ŚWINOUJŚCIE: Canadian energy company Central European Petroleum (CEP) has announced a significant oil and gas discovery off the Polish Baltic coast, which could become one of Europe’s largest hydrocarbon finds in a decade. The discovery was confirmed following successful test drilling at the Wolin East offshore oil field, located approximately six kilometres from the port […]
LONDON: Dubai Chambers has officially launched its first international business hub, Dubai Hub London, aimed at simplifying and streamlining services for global investors looking to establish operations in Dubai. This strategic initiative marks a significant step in supporting international businesses through integrated public and private sector services. Supervised by Dubai Chambers and operated by Al […]
KANDLA: DP World, in collaboration with India’s Deendayal Port Authority (DPA) and European tech firm Nevomo, has signed a landmark Memorandum of Understanding (MoU) to explore the deployment of autonomous magnetic freight movement within port ecosystems. Announced on July 15, 2025, the MoU outlines a pilot project featuring Nevomo’s MagRail technology at Deendayal Port in […]
ADSM and UIBC-UC sign MoU to empower youth with cross-border innovation, mentorship, and leadership programs. Dubai: The Abu Dhabi School of Management (ADSM) has signed a landmark Memorandum of Understanding (MoU) with the UAE–India Business Council–UAE Chapter (UIBC-UC) to jointly advance youth entrepreneurship, innovation, and leadership development over the next three years. The partnership, effective […]
DAMASCUS: DP World has entered a landmark 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to upgrade and operate the strategic Port of Tartus. The deal, announced in Damascus, marks a significant step in rebuilding Syria’s trade infrastructure and reintegrating its economy into regional commerce. Under the Build-Operate-Transfer (BOT) model, DP […]
Ravi Kant urges Indian firms to think globally as ICAI Dubai Chapter celebrates Chartered Accountants Day with leadership, AI, and success stories. Dubai: The ICAI Dubai Chapter marked the 77th Chartered Accountants Day with a compelling call for global ambition and innovation from industry leaders, led by Ravi Kant, former CEO and Vice-Chairman of Tata […]
ABU DHABI: The Central Bank of the UAE (CBUAE) has officially revoked the licence of Al Khazna Insurance Company P.S.C, citing the company’s failure to meet mandatory licencing conditions outlined in the Federal Decree Law No. 48 of 2023, which governs insurance activities across the country. The CBUAE stated that this decisive action followed thorough […]
Samsung launches Galaxy Z Fold7 and Z Flip7 in UAE, featuring powerful AI, pro-grade tools, and pre-order offers until July 24. Dubai: Samsung has opened pre-orders for its flagship foldables—the Galaxy Z Fold7 and Galaxy Z Flip7—in the UAE. Representing Samsung’s most intelligent and durable foldables yet, both models blend sleek design with Galaxy AI, […]
DUBAI: Epson, a leading name in visual and printing technology, has announced a high-profile partnership with international music icon Shakira as the brand’s official ambassador for the Middle East, Türkiye, Africa, Central and West Asia (META-CWA) region. This strategic collaboration is part of Epson’s new “Imagine New Possibilities” campaign, aimed at empowering the next generation […]
ABU DHABI: The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED3 million on a local bank after an examination revealed non-compliance with UAE anti-money laundering laws. The action was taken under Article 14 of Federal Decree Law No. (20) of 2018 concerning Anti-Money Laundering and the Combating of the Financing […]
AX CAPITAL and GFS Developments launch global sales strategy, targeting European, South Asian, and North American investors with smart tools and curated property experiences. Dubai: AX CAPITAL, one of Dubai’s most dynamic real estate brokerages, has entered a strategic partnership with GFS Developments to spearhead the international sales and marketing of key GFS projects. This […]
