EDB reiterates commitment to UAE food security, self-reliance at Future Food Forum 2022

DUBAI, Emirates Development Bank (EDB), a key financial engine for economic development and industrial advancement of the UAE, reiterated its commitment to UAE food security and self-reliance as a platinum… Read more

Dubai records over AED1.98 bn in realty transactions Thursday

DUBAI, Dubai real estate market recorded 418 sales transactions worth AED 1.29 billion, in addition to 92 mortgage deals of AED659.9million, and 13 gift deals amounting to AED34.74 million on… Read more

Investopia partners discuss investment opportunities in ME Region

ABU DHABI, The partners of the global investment platform "Investopia" discussed investment opportunities and challenges in the Middle East region, and the role of Investopia to support investments in the… Read more

Dubai Industrial City announces opening of Al Damani Electric Vehicle Manufacturing Factory

DUBAI, Dubai Industrial City, a member of TECOM Group PJSC, and M Glory Holding Group announced the opening of Al Damani’s new 45,000-sqft factory, which represents a major milestone in… Read more

Dubai records over AED1.6 billion in realty transactions Wedensday

DUBAI, Dubai real estate market recorded 401 sales transactions worth AED 1.4 billion, in addition to 91 mortgage deals of AED 156.13 million, and 19 gift deals amounting to AED49.85… Read more

Dubai Customs briefs RAK Customs Department on warehouse system

Dubai Customs received a delegation from RAK Customs Department and briefed them on the customs warehouse system, its working mechanisms and the steps taken to obtain a customs warehouse license.In… Read more

UAE Government promotes collaboration with global companies to drive digital transformation, development

DUBAI, The office of the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications signed with Cisco, global networking, collaboration and cybersecurity leader, a collaboration framework expanding… Read more

New training academy immerses digital startups in the metaverse

Dubai, UAE: Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, in collaboration with the SEE Institute, has launched the Future of the Digital Economy: Business… Read more

UAE e-commerce market forecast to reach $9.2 billion by 2026: Dubai Chamber of Commerce

DUBAI, The value of the UAE e-commerce market is expected to reach US$9.2 billion in 2026, while the sector’s share of total retail sales in the UAE is projected to… Read more

Up to $85 billion needed in investments to achieve sustainable waste management in GCC

DUBAI, With the expansion of GCC urban areas, municipalities in the GCC are challenged to handle the ever-increasing waste generation through the existing landfill strategies. However, many GCC countries are… Read more

Multiply Group acquires 80% of International Energy Holding to grow its utilities portfolio

ABU DHABI, Multiply Group, an Abu Dhabi-based holding company, has acquired 80% of International Energy Holding LLC (IEH).International Energy Holding recently acquired a 50% stake in Kalyon Enerji Yatrimlari A.S.,… Read more