The Ministry of Industry and Advanced Technology (MoIAT) has extended an open invitation to global investors, urging them to seize the numerous business prospects available in the United Arab Emirates (UAE) at the upcoming second edition of the ‘Make it in the Emirates Forum’. Osama Amir Fadl, Assistant Undersecretary for the Industrial Accelerators Sector at […]
The Ministry of Climate Change and Environment (MOCCAE), in collaboration with key stakeholders in the UAE’s power generation sector, has conducted a study highlighting a significant 20% reduction in nitrogen oxide (NOx) emissions resulting from power generation activities. The study focused on assessing the intensity of nitrogen oxide emissions specifically related to power generation, establishing […]
Saudi Arabia’s First Milling Co. has announced its plans to go public, with intentions to float 30% of its shares in the stock market.
Bank Dhofar, the second-largest lender in Oman with assets worth $11.2 billion, has announced a revised offer for Ahli Bank just a day after a consortium led by Oman International Development and Investment Co. expressed its intention to bid for the esteemed financial institution. Recognizing the potential value and synergies a merger could bring, Bank […]
In a recent study conducted by KPMG and DataEQ, it has been revealed that banks in the United Arab Emirates (UAE) have made remarkable strides in enhancing customer satisfaction.
The Dubai Civil Aviation Authority (DCAA) and Dubai Municipality have recently solidified their commitment to the development of drone technology.
Hotpack, the prominent disposable packaging products manufacturer based in the United Arab Emirates (UAE), has taken a significant step towards embracing the digital era.
UBS Group AG, in a regulatory presentation ahead of the completion of its takeover of Credit Suisse Group AG, has projected a significant financial impact of approximately $17 billion.
Saudi Arabia’s National Debt Management Center (NDMC) has successfully raised $6 billion through the sale of Islamic bonds, known as sukuk, under its Global Trust Certificate Issuance Program. The issuance has received significant interest from investors, highlighting their confidence in the Saudi economy. According to a statement released on Tuesday, the Kingdom sold a $3 […]
H.H. Sheikh Ammar bin Humaid Al Nuaimi, the Crown Prince of Ajman, welcomed Antoine Delcourt, the Ambassador of Belgium to the UAE, for a cordial meeting held at the esteemed Ruler’s Court.