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Category: Business
The UAE and China have officially launched the Qingdao Overseas Integrated Service Centre (QOISC) during the China-Arab Business Forum in Qingdao. This initiative represents a significant advancement in strengthening economic ties and accelerating trade, which reached a record $400 billion between China and the Arab world in 2024. The forum was organized by the Qingdao...
Royaloak Furniture, one of India’s largest organized furniture retail chains, has announced its entry into the UAE market as part of its broader international expansion strategy. The brand, which has over 15 years of operational history and a customer base exceeding 5 million, has opened three stores in the UAE—located in RAK Mall (Ras Al...
UAE and Chinese officials are working to enhance cooperation in energy, renewables, infrastructure, and other sectors, as discussed in a series of official meetings in Beijing on Thursday. Dr. Sultan Al Jaber, the UAE’s Minister of Industry and Advanced Technology and Adnoc’s managing director and group chief executive, participated in these discussions, meeting with Lan...
Beam Global (NASDAQ:BEEM) has announced a joint venture agreement with the Platinum Group, a company based in the United Arab Emirates (UAE). This collaboration aims to create Beam Middle East, which is expected to enhance Beam Global’s presence in the region. The joint venture will focus on advancing renewable energy solutions and promoting sustainable technologies...
Altery MENA Limited, a subsidiary of the UK-based fintech Altery Limited, has obtained a regulatory license from the Dubai Financial Services Authority (DFSA). This development was announced in a press release, highlighting Altery’s commitment to expanding its financial services in the MENA region. The acquisition of this license aligns with Altery’s global strategy to establish...
Abu Dhabi is set to revive the UAE’s rich maritime traditions with the launch of the Noukhthat Abu Dhabi programme on 30 June 2025. This initiative, supported by the Abu Dhabi Sports Council, aims to train over 200 young sailors in the art of dhow sailing and navigation during a two-month course. The Noukhthat Abu...
National Investments Company (NIC) has launched its first regional office in the United Arab Emirates, located at the Dubai International Financial Centre (DIFC). This move is part of NIC’s ambitious expansion strategy aimed at establishing a stronger presence in leading global financial hubs. The company has received official approvals from the Dubai Financial Services Authority...
Dubai Chambers’ President and CEO has been elected as a member of the Executive Board of the International Chamber of Commerce (ICC). This esteemed organization represents a vast network of 45 million businesses across more than 100 countries, which highlights the significant role that Dubai Chambers will play in global commerce. The election was announced...
A recent analysis by the Dubai Chamber of Commerce has shown that Indian-owned businesses topped the list of new company registrations during the first quarter of 2025. This report highlights the growing influence of Indian entrepreneurs within the Dubai business landscape, signaling strong ties between the two economies. The Dubai Chamber, one of three chambers...
The Sharjah Chamber of Commerce and Industry (SCCI) has initiated discussions with the Consulate General of the Republic of Kazakhstan in Dubai to explore ways to improve economic cooperation and enhance trade and investment relations between the two countries. This meeting took place during an official visit by Almaz Tasbolat, the Consul General of Kazakhstan...