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Month: September 2023

Posted on 11/09/2023

Dubai Chamber of Commerce connects with more than 20 business councils during special event to promote cross-border economic partnerships

one of the three chambers operating under Dubai Chambers, has participated in the ‘Big Inter-Council Networking Night’ event as part of its efforts to support the business community, promote …

Posted on 11/09/2023

Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf – chairman

NEW DELHI (Reuters) -Hypermarket chain and mall operator Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday, adding …

Posted on 11/09/2023

$26 million Infinite Blue diamond to be displayed in Dubai

The Infinite Blue diamond is coming to Sotheby’s Dubai ahead of its auction in Hong Kong. As part of its world tour before its sale on October 5, this remarkable stone will be on display for one day …

Posted on 11/09/2023

UAE SME sector gets a boost as Emirates NBD Business Banking reports 34% increase in lending facilities towards SMEs

Dubai, UAE: In line with the focus of boosting SMEs and the national economy, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region reports a 34% increase …

Posted on 11/09/2023

RAKBANK cooperates with UnionPay to drive contactless mobile payments in UAE

RAKBANK and UnionPay International have announced their cooperation to drive contactless mobile payments in UAE. RAKBANK has enabled all …

Posted on 11/09/2023

Jawaher Al Qasimi: Sharjah offers fertile grounds for science and knowledge to flourish

Sharjah: Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs (SCFA), has expressed great pride on …

Posted on 11/09/2023

500+ local & int’l exhibitors to converge at Expo Centre Sharjah for 52nd Watch & Jewellery Middle East Show

Spanning a massive area of 30,000 square meters, the exhibition will provide an ideal platform for visitors to acquire exquisite pieces of gold and jewellery and will witness the unveiling of the …

Posted on 11/09/2023

Abu Dhabi launches first investment fund manager under new SCA rules

The new investment fund manager aims to provide investors in the UAE with access to investment solutions that are specifically tailored to their needs …

Posted on 11/09/2023

Germany’s Covestro stock rises amid talks with Abu Dhabi’s ADNOC

German raw material manufacturer Covestro saw a rise in shares of around 4% on Monday morning after it announced it wants to enter open-ended talks with the Abu Dhabi National Oil Company (ADNOC) …

Posted on 11/09/2023

UAE announces pension payments for some employees

The UAE government will pay 2.5 per cent of a citizen’s pension contribution if companies keep updated Nafis data. The General Pension and Social Security Authority (GPSSA) has announced that the UAE …

Posted on 11/09/2023

UAE visa-free travel: Armenia now included

The new and update regime allows UAE citizens to stay in Armenia for a period of 180 days in the country in a year …

Posted on 11/09/2023

UAE: Winners announced of Dh50,000 cash prize, free fuel for a year; two weeks left to go for promotion

You can participate in the promotion only if you have a UAE phone number, Emirates ID and are an Adnoc Rewards member. Participants can sign up on the Adnoc distribution app, or by visiting a service …

Posted on 11/09/2023

UAE Team Emirates aim to break Jumbo Visma stronghold in final week of Vuelta a Espana

UAE Team Emirates enter the final week of the Vuelta a Espana well-placed to launch an attack on the general classification podium, with both Juan Ayuso and Marc Soler in contention. Spanish rider …

Posted on 11/09/2023

Up to Dh400,000 fines under UAE Commercial Agencies Law announced

The UAE Commercial Agencies Law has stipulated the seizure of goods and a fine of up to Dh400,000 for violating the law by any of the …

Posted on 11/09/2023

CBUAE teams up with BIS and COP28 Presidency to launch the COP28 UAE TechSprint

The Central Bank of the UAE (CBUAE), the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF) and the COP28 Presidency have launched the COP28 UAE TechSprint, a global …

Posted on 11/09/2023

UnionPay International: RAKBANK cooperates with UnionPay to drive contactless mobile payments in UAE

RAKBANK and UnionPay International have announced their cooperation to drive contactless mobile payments in UAE. RAKBANK has enabled all their …

Posted on 11/09/2023

More Marine Lines, Boats, Stations As Dubai’s Sheikh Hamdan Approves Plan To Expand Water Network

The Dubai Crown Prince has approved a new plan to develop the Emirate’s maritime transport network and expand it by 188 per cent. The aim is to serve 22 million passengers by 2030.

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