The UAE Ministry of Industry and Advanced Technology (MoIAT) has successfully overseen a historic rise in industrial exports from the UAE to foreign markets, which amounted to approximately AED120 billion (US$32.6 billion) in 2021. This coincided with a major surge in factories commencing production in 2021, with 220 new facilities going into service. Also, the […]
The Federal Tax Authority (FTA) has launched several initiatives as part of ‘UAE Innovates 2022’, which is taking place across the UAE throughout the month of February. The ‘UAE Innovates 2022’ initiative aims to promote a culture of government innovation by engaging the community in ambitious projects to design future experiences and develop initiatives that […]
Leap Scholar, South Asia’s largest study abroad platform, with products and services in overseas education announced its expansion into the Middle East region. The San Francisco headquartered company plans to invest $20 million over the next one year to establish a world-class team in the region to serve the end to end study abroad needs […]
The UAE real estate market continued to recover in varying degreesacrossall asset classes, including residential, office, and retail delivery sectors, a trend that will likely continue in 2022. The Q4 2021 UAE Real Estate Report by property management experts Asteco revealed a significant surge in activity and pricing for villas and townhouses segments following the […]
Canadian University Dubai (CUD) will soon be home to the next Centre for Entertainment Arts (CEA) to meet the region’s growing demand for advanced skills in the digital and creative industries. The University has signed a Memorandum of Understanding (MoU) with CEA, Canada to train students for careers in the exciting worlds of film, TV, […]
PID Owners Association Management LLC (PIDOAM), a subsidiary of Dubai Investments PJSC has awarded Farnek – a UAE based smart and green facilities management (FM) company, a two-year Total Facilities Management (TFM) contract. Under the agreement, Farnek will deploy more than 100 employees, responsible for maintaining the Mechanical, Electrical and Plumbing (MEP), cleaning and security services for the […]
With the implementation of its internationalization strategy in 2021, QCON is all set to launch a series of unique offerings for its customers. QCON has become a pioneer in offering comprehensive Loyalty Rewards & Referral Programs in construction industry with clear earning, spending, and referral rules for customers based in the GCC Region. Established in 2015, […]
Uniphore, the leader in conversational automation today announced its Series E funding round of $400 million. The round, which brings Uniphore’s total funding to more than half a billion ($610 million) is led by NEA and raises the company’s valuation to $2.5 billion. March Capital and other existing Uniphore investors along with new entities are […]
The Austrian pavilion at Expo 2020 Dubai is set to host the pilot project of the SOS Children’s Villages International, Gulf Area Office, “Circular Entrepreneurship Hub”, on February 16, 2022 from 12 noon to 5 pm. Founded in Austria in 1949, SOS Children’s Villages is the world’s largest non-governmental organization focused on supporting children and […]
Food and beverage trade in the UAE increased steadily to reach over $20 billion in the first nine months of 2021, supported by growing demand and expanded efforts to enhance food security and diversify food imports, new analysis from Dubai Chamber of Commerce shows. Imports accounted for the largest share of the UAE’s F&B trade […]
