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Category: Business
The United Arab Emirates has announced a significant commitment of US$40 billion to invest in Italy across various strategic sectors. This announcement occurred during an official visit aimed at enhancing bilateral relations and outlining future cooperation between the two nations. The investment will support a wide range of initiatives, including those in the economy, defense,...
The Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with Mizuho Financial Group, Inc. This collaboration aims to accelerate investment in the economy of Abu Dhabi, enhancing the emirate’s attractiveness as a business destination. Mizuho Financial Group is recognized as a leading global financial institution with a substantial customer base. Credit: Arab...
AD Ports Group has announced its financial results for the first quarter ending March 31, 2025. The company started the year with significant double-digit growth, building on the record financial performance achieved in 2024. This growth was fueled by the strong performance of the Ports, Economic Cities and Free Zones (EC&FZ), and Maritime and Shipping...
The United Arab Emirates (UAE) and Bahrain have initiated the implementation of their bilateral Investment Promotion and Protection Agreement. This agreement officially came into effect on Thursday, May 8, after both countries completed the necessary legal procedures. This pact emphasizes the strong fraternal ties and the growing economic partnership between the two nations. It reaffirms...
DXC Technology, a prominent global technology services provider, has unveiled its new offering, DXC Complete with SAP and Microsoft. This initiative aims to support SAP customers in transitioning to modern solutions, facilitating their RISE with SAP and GROW with SAP journeys, alongside SAP Business AI solutions hosted on Microsoft Azure. As a Managed Service Provider...
Abu Dhabi investment firm International Holding Company (IHC) has joined forces with BlackRock to establish a reinsurance platform valued at $1 billion, which will be based in the Abu Dhabi Global Market (ADGM). The partnership aims to incorporate additional hybrid and debt financing into the venture. The unnamed platform will offer underwriting capabilities and will...
AD Ports Group has announced a partnership with the Federal Youth Authority to enhance youth empowerment initiatives in the Al Dhafra Region. This collaboration aims to provide young people with access to opportunities that foster their development and engagement within the community. The initiative is part of the broader vision of the Abu Dhabi Government...
Abu Dhabi Chamber of Commerce & Industry (ADCCI) and the Japan External Trade Organization (JETRO) have signed a Memorandum of Understanding (MOU) aimed at enhancing business relations between Abu Dhabi and Japan. This agreement was formalized during the Abu Dhabi-Japan Business Connect Forum held in Tokyo, which was attended by key public and private sector...
Paradyme SOS Corporate Services has officially launched its office in the Dubai International Financial Centre (DIFC), aimed at providing comprehensive operational solutions for wealth and asset managers. DIFC is recognized as the leading global financial hub for the Middle East, Africa, and South Asia (MEASA). Founded by Ken Ginsburg, a veteran in the investment management...
The Dubai International Chamber has officially opened a new representative office in Dhaka, Bangladesh, aimed at facilitating and enhancing the exchange of trade between Dubai and Bangladesh. This initiative is part of the chamber’s ongoing efforts to support businesses and foster international trade connections. The new office will provide various services, including market research, business...