The CSR UAE Fund’s strategy for the next five years include 50 programmes and initiatives designed in partnership with the private sector that will assess levels of progress achieves in regard to the …
3 promising FinTech start-ups in the UAE to keep an eye on
The UAE is the largest FinTech hub for start-ups across the Middle East region, housing almost 50% of the region’s FinTech companies.
UAE agtech Right Farm raises $2.8 million from investors
Right Farm, a United Arab Emirates agriculture technology firm, said on Monday it raised $2.8 million from investors including Abu Dhabi state holding company ADQ’s venture platform.
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Dr Sultan Al Jaber: UAE aims to grow its industrial sector
According to Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, the UAE is dedicated to employing its policy of helping important indu …
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Adani Green Energy, Adani Transmission and Adani Enterprises to get $2 billion investment from Abu Dhabi’s IHC
NEW DELHI: Abu Dhabi-based conglomerate International Holding Company PJSC (IHC) will invest $2 billion as primary capital in three Adani portfolio companies – Adani Green Energy Ltd (AGEL), Adani …
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Dubai issues 24,600 business licenses in Q1 2022 as investor confidence in the economy strengthens
The 58 percent rise in the number of business licenses issued, compared to 2021, underlines Dubai’s robust fundamentals, resilience, and sustainability of the economy Dubai issues 24,600 business …
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After mega-IPO, DEWA is all set for DFM listing – how high will stock go on opening day?
DEWA had earnings of Dh6.6 billion in 2021 – with an annual dividend payout of a minimum Dh6.2 billion, that would then represent a 90 per cent plus payout,” said Sameer Lakh …
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UAE weather: Temperature to drop in parts of the country today
The weather in UAE will be partly cloudy with a slight drop in temperatures, according to the national Met department (NCM). The weather forecast for today is fair to partly cloudy during daytime, …
“Put In Cold Storage” Two Diplomats Sent Packing After No UAE Officials Came To Greet PM Upon Arrival In Dubai
The two senior diplomats were both re-assigned to a pool of civil servants in the public service department in Putrajaya.
Adani Group stocks extend rally on $2 billion investment by UAE’s IHC
International Holding Company (IHC) has agreed to invest $2 billion in Adani Enterprises, Adani Transmission, and Adani Green Energy through preferential issue …
Crypto News Recap: UAE, KSA CBDC Progress Ranks Among Top 10 Globally
As CBDCs and stablecoins have proven mettle in the times of crisis, PwC’s report came to confirm that. Overall, it’s safe to say that crypto is better t …
UAE: 6,636 vaccine doses administered in 24 hours
The UAE has administered 6,636 doses of the Covid-19 vaccine in the past 24 hours.The country’s Ministry of Health and Prevention (MoHAP) said the total doses administered now stand at 24,602,281.This …
UAE’s GDP grows at 3.8% for 2021, highest in the region: Sheikh Mohammed
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said the UAE has not stopped moving forward, and the economy is on the rise. Taking to …
Dubai: Non-oil sector posts sharp surge in new orders with March PMI hitting 33-month high
Non-oil sector in Dubai indicated a further surge in growth in March as output picked up at a marked rate in response to stronger new business intakes. A boost in supplier performance meanwhile …
Revenge tourism: Expat couple back in Dubai with valuable lessons from month-long road trip to 13 countries
Duo covered 8,800km in their Dubai-registered 4WD Land Cruiser Dubai: In a case of ‘revenge tourism’ after the COVID-19 pandemic, an expat couple in the UAE is back with valuable lessons after a month …
Dubai’s private sector businesses see strong improvement despite inflation
The lifting of COVID-19 restrictions has created more economic activity in the market as well as tourism demand, S&P Global said in its PMI report …
Dubai, Abu Dhabi markets gain $5.9 billion in first week of Ramadan amid positive economic outlook
The Abu Dhabi Securities Exchange broke the 10,000 points barrier for the first time amidst increased demand for IHC’s Apex National Investment, which drew $2.74 billion in transactions Dubai, Abu …