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Tag: business

Posted on 28/07/2021

VP greets UAE-based tech startup for 1st ME unicorn to list on Nasdaq

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday took to twitter to praise an Arab youth who founded a $1.5 billion …
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Posted on 28/07/2021

Sheikh Mohammed hails 28-year-old who built $1.5-billion company in Dubai

The UAE Vice-President has hailed a 28-year-old Arab, who set up a $1.5-billion (Dh5.5 billion) business in Dubai. Taking to Twitter on Wednesday, His Highness Sheikh Mohammed bin Rashid Al Maktoum, …
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Posted on 28/07/2021

Sheikh Mohammed congratulates UAE based entrepreneur for establishing smart mass transport company in Dubai

Dubai’s impact on the global start-up scene shows the vision and spirit of the region’s youth in shaping tomorrow’s businesses,” Sheikh Mohammed tweeted. The t. Founded in 2017, Swvl provides …
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Posted on 28/07/2021

Two new hits for Festival City Mall’s IMAGINE show

It seems like every day is set to be a festival at Dubai Festival City Mall this summer. And if you’re a fan of Ed Sheeran on Saif Nabeel, you’re going to want to get yourself down to watch the …
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Posted on 28/07/2021

Abu Dhabi launches digital platform to address conflict between Emirati couples

Abu Dhabi has launched a digital platform aiming to raise awareness about the importance of seeking professional help at the first signs of conflict among …
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Posted on 28/07/2021

First Abu Dhabi Bank reveals 11% hike in H1 profits

First Abu Dhabi Bank (FAB), the UAE’s biggest lender, has posted an 11 percent year-on-year rise in net profit for the first half of the year. On Wednesday the bank announced profits of AED5.4 billion …
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Posted on 28/07/2021

Abu Dhabi’s Mubadala invests in global biosimulation firm Certara

Mubadala will purchase an aggregate of 9,615,384 shares at $26 per share Abu Dhabi: The investment aligns with Mubadala’s strategy of enabling innovation to address unmet clinical needs and drive …
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Posted on 28/07/2021

Last chance to buy Abu Dhabi F1 tickets at discount

Race fans wishing to secure a seat at this year’s Formula 1 Etihad Airways Abu Dhabi Grand Prix while taking advantage of the early-bird discount have been urged to purchase tickets this week. The …
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Posted on 28/07/2021

Dubai-based King Group expands portfolio

King Group Hospitality, a Dubai-based international hospitality brand engaged in food services and retail sector, is all set to expand its chain of restaurants in the UAE and Thailand, that will help …
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Posted on 28/07/2021

Global conference on public-private partnership to take place during Expo 2020 Dubai

The Dubai Government’s Department of Finance (DoF) will organise an international conference on public-private partnership (PPP) on October 10-11 under the umbrella of Expo 2020 Dubai.Titled the Dubai …
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Posted on 28/07/2021

Dubai Free Zones Council focus on business accelerators and startups support

The city’s Free Zones accounted for 38% of Dubai’s total foreign trade in Q1 2021 with total value of AED135 billion …
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Posted on 28/07/2021

Dubai-based Udrive closes $5 million funding round

Over the last four years, the company has empowered over 250,000 UAE members to complete over 1.4 million trips …
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Posted on 28/07/2021

Dubai Shopping Malls Group’s weekly raffle draw heads to BurJuman

As the latest venue of the Dubai Shopping Malls Group’s (DSMG … Gold & Diamond Park, Ibn Batutta Mall, Lamcy Plaza, Mazaya Center, Mercato Mall, Oasis Centre, Reef Mall, Souk Al Bahar …
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Posted on 28/07/2021

First Abu Dhabi Bank’s H1 profit up 11% to Dh5.4 billion

Our solid results in the first half of 2021, with Group net profit increasing 11 per cent year-on-year to Dh5.4 billion, are a testament to the successful execution of our stra …
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Posted on 28/07/2021

UAE’s First Abu Dhabi Bank posts 19 pct jump in Q2 net profit

First Abu Dhabi Bank, the United Arab Emirates’ biggest lender, posted on Wednesday a 19 percent rise in quarterly net profit, underpinned by sharp gains …
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Posted on 28/07/2021

Dubai’s diverse digital economy primed for swift rebound

Dubai’s diversified and digitalised economy was able to absorb the impact of the Covid-19 pandemic relatively well and is primed for a swift rebound, says a new Covid-19 Recovery Roadmap produced by …
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Posted on 28/07/2021

Dubai Free Zones Council Explores Business Accelerator Initiatives And Startups Support

The Dubai Free Zones Council (DFZ Council) held its 18th meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, to discuss strategic initiatives that …
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