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Category: BUSINESS

Posted on 09/04/2023

Dubai free zones hub DIEZ reports 42% rise in 2022 operating profit

The Dubai Integrated Economic Zones Authority, which includes the Dubai Airport Free Zone, Dubai Silicon Oasis and Dubai CommerCity, reported a 42 per cent annual increase in its operating profit and …

Posted on 09/04/2023

EFG Hermes Concludes Advisory On $210.5M IPO For Al Ansari On Dubai Financial Market – Dailynewsegypt

EFG Hermes announced on Saturday that it completed advisory on the $210.5m (AED 773m) initial public offering (IPO) of Al Ansari Financial Services …

Posted on 09/04/2023

India: Dubai-based businessman kidnapped in Kerala over financial deal

A Dubai-based businessman has been abducted in Kerala, India on Friday, Indian media outlets have reported. The man, Shafi Kurunthottikandi, and his wife were abducted by an unidentified gang of four …

Posted on 09/04/2023

Dubai top destination for foreigners, says report

It serves more than 85 million people annually, connecting more than 240 destinations across six continents, with more than 100 airlines …

Posted on 09/04/2023

UAE a ‘beacon of hope’ in sustainability for needy

Throughout the years, as part of DIHAD’s sustainable projects with the support of its local partners to help communities in need, a number of projects have been completed and many are currently under …

Posted on 09/04/2023

India’s Russian oil imports now double of Iraq

Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries, for a sixth straight month by supplying more than one-third of all oil India …

Posted on 09/04/2023

Dubai the top foreigners’ destination, W Capital survey says

Due to its central location between east and west, as it is a few hours away by flight from most of the world’s major destinations, Dubai Airport is one of the busiest airports in the world. It serves …

Posted on 09/04/2023

Eni, PetroCi celebrate FPSO to develop Ivory Coast largest offshore field

Italian oil firm Eni, with its partner PetroCi, has celebrated the sail away of the FPSO Firenze to the giant Baleine oil and gas field offshore Ivory Coast. The FPSO Firenze, which sailed away from …

Posted on 08/04/2023

Dubai an intellectual hub for diversified culture, says Sheikha Latifa after inaugurating ‘Big Bad Wolf Books’

Being held till April 16 at the Dubai Studio City, the Big Bad Wolf exhibition is displaying over a million books. There is a discount of over 75%.

Posted on 08/04/2023

Engineers India win ₹31.50 crore order from Abu Dhabi National Oil Company

According to an exchange filing, Abu Dhabi’s national oil producer ADNOC, has awared a contract worth Rs 31.50 crore to Engineers India Limited. L&T wins mega contracts for its hydrocarbon arm The …

Posted on 08/04/2023

UAE announces Golden Visa price hike under new rules

UAE has set a new fee of AED1,250 for the six-month entry permit, which includes a variety of charges UAE announces Golden Visa price hike under new rules 10-year visa in UAE, Citizenship, Customs and …

Posted on 08/04/2023

Overcast skies across the UAE, rain in Abu Dhabi’s Al Dhafra

Rain was reported in Abu Dhabi’s Al Dhafra area. Cloud activity increased in the afternoon and such conditions are expected to continue throughout the week, especially over eastern areas such as …

Posted on 08/04/2023

Dubai Wins FSO Conversion; Dalian Completes Graving Dock

is responsible for coordinating all commercial business related to newbuilding and repair of offshore rigs and structures on behalf of the group. For more information on Dubai Drydocks Circle 4 9 …

Posted on 08/04/2023

Nakheel awards contracts for construction of Jebel Ali Village, Dubai

Nakheel has selected iBuild Construction and United Engineering Construction (UNEC) for the construction of Jebel Ali Village in Dubai.

Posted on 07/04/2023

Gulf Marine Services lands two offshore contracts

UAE-based offshore contractor Gulf Marine Services (GMS), a supplier of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors, has announced two new …

Posted on 07/04/2023

FPSO En Route to Develop Ivory Coast’s Largest Offshore Field

Italian oil firm Eni, with its partner PetroCi, on Thursday celebrated the sail away of the FPSO Firenze to the giant Baleine …

Posted on 07/04/2023

Convert Chinese Yuan (Offshore) To UAE Dirham

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