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Category: Business
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 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...
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...
Asian Granito India Ltd has announced a significant financial maneuver concerning its wholly-owned subsidiary, Harmony Surfaces Marbles TR. LLC S.P, based in Sharjah, UAE. The company’s board has approved the conversion of outstanding loans and related expenses into equity shares, marking a strategic move to inject capital into its local operations. This transaction involves the...
DP World has announced a strategic investment in Maithri Aquatech, a company specializing in atmospheric water generation technology, as part of its commitment to sustainability efforts. This collaboration aims to integrate innovative solutions that harness humidity to produce drinking water, addressing water scarcity challenges globally. The investment is a key step in DP World’s broader...
In a significant policy shift, former President Donald Trump has decided to withdraw a proposed transit fee for vessels passing through the Strait of Hormuz. This decision follows backlash from various stakeholders, raising concerns about the financial implications for shipping routes vital to global trade. The original proposal aimed to impose fees on tanker ships...
The United Arab Emirates and Saudi Arabia are rapidly emerging as leading powers in artificial intelligence infrastructure, signaling a strong commitment to long-term economic growth in the region. With an abundance of capital and energy resources, these two Gulf states are strategically leveraging their advantages to establish themselves as global AI hubs. According to recent...
The recently finalized Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom is set to take effect on July 15, 2026. This significant pact aims to enhance the economic relations between the two nations and is expected to yield considerable benefits, particularly for Indian enterprises and consumers. A central feature of the...
Dealing.com has achieved a remarkable milestone by introducing more than 24,000 tokenised stocks, a move that has been officially recognized by Guinness World Records. This groundbreaking achievement was celebrated in the presence of H.E. Dr Thani bin Ahmed Al Zeyoudi, marking a significant highlight in the fintech landscape of the UAE. The introduction of such...
DP World, a leading global logistics company, has announced a strategic equity investment in Maithri Aquatech, a firm based in Hyderabad, India. This collaboration marks a significant step towards the integration of innovative water generation technology within DP World’s extensive global operations. The investment is primarily focused on facilitating the pilot deployment of atmospheric water...