The UAE known for adapting path breaking innovations has seen rapid growth in cryptocurrency activities in last couple of years. It has attracted global players to set up their operations with its investor friendly policies. As per the latest figures available the Digital Economy Strategy aims to double the contribution of the digital economy to […]Read More
Under the patronage of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah, and presence of Abdulla Bin Touq Al Marri, Minister of Economy, the Sharjah Ramadan Majlis 2024 brought together business leaders, senior government officials, entrepreneurs, and change-makers, to the Sharjah Research Technology and Innovation Park (SRTIP) to collaboratively address how […]Read More
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the ministry is currently working on upgrading the UAE’s electric vehicle (EV) system adding new stations and entering into more partnerships with major global companies to boost the growth of the sector. “This will increase the number of electric vehicles used in the […]Read More
Abdulla bin Touq Al Marri, Minister of Economy, and Martin Kocher, Austrian Minister of Economy and Labour, chaired the UAE-Austria Joint Economic Committee, which was attended by several representatives from both countries’ government and private sectors. Abdullah Al Saleh, Undersecretary of the Ministry of Economy, and Florian Frauscher, Director General of Economic Affairs, Innovation, and […]Read More
The renowned French lawyer and strategist received this prestigious award in Dubai last night. It recognizes the local community and expatriates who have particularly distinguished themselves in the United Arab Emirates over the past year. The committee, which presented him with the “Outstanding European CEO Achiever of the Year” award, was keen to point out […]Read More
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today confirmed that unprecedented numbers of hedge funds continue to set up in the Centre, boosting Dubai’s reputation as the region’s top location for the industry. Just in the last three months alone, many additional […]Read More
ADMO, the joint venture between Alpha Dhabi Holding and Monterock International Limited, today announced that it has signed a definitive agreement to acquire rapidly growing luxury lifestyle group, CE LA VI. This strategic move signifies ADMO’s accelerated efforts in building a diverse portfolio of luxury, lifestyle, F&B, and entertainment brands, significantly expanding its global lifestyle […]Read More
First Abu Dhabi Bank (FAB) announced its participation as a strategic pathway partner of the 28th UN Climate Change Conference of Parties (COP28), which is being held in the UAE from 30th November to 12th December 2023. FAB’s COP28 partnership is an integral part of the UAE’s vision to support a sustainable future, the bank’s […]Read More
ADNOC Gas today announced its financial results for the three months and six months ended 30th June, 2023 (Q2 2023) and (H1 2023). The Company’s H1 2023 revenue stood at a AED 38.9 billion (US$10.6 billion) compared to Pro Forma Adjusted Revenue of AED 48.8 billion (US$13.3 billion) in H1 2022, impacted by the pricing […]Read More
Dubai’s stature as a global meetings incentives, conferences, and exhibitions (MICE) destination continues to soar with the city registering a strong year-on-year growth of 44 percent in business event bid wins in the first half of 2023. The outstanding growth in the number of global events being hosted by the city contributes further to its […]Read More
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