Grant Thornton UAE, a prominent financial services firm, has officially opened a new office in Sharjah. This expansion marks a significant milestone in the company’s growth journey and demonstrates its commitment to serving clients in the Northern Emirates and across the UAE. According to WAM, the opening ceremony featured key figures such as Walid Al...
Category: Business
Dubai to Host 2nd Japan Trade Exhibition with Over 100 Participating Companies
Dubai is preparing to inaugurate the 2nd Japan Trade Exhibition on February 10, 2025, at the Dubai World Trade Centre (DWTC). The event will feature participation from more than 100 companies and brands, showcasing the growing trade relationship between the UAE and Japan. The organizer, Maico Enterprise, anticipates significant growth in trade volumes and foreign...
ADQ and SCIC Sign MoU to Enhance Investment Collaboration in Vietnam
The Abu Dhabi Developmental Holding Company (ADQ) has partnered with the State Capital Investment Corporation (SCIC), a sovereign wealth fund owned by the Government of Vietnam. They have signed a Memorandum of Understanding aimed at creating a framework for collaboration in key sectors of mutual interest within Vietnam. This partnership seeks to identify and assess...
Dubai Chambers Partners with U.S. Chamber of Commerce to Boost Trade
Dubai Chambers has entered into a partnership with the U.S. Chamber of Commerce to enhance trade and economic cooperation between Dubai and the United States. The Memorandum of Understanding (MoU) was signed at Dubai Chambers’ headquarters by Salem Al Shamsi, Vice President of International Relations at Dubai Chambers, and Steve Lutes, Vice President for the...
UNS Vertical Farms Leads Microgreens Revolution in the UAE
The global microgreens market was valued at $3.24 billion in 2024 and and is expected to grow USD 7.97 Billion in 2032 at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2032. This growth is largely fueled by increasing consumer awareness of the nutritional benefits of microgreens, a rising demand for premium food products, and the growing...
Sheikh Mohammed Approves New Board of Directors for Dubai Chambers
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved the Board of Directors for Dubai Chambers, which serves as the umbrella organization for the Dubai Chamber of Commerce, the Dubai International Chamber, and the Dubai Chamber of Digital Economy. This approval was announced on February 6,...
Dubai Mall Unveils 100,000 Sq. Ft Digital Amusement Park
The House of Hype, a massive digital amusement park spanning 100,000 square feet at The Dubai Mall, is bringing entertainment to a whole new level in Dubai. Located in the Fountain View extension, near the Chinatown section, this new attraction combines 18 experiential zones and over 100 unique activities, alongside six micro restaurants. Alexander Heller,...
UAE-Kyrgyz Joint Business Council Holds First Meeting to Strengthen Economic Ties
The Federation of the UAE Chambers of Commerce and Industry (FCCI) organized the inaugural meeting of the UAE-Kyrgyz Joint Business Council on February 5, 2025. This meeting, which took place in collaboration with the Sharjah Chamber of Commerce and Industry (SCCI), aimed to enhance economic and trade relations between the UAE and the Kyrgyz Republic....
EasyLease Reports AED456 Million Revenue in 2024, Driven by Strategic Acquisitions
EasyLease (ADX: EASY LEASE) has announced its audited financial results for the fiscal year 2024, revealing a total revenue of AED456 million. This figure represents an impressive 53% year-over-year growth, solidifying the company’s leadership position in the rapidly evolving mobility sector in the region. The results underscore Easy Lease’s capability to maintain strong financial performance...
ADQ and Orion Resource Partners Launch $1.2 Billion Joint Venture in Metals and Mining
Abu Dhabi’s sovereign wealth fund, ADQ, has formed a strategic partnership with Orion Resource Partners to create a new joint venture focused on enhancing supply chain security in the metals and mining sector. This collaboration, named Orion Abu Dhabi, will see an initial investment of $1.2 billion over the next four years, with both parties...