The value of the UAE e-commerce market is expected to reach $9.2 billion in 2026, while the sector’s share of total retail sales in the UAE is projected to reach 12.6 percent by the same year, new analysis from Dubai Chamber of Commerce has revealed. The study, based on data from Euromonitor and released ahead […]
Since Amazon.eg’s launch in September 2021, the company has been empowering small and medium-sized businesses (SMBs) to grow and digitize their business, contributing to the country’s digital economy. Selling on Amazon.eg means you can launch, manage, and connect with customers across the country, and ultimately grow your online business, while leveraging the host of support […]
SD Centre for Entrepreneurship Excellence and Muscat-based Al Jabr MENA have joined hands to create services and solutions to create a robust bridge for start-ups to scale and expand easily between the Sultanate of Oman and the United Arab Emirates markets that contributes approximately 31% of the GCC market’s GDP. The collaboration shall enable the […]
Saudi is the fastest growing tourism destination in the G20. Saudi Arabia’s exponential sector growth has seen an extraordinary +121% increase from pre-pandemic international tourism levels as recognized by the newly published UNWTO Tourism Barometer. The substantial tourism recovery recognizes not only Saudi’s considerable investment in tourism, but also the country’s pioneering leadership in future-proofing its tourism […]
Eternal Robotics, a tech company focused on automation through innovation, has released a new AI-driven solution designed to streamline multiple business operations, including quality inspection, surveillance and action recognition systems. The pioneering company is part of the UAE-based Mojay Global Holding, which seeks out disruptive technology for investment and growth opportunities. Aptly named Smart Eyes, […]
The Higher Committee of the Al Quoz Creative Zone today approved the master plan for the Al Quoz Creative Zone during a meeting chaired by Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council. The master plan provides a […]
Partment, a proptech startup that offers co-owned second homes, announced today that the company closed its pre-seed round at US$1.5million to enhance the infrastructure of the platform, and deploy its MVP starting in Egypt. The round was led by Nclude, a leading venture capital platform focused on investing in fintech and fintech-enabled start-ups in Egypt, […]
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has been named Global Free Zone of the Year 2022 by the Financial Times’ fDi Magazine for the eighth consecutive year. The award, among the most prestigious of accolades a free zone can earn, is decided by the Financial Times Specialist […]
TikTok MENA announced today the launch of the inaugural TikTok Creator Hub program in the UAE, unlocking exciting opportunities for new talents to add their voice to the region’s burgeoning creative economy and contribute to a global cause. The new TikTok initiative aims to identify talents and connect them with the right mentors and skill […]
The UAE has more than 665,246 active businesses registered with various licensing authorities including 45 free economic zones; The total number of registered active business licences in July 2022 amounted to 665,246, a 1.9 percent increase compared to 652,885 licences issued in December 2019, according to the UAE’s National Economic Register (NER); About 80-85 percent […]
