The Department of Community Development (DCD) in Abu Dhabi organised nine virtual workshops on licensing of third sector institutions. Held over two weeks, these workshops were attended by 105 civil associations and institutions of public interest. Commenting on DCD’s regulatory responsibility, His Excellency Mubarak Salem Al Ameri, Executive Director of the Licensing and Control Sector […]
Sharjah’s gross domestic product (GDP) expanded by an annual 4.8% in 2021, as per official data released by the emirate’s Department of Statistics and Community Development (DSCD). With nearly AED 130.5 billion in GDP earnings last year compared to AED 124.6 billion in 2020, the emirate’s economy, particularly the non-oil sectors, accelerated reinforcing its growing status as a regional hub for business, […]
Daman Investments has raised a USD 120 million fixed maturity plan as it expands across regional markets, creating a tailor-made fund for one of the GCC’s leading regional banks, The tailored fixed maturity plan comes as Daman Investments significantly extends its reach across GCC countries and outside of its home market in the UAE by […]
Aldar Investment, the region’s leading real estate investment platform with more than AED 22 billion of assets under management, has completed the acquisition of a 70% equity interest in Abu Dhabi Business Hub, valuing the company at more than AED 500 million, with the remaining 30% owned by a strategic partner. The acquisition marks the […]
The iUK Academy, an approved IOEE Enterprise Academy that offers world-class support to global entrepreneurs who aspire to launch scalable businesses in the UK, recently concluded its very first ‘Entrepreneurship 101’ webinar in the UAE. Candice Moss, Director & Group Head of Mentoring at the iUK Academy, moderated the online webinar, which included key insights […]
Proactive Pandemic Response Boosts Economic Activity MENA governments were proactive in establishing a proper framework and guidelines to deal with COVID-19 early on, having initiated aggressive vaccine rollouts. The United Arab Emirates (UAE) leads the way, boasting a vaccine rate of more than 95% for a two-dose protocol.1 The remainder of GCC countries are expected to […]
Marine and lifting equipment specialists Motive Offshore Group (Motive) and subsea and decommissioning equipment rental specialists Hiretech Limited (Hiretech) have joined forces in the Middle East to bring superior technology and service solutions to a burgeoning market. Harnessing its UAE hub and existing catalogue of subsea marine and lifting equipment services, Motive is bolstering its current suite with Hiretech’s […]
Canadian University Dubai (CUD) Professor of Management, Dr. Rommel Sergio, has launched a new book revealing how 22 renowned organizations have successfully tackled some of the key corporate challenges brought on by the pandemic. The publication, entitled ‘Management Cases: Thriving Organizations in the New Normal’ was unveiled at a recent public launch event hosted at […]
Leading UAE-based smart and green facilities management (FM) company Farnek has promoted UK National Derek Ford, to Senior Director of Business Development (BD) and Key Accounts. Ford, who joined Farnek in 2016 as a project director of total FM services, has a wealth of experience, including a 23-year career as an engineer in the British Army, with […]
Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, announced it is expanding its partnership with CrowdStrike Holdings, Inc. (NASDAQ: CRWD), a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data. Cloudflare is integrating its Zero Trust platform with CrowdStrike Falcon Zero Trust Assessment (ZTA) to give joint customers simple and […]
