The United Arab Emirates is set to enhance its investment and development collaborations with Nigeria and various other African countries. This initiative aims to bolster sectors such as trade, infrastructure, and technology, thereby strengthening economic ties between the UAE and the African continent. As a part of this strategic investment drive, the UAE is looking...
Mubadala Investment Company, a key sovereign investor in the UAE, has entered into a significant agreement with Brazilian aerospace manufacturer Embraer. This partnership aims to enhance the manufacturing and maintenance, repair, and overhaul (MRO) capabilities within the United Arab Emirates, marking a pivotal step in the country’s aerospace ambitions. The strategic alliance focuses on a...
The United Arab Emirates (UAE) has taken a significant step towards bolstering its food processing and export capabilities by signing a Memorandum of Understanding (MoU) with the Indian state of Andhra Pradesh (AP). This partnership, initially discussed at the recent World Economic Forum in Davos, aims to establish a robust food cluster in the UAE,...
The state of Madhya Pradesh has reached a significant milestone in its transportation history with the launch of its first international flight service from Indore to Abu Dhabi. This inaugural flight, set to begin on July 15, is a pivotal development under the Madhya Pradesh Civil Aviation Policy-2025, showcasing the state’s commitment to enhancing its...
The Dubai Multi Commodities Centre (DMCC), a key player in facilitating global trade through Dubai, has entered into a memorandum of understanding (MoU) with the Botswana Stock Exchange Group (BSE), which operates the Botswana Mercantile Exchange (BMX). This collaborative effort aims to enhance Botswana’s access to international commodity markets by linking its developing commodities exchange...
The SME financing landscape in the United Arab Emirates has been evaluated at approximately $30 billion, reflecting a robust foundation for ongoing growth. This insight comes from a detailed market analysis conducted by Ken Research, which highlights the prevailing financing gaps and investment opportunities that exist within the country’s dynamic SME sector. Given the rapid...
The state of Madhya Pradesh has reached a significant milestone in its transportation history with the launch of its first international flight service from Indore to Abu Dhabi. This inaugural flight, set to begin on July 15, is a pivotal development under the Madhya Pradesh Civil Aviation Policy-2025, showcasing the state’s commitment to enhancing its...
The SME financing landscape in the United Arab Emirates has been evaluated at approximately $30 billion, reflecting a robust foundation for ongoing growth. This insight comes from a detailed market analysis conducted by Ken Research, which highlights the prevailing financing gaps and investment opportunities that exist within the country’s dynamic SME sector. Given the rapid...
The Abu Dhabi Chamber of Commerce and Industry has recently achieved important ISO certifications, demonstrating its commitment to enhancing institutional resilience and operational excellence. Specifically, the Chamber garnered the ISO 22301 certification for business continuity management, alongside the ISO 31000 certification for risk management, marking a significant milestone in its strategic initiatives. By obtaining these...
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...