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Tag: fintech

Posted on 22/09/2022

UAE, Saudi Arabia non-oil foreign trade grew by 92.5% over past decade: FCSC

The trade exchange between the two countries in the first half of 2022 totalled AED65.7 billion, the statistics also showed. The total value of non-oil exports from the UAE to Saudi Arabia over the …

Posted on 22/09/2022

Thousands of balikbayan boxes abandoned at BOC

Thousands of balikbayan boxes from the Middle East were abandoned by  courier services at the Bureau of Customs (BOC), according to JP Soriano’s “24 Oras” report on Thursday.

Posted on 22/09/2022

Dubai Is Planning A $5 Billion Moon-Themed Resort

According to a report in Arabian Business, the lunar surface of the moon resort, which a ‘lunar colony will encircle,’ would allow 2.5 million people each year to enjoy inexpensive space tourism on …

Posted on 21/09/2022

Gunvor in sale talks with Abu Dhabi’s Adnoc

Abu Dhabi National Oil Company has held talks with Gunvor about acquiring all or part of the trading house in a deal that would significantly increase the United Arab Emirates’ reach in global …

Posted on 21/09/2022

Abu Dhabi Police Call On Parents To Protect Children From Violent Electronic Games

In a statement issued on Wednesday, Abu Dhabi Police said the electronic games can cause teenagers to adopt aggressive behaviours and commit crimes, and that the use of the games could potentially …

Posted on 21/09/2022

Dubai Customs concludes training with French Customs

Dubai Customs concluded a training program, which was conducted by the French Customs. The 4-day training targeted 30 inspection officers from Dubai Customs. At the clos …

Posted on 21/09/2022

Visa, FAB and DBWC announce five winners of first UAE edition of Visa She’s Next program

The award-winning women-owned small businesses in the UAE will each receive a US$10,000 grant and one year of business coaching from IFundWomen. Winners were selected by an independent committee from …

Posted on 21/09/2022

Abu Dhabi TAQA’s subsidiary MIPCO secures more than $1bln in financing

The long-term US dollar-denominated financing is set to mature on September 30, 2024, the energy company said on Wednesday in a regulatory filing on the Abu Dhabi Stock Exchange where its shares trade …

Posted on 21/09/2022

Abu Dhabi National Hotels, Ras Al Khaimah ink resort deal as it seeks international growth

Abu Dhabi National Hotels is investing over Dh1 billion (USD272 million) to establish a luxury resort on Ras Al Khaimah’s Al Marjan Island in additio …

Posted on 21/09/2022

F1 Abu Dhabi Grand Prix 2023: everything we know so far

Did you miss out on F1 Abu Dhabi Grand Prix 2022 tickets? Worry not. The F1 Abu Dhabi Grand Prix 2023 sporting event is coming back next year.

Posted on 21/09/2022

Casa Milano partners with Hansgrohe, hosts an open house in Abu Dhabi

We intend to showcase all our products including Hansgrohe in a way that the customer can visualise having it in their homes,” says Casa Milano director. Casa Milano partners with Hansgrohe, hosts an …

Posted on 21/09/2022

Abu Dhabi’s IHC to acquire up to 31.25% stake in Colombian food giant Grupo Nutresa

The company’s subsidiary, IHC Capital Holding, has just filed a request to launch a tender offer to acquire between 25% and 31.25% of the ordinary shares of the Colombian firm, according to a …

Posted on 21/09/2022

UAE travel, tourism spending highest in GCC region at $27.4bln

Leisure and business visitors in the UAE spent a total of $27.4 billion in 2021, the highest among the GCC markets, Alpen Capital said in its latest GCC Hospitality Report. Saudi Arabia came second …

Posted on 21/09/2022

Inflation in the UAE could be around for at least the next six months, minister says

UAE Economy Minister Abdullah bin Touq Al Marri says it’s important for the central bank to ensure it strikes a balance between its fiscal, monetary and economic policies.

Posted on 21/09/2022

UAE: MBRAH completes work on first vertical aerospace complex

Located in the Supply Chain Cluster of MBRAH, the 12,000-sq-m facility offers light industrial space for maintenance-services companies, aircraft engines and spare parts traders, and aerospace and dro …

Posted on 21/09/2022

Promoting gender diversity in the workplace is a ‘leadership issue:’ AB Women in Business

The comment was made at a panel discussion in the ongoing Arabian Business Women in Business Conference in Dubai where other business leaders talked about the role of employers in empowering female …

Posted on 21/09/2022

Dubai Investments launches Danah Bay, a premium beachfront community in Ras Al Khaimah

Spanning an area of approximately 90,000 square metres, the project offers a variety of freehold residential options.

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