becoming the first bank in the region to offer a robo-advisory investment solution. Developed in partnership with InvestSuite, a leading wealthtech company based in Belgium, this innovative investment app is powered by smart algorithms that actively […]Read More
Following receiving the necessary regulatory approvals, First Abu Dhabi Bank (FAB) has announced that it has initiated the process of share transfer for 100% of the share capital of Bank Audi sae (Egypt), Lebanon-based Bank Audi’s subsidiary in Egypt. Once the share transfer is complete, FAB will begin integrating the assets and operations of Bank […]Read More
Fujairah Terminals, a subsidiary of Abu Dhabi Ports, and Al Mayya Group, have today announced the signing of an agreement to handle the livestock logistics for the annual import of more than a million sheep, goat and cattle into the UAE. In one of the largest contracts of its kind in the UAE, Fujairah Terminals […]Read More
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