Dubai Chamber of Commerce has announced the establishment of the Dubai Council for Wooden Ships, a new business group that will support the wooden ships sector in Dubai by unifying voices of member companies. The business group, operating as a non-profit body under the umbrella of Dubai Chamber of Commerce, will serve common interests and […]
Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, announced that its board of directors and shareholders approved the ordinary and special resolutions during the Annual General Assembly (AGM) held at the Expo Dubai 2020 on 16 March 2022. CBD was the first bank to host its AGM at Expo 2020 […]
Building on the success of the ATMAH project, the region’s first Social Impact Bonds, the Authority of Social Contribution – Ma’an announced an AED4 million investment by Aldar to be allocated to two Social Contracting projects. The new social investment contributions include AED2.7 million for family counselling services project by the Abu Dhabi Early Childhood […]
Q Properties today unveiled its vision for the next phase of luxury development with the launch of the first phase of Reem Hills, a gated community development in an exclusive location on Abu Dhabi’s Al Reem Island. The AED 8 billion project features a unique man-made hill and is designed to encourage its residents to […]
E-Vision, from e& (previously known as Etisalat Group), and ADQ, an Abu Dhabi-based investment and holding company, today announced the signing of a binding agreement to acquire a majority equity stake of circa 57% in STARZPLAY ARABIA, a leading Subscription Video on Demand (SVOD) and streaming service provider in the Middle East and North Africa. […]
The European Union (EU) funds a four-year, 8 million euro regional programme with SPARK, an international non-governmental organisation, to help reshape business communities in the Southern Neighbourhood towards a more inclusive, sustainable and tech-driven future. As the MENA region needs to adapt to complex environmental issues and rapidly changing social and economic behaviour, young entrepreneurs are […]
Unicorn Hunters is making final preparations to present its pioneering business series that democratizes access to investment & funding, and Unicoin, the next-generation cryptocurrency that will be backed by equity and pay dividends in Riyadh, Saudi Arabia as a VIP Guest at Sir Anthony Ritossa’s 18th Global Family Office Investment Summit, in the presence of His […]
Skillbee, an India-based super app launched in the UAE amidst the Covid-19 pandemic to help migrant workers who had lost their jobs get back on their feet, has raised $3.2M in the seed funding round led by Good Capital and Vibe Capital. Good Capital is an early-stage venture investment firm with a number of other […]
Bahri, a global leader in logistics and transportation, today concluded its successful participation in the 3rd MENA Desalination Projects Forum, the largest of its kind in the region. In the presence of Eng. Abdullah Aldubaikhi, CEO of Bahri, the company’s new business line, Bahri Desalination, showcased its state-of-the-art leading solutions including innovative floating desalination platforms […]
The Central Bank of Bahrain (CBB) has decided today to raise its key policy interest rate by (25) basis points. CBB’s key policy interest rate on the one-week deposit facility is raised from 1.00% to 1.25%. The CBB has also decided to raise the overnight deposit rate from 0.75% to 1.00%, the four-week deposit rate […]
