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Month: December 2022

Posted on 13/12/2022

BDA Advises Bespin Global on Capital Raise from e& enterprise

BDA Partners is pleased to announce that its client, Bespin Global, has raised US$60m in Series D funding from e& enterprise. e& enterprise was formerly known as Etisalat, and is part of Emirates …

Posted on 13/12/2022

UAE Banks Federation confirms sector’s strength, ability to continue growing

Chairman of the UAE Banks Federation, Abdulaziz Al Ghurair, said that the UAE banking and financial sector has successfully addressed the numerous geopolitical and economic developments and changes …

Posted on 13/12/2022

Kopin Corporation Announces Joint Technology Solution with OPTAC-X and RealWear to Provide Advanced Display Module for Telehealth System

Kopin Corporation (Nasdaq: KOPN), a leading developer and provider of high-resolution micro-displays and advanced optics for wearable headset products, today announced a joint technology solution with …

Posted on 13/12/2022

Dubai Chambers eyes $545bn trade bonanza, opens Egypt, Israel, Turkey offices

Dubai Chambers moves ahead with massive non-oil foreign trade expansion plans Dubai Chambers eyes $545bn trade bonanza, opens Egypt, Israel, Turkey offices Abraham Accords, Dubai Chambers, UAE economy …

Posted on 13/12/2022

Dubai International Chamber to attract more business, investment

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, on Monday announced the opening of three new international representative offices in Egypt, …

Posted on 13/12/2022

Dubai’s GDP Grows 4.6%, Testimony To Its Economic Resilience: Sheikh Hamdan

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, announced that Dubai’s GDP grew 4.6% year-on-year to Dh307.5 billion during the first …

Posted on 13/12/2022

Sharjah Media City Launches ‘Shams Valley’ To Build New Ventures, Startups In Media And Technology

SHARJAH, 12th December, 2022 (WAM) — Sharjah Media City (Shams) has launched a new venture builder called Shams Valley to launch startups in …

Posted on 13/12/2022

12 UAE-based, record 26 international teams for Dubai Kartdrome Endurance Championship

Hours endurance race is one of the highlight events on the motorsport calendar in the Middle East region and part of the long-standing Endurance Championship.

Posted on 13/12/2022

Emirates Development Bank, ADCB To Partner On Credit Guarantee Scheme For UAE Smes

The partnership will enable SMEs in the UAE to have improved access to strategic financing options. Under the credit guarantee scheme, EDB will guarantee up to 50 percent of the finance facility …

Posted on 12/12/2022

Russian money sets Dubai’s property market alight

Sky-diving above Palm Islands, one of Dubai’s artificial archipelagoes, has become a well-Instagrammed tourist tradition. But now it is the Palm itself that is taking off into the stratosphere. One …

Posted on 12/12/2022

India, UAE trade increased by 30% since Cepa signing, says Dr Gargash

The Emirates is India’s third-largest trade partner, second largest export market, and there are more Indian nationals in the UAE than in any other country abroad …

Posted on 12/12/2022

UAE and Kyrgyzstan sign initial co-operation pacts in various sectors

The UAE and Kyrgyzstan signed on Monday several initial pacts for joint co-operation in sectors including agriculture and renewable energy as they look to boost mutual investment and trade. The two …

Posted on 12/12/2022

Luberef, Aramco set tone for hot 2023 IPO listings in Gulf

Gulf IPO activity starts hot in 2023 thanks to more landmark offerings. Luberef’s trading debut and listings by Aramco Trading and others keep the IPO boom rolling. That bolsters confidence among …

Posted on 12/12/2022

Dubai’s GDP accelerates to 4.6% in the first nine months of 2022

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, announced that Dubai’s GDP grew 4.6% year-on-year to Dhs307.5 billion …

Posted on 12/12/2022

UAE, Kyrgyzstan agree to increase investments, expand partnerships

The governments of the UAE and Kyrgyzstan agreed to strengthen their economic cooperation and enlarge the scope of their business and investment partnerships …

Posted on 12/12/2022

Dubai’s celebrity hairstylist flies 6 times to Doha to give Moroccan team their best look

The Tunisian expat is preparing to fly to the city again on Tuesday ahead of Atlas Lions’ semi-final match against France …

Posted on 12/12/2022

UAE Launches Rover to Moon While Eying More Investment in Space

Arab world’s first lunar mission to explore likely payoffs of space exploration The United Arab Emirates launched the Arab world’s first mission to the moon, sending a lunar rover to begin to fulfill …

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