Jebel Ali Free Zone (Jafza) is boosting its logistics infrastructure with a strategic Dhs90m investment in the second phase of its Logistics Park. The expansion will add 360,000 square feet of Grade-A …
UAE: EHC Investment acquires Al Fanar Gas Group
This will streamline processes, expand service capabilities, and position EIG to deliver more innovative, efficient, and sustainable gas solutions across the region …
UAE grants Ramadan clemency, pardons more than 500 Indian nationals
This annual tradition of pardoning prisoners during Ramadan reflects the UAE’s commitment to justice, compassion, and maintaining strong diplomatic relations with India …
French WealthTech firm RockFi raises €18 million
Less than a year after an initial fundraising round of €3 million, RockFi, the French fintech aiming to revolutionize private wealth management through its combination of seasoned advisors and cutting …
NBR intel uncovers Tk60cr tax evasion, Dubai investment by top Sylhet stone importer
The Central Intelligence Cell (CIC) of the National Board of Revenue claims to have found evidence of income tax evasion amounting to around Tk60 crore by Fakhor Uddin Ali Ahmed, owner of Sylhet’s …
Baker Hughes Secures Coiled-Tubing Drilling Deal in Dubai
Baker Hughes Company (BKR), a leading energy technology company, has been awarded a multi-year contract by Dubai Petroleum Establishment (“DPE”), acting on behalf of Dubai Supply Authority, to provide …
Africa’s fintech innovator taps Ripple to provide round-the-clock fund transfers
Ripple teams with Chipper Cash for instant cross-border transfers, boosting financial inclusion via Ripple Payments in Africa.
How this Austrian couple built a successful waterproofing business in Dubai
Austrian couple Philipp and Maria Orso’s venture German Handyman Technical Services LLC, which is based in Dubai, specialises in waterproofing. The young ambitious couple attribute their success to …
Trends and Big Ideas Shaping Fintech in 2023
The fintech industry is continuously evolving and … the 2022 crypto incidents proved the need for a more robust regulatory framework and clearly structured consumer protections.
QED Enters The GCC With NymCard’s US$33 Million Series B
QED Investors, a global fintech-focused venture capital firm headquartered in the US, has made its first investment in the Gulf by leading a US$33 million in a Series B funding round for the UAE-based …
Baker Hughes secures drilling services contract for gas storage project in Dubai
This initiative aims to enhance Dubai’s energy stability by improving the system’s ability to alternate between natural gas and solar power.
Dubai Customs enhances travel experience with seamless passenger clearance for Eid Al-Fitr
The Passenger Operations Department has implemented a specialized plan for peak travel seasons, e nsuring seamless customs procedures with high efficiency and quality …
Abu Dhabi’s flying taxis are closer to taking off this year
A fleet of flying taxis operating in Abu Dhabi became more of a likelihood following confirmation of an agreement between the emirate’s aviation authority and the firm behind the machines. As The …
City Prepares to Start Electric Plane Air Taxi Service
Abu Dhabi, the capital of the United Arab Emirates, is set to become the first city in the region to launch electric flying taxis following a deal with U.S.-based Archer Aviation and plans test …
UAE announces new Dirham symbol
UAE Dirham symbol. The CBUAE announced the new symbol for the UAE’s national currency in its physical and digital forms. The new UAE Dirham symbol will look like this. The new U …
Dubai Chambers discusses strengthening trade and investment relations with Indian Ambassador to the UAE
Indian companies accounted for highest number of new Dubai Chamber of Commerce memberships in 2024 with 16,623 new companies …
Abu Dhabi Aviation partner with Archer to deploy first ‘Midnight’ electric aircraft
Abu Dhabi Aviation Group (ADA) has signed a strategic Memorandum of Understanding (MoU) with Archer Aviation to deploy the first fleet of its Midnight electric vertical take-off and landing (eVTOL) …