Ajman Bank has successfully launched and listed a USD 300 million Additional Tier 1 (AT1) Perpetual Sukuk on Nasdaq Dubai, marking a significant milestone for the financial institution as it diversifies its capital structure. This inaugural transaction for Ajman Bank underscores the growing trend of sukuk issuances within the region, reflecting the bank’s commitment to expanding its funding options and...
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Strategies for MSMEs to Thrive in ECommerce
Micro, small, and medium-sized enterprises (MSMEs) are increasingly recognizing the potential of eCommerce as a catalyst for growth. In today’s digitally driven marketplace, having an online presence is not just an option but a necessity for MSMEs to survive and thrive. By adopting eCommerce solutions, these businesses can expand their reach, access new markets, and create additional revenue streams. To...
Gulf Job Openings Decrease by 3% Amidst Regional Turmoil
The latest labor market analysis reveals a 3% drop in job openings across the Gulf region, highlighting the impact of ongoing geopolitical tensions on hiring strategies. This decline signals a notable shift in labor demand as companies reassess their growth plans in light of instability. Qatar has experienced the most significant downturn, according to report insights from Cooper Fitch. The...
UAE Crude Oil Production Surges 80% Driven by Fujairah Exports
The United Arab Emirates has witnessed a remarkable recovery in its crude oil production, with output soaring to 3.8 million barrels per day (bpd). This surge is primarily attributed to the resurgence of export operations and enhanced field production activities following recent setbacks. Fujairah, a key terminal for the UAE’s oil exports, has played a pivotal role in this upswing....
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Strategies for MSMEs to Thrive in ECommerce
Micro, small, and medium-sized enterprises (MSMEs) are increasingly recognizing the potential of eCommerce as a catalyst for growth. In today’s...
Gulf Job Openings Decrease by 3% Amidst Regional Turmoil
The latest labor market analysis reveals a 3% drop in job openings across the Gulf region, highlighting the impact of...
Asian Granito Converts Loan to Equity, Retains 51% Stake in UAE Subsidiary
Asian Granito India Ltd has announced a significant financial maneuver concerning its wholly-owned subsidiary, Harmony Surfaces Marbles TR. LLC S.P,...
Trump Revises Position on Strait of Hormuz Shipping Fees
In a recent shift in policy, President Donald Trump announced that the U.S. would not impose fees on vessels traversing...
DP World Invests in Water Generation Technology to Enhance Sustainability
DP World has announced a strategic investment in Maithri Aquatech, a company specializing in atmospheric water generation technology, as part...
Trump Abandons Hormuz Transit Fee Plan, Focuses on Gulf Investments
In a significant policy shift, former President Donald Trump has decided to withdraw a proposed transit fee for vessels passing...
UAE and Saudi Arabia Positioning as Leaders in AI Infrastructure
The United Arab Emirates and Saudi Arabia are rapidly emerging as leading powers in artificial intelligence infrastructure, signaling a strong...
Exploring the India-UK Trade Agreement and Its Business Impact
The recently finalized Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom is set to take effect...
Dealing.com Sets Record with Over 24,000 Tokenised Stocks
Dealing.com has achieved a remarkable milestone by introducing more than 24,000 tokenised stocks, a move that has been officially recognized...
DP World Invests in Water Generation Technology to Enhance Operations
DP World, a leading global logistics company, has announced a strategic equity investment in Maithri Aquatech, a firm based in...
Bahrain’s Unique Investment Approach in a Competitive Gulf Market
As the Gulf region experiences intense competition among its states for attracting investment, Bahrain is charting a distinctive course under...
RAKEZ Expands Global Business Partnerships Through Delegations
The Ras Al Khaimah Economic Zone (RAKEZ) is actively enhancing its international business connections by hosting multiple delegation visits this...
Leaders Advocates Recognized for Excellence in UAE Legal Sector
The prestigious Business Worldwide Magazine has honored Dubai-based law firm Leaders Advocates with the title of ‘High-Value Litigation & Dispute...
UAE-India Start-Up Series 2.0 Applications Opening July 15
The UAE-India Comprehensive Economic Partnership Agreement (CEPA) Council is set to launch the second iteration of the UAE-India Start-Up Series...
DP World Invests in Water Generation Technology with Maithri Aquatech
DP World, a global leader in logistics and trade, is set to implement atmospheric water generation (AWG) technology throughout its...
Dubai’s Economic Transformation: Beyond Oil Dependency
Dubai, often perceived as a wealthy oil city, has undergone a significant economic transformation over the past few decades. Once...