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Tag: fintech

Posted on 10/04/2023

Inside Abu Dhabi’s $29 billion Upper Zakum megaproject

The Upper Zakum Oil Field is the largest producing field in ADNOC’s portfolio. It is also the second-largest offshore oil field and the fourth-largest oil field in the world.. Inside Abu Dhabi’s $29 …

Posted on 10/04/2023

Dubai Customs, Global Innovation Institute partner to enhance services

The authority applies the latest and most important global standards in innovation and creativity strategy Dubai Customs has joined hands with the Global Innovation Institute (GInI) to further enhance …

Posted on 10/04/2023

RFP for key Sharjah water project issued to pre-qualified bidders

This project is in line with Sewa’s principle objectives to augment its water production capacity to meet the present and future water requirements in the northern emirate …

Posted on 10/04/2023

Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&

Careem Technologies will focus on the growth of the company’s “super app,” which offers dozens of services beyond ride hailing in one app.

Posted on 10/04/2023

Dubai’s Global Village to officially close this month

Dubai’s multicultural destination … to explore the destination during the expected Eid Al-Fitr long weekend. Earlier this year, Arabian Business reported that the Ripley’s Believe It or Not museum …

Posted on 10/04/2023

FPSO Firenze sails for Baleine field offshore Cote d’Ivoire

The FPSO Firenze will allow production start-up of the Baleine field, which is the largest hydrocarbon discovery in Cote d’Ivoire to date. [Image: Eni] …

Posted on 10/04/2023

Abu Dhabi Customs recycles 578 counterfeit goods

Counterfeit goods which could not be recycled were destroyed after completion of environmental and legal requirements …

Posted on 10/04/2023

Dubai’s DIEZ records 42 per cent rise in operating profit

Authority has announced a 42 per cent increase in its operating profit in 2022. The authority said its total revenue increased by 29 per cent, compared to 2021. The robust performance, which resulted …

Posted on 10/04/2023

Sheikh Hamdan launches Dubai Future Fellowship

The Dubai Future Fellowship will work together to anticipate the future of key sectors, identify and harness opportunities, and study potential challenges …

Posted on 10/04/2023

Quartet set to battle for Adnoc expansion project on Abu Dhabi’s largest offshore oilfield

Four contracting giants are set to compete for a sizeable contract from Abu Dhabi National Oil Company (Adnoc) for the expansion of its giant Upper Zakum offshore oilfield. Adnoc is greatly expanding …

Posted on 09/04/2023

Global Digital Payments Leader, VISA Joins Dubai Fintech Summit As Co-Host – ZEX PR WIRE

Dubai, UAE, 9th April 2023, zexprwire , The Dubai FinTech Summit welcomes Visa as a co-host sponsor for the two-day event taking place on 8 and 9 May this year. Visa is a global leader in digital …

Posted on 09/04/2023

Sharjah Chamber Receives High-Level Diplomatic Delegations From Bahrain And Cuba

Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) has separately received two high-level diplomatic delegations from Bahrain a …

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 …

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