Signed MOU aims to educate and empower SPC Free Zone members, including publishers and SMEs, through e-commerce channels Sharjah: The Sharjah Publishing City Free Zone (SPC Free Zone) and Amazon UAE have signed a Memorandum of Understanding (MOU) to empower SPC Free Zone members, including publishers, entrepreneurs and small and medium-sized enterprises (SMEs) to fast-track […]
A.P. Moller – Maersk continued to build momentum in the second quarter reporting improved financial performance with EBIT margin reaching 7.5%. Copenhagen, Denmark: A.P. Moller – Maersk continued to build momentum in the second quarter reporting volume growth across all segments and improved financial performance with EBIT margin reaching 7.5% compared to 1.4% in the […]
ABU DHABI: The Environment Agency – Abu Dhabi (EAD) has launched the first project of its kind in the region to electronically link (e-link) the entire Stacks Automated Monitoring System (AMS) in the Industrial, Energy and Oil and Gas Sectors across Abu Dhabi directly to its emissions monitoring system. The new e-linking system is designed […]
ABU DHABI: The UAE Government has issued a new law that updates the existing rules on anti-money laundering and combating the financing of terrorism and illegal organisations. This move is part of the country’s ongoing efforts to strengthen its legal framework to better fight financial crimes. The goal is to ensure the UAE stays in […]
Burjeel Holdings delivered revenue growth of 10.4% to AED 2.4 billion in H1’24 Abu Dhabi: Burjeel Holdings PLC (“Burjeel” or “the Group”), a leading super-specialty healthcare services provider in MENA listed on the Abu Dhabi Securities Exchange (SYMBOL: BURJEEL; ISIN: AEE01119B224), announced its financial results in accordance with International Financial Reporting Standards (IFRS) for the […]
DUBAI: PwC’s 2024 study on work preferences in the Middle East shows that there’s a big difference between what companies are focusing on and what employees actually want. While businesses are emphasising environmental and social issues (known as ESG), employees are more concerned about fair pay and career growth. The study found that 92% of […]
ABU DHABI: The telecom giants e& (formerly Etisalat) and du operate under a royalty deal with the UAE government. The royalty deal between e&, du, and the UAE government involves the companies paying a percentage of their profits to the government under the Ministry of Finance’s Royalty Guidelines. So, for every profit e& and du […]
ruya Partners with LuLu Exchange to Offer Cash Deposit Services at 140 centres across the UAE Ajman: ruya, the UAE’s digital-first Islamic community bank, has announced a strategic partnership with LuLu Exchange, one of the UAE’s leading financial services companies. This collaboration allows ruya customers to deposit cash directly and instantly into their ruya accounts […]
Nuvama Private is the Private banking arm of Nuvama Group (backed by global Private Equity Fund; PAG) – a leading & listed Indian Wealth Management firm, with market capitalisation of over US $ 2.5 bn. DUBAI: Nuvama Private, the Private Banking arm of Nuvama Group – one of India’s largest, listed Institutionally backed Wealth Management […]
RIYADH: The Ministry of Environment, Water, and Agriculture (MEWA) has announced that Saudi Arabia is now fully self-sufficient in production of figs. The country is growing more than 28,000 tons of figs each year on 1,421 hectares of land in 11 regions. The Jazan region is the top producer, contributing 9,906 tons annually. Riyadh follows […]
DUBAI: Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers, has shared that the Gulf Cooperation Council (GCC) market was the top global destination for exports and re-exports by its member companies in the first half of 2024. The GCC region made up 53.9% of the total exports and re-exports, amounting to […]
