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Category: Business
The second UAE-Iraq Business Forum commenced yesterday at the Sheraton Dubai Creek Hotel, aiming to strengthen trade ties between the two nations. This event was organized by the Federation of UAE Chambers of Commerce and Industry in collaboration with the UAE Ministry of Foreign Affairs (MOFA) and the Federation of Iraqi Chambers of Commerce. The...
SHORTFOMO, the leading video design agency in the UAE, has launched its CREATOR program in Dubai. This initiative aims to connect skilled content creators with local businesses, enabling them to co-create engaging videos that can enhance their organic reach. The launch comes at a time when video content has become essential for capturing customer attention...
Korra Energi, an Egyptian energy solutions firm, is set to use nearly 70% of the proceeds from its upcoming initial public offering (IPO) on the Egyptian Stock Exchange to enhance its capital and finance expansion projects. The company’s Chairman, Ayman Korra, shared these details in an interview with Zawya. Initially, Korra Energi planned to offer...
Abu Dhabi’s hotel group, Rotana, is set to launch an initial public offering (IPO) as it seeks the necessary approval from its shareholders. The vice chairman noted that this move aligns with the company’s strategy for expansion and growth in the competitive hospitality sector. The company is actively pursuing mergers and acquisitions to bolster its...
Saudi Arabia’s travel company Almosafer, which is part of the Seera Group, is aiming to become a publicly traded company by the end of 2025 or early 2026, according to its chief executive, Muzzammil Ahussain. In an interview with Khaleej Times, Ahussain stated, “We’re still on track for IPO sometime in the later part of...
BNI UAE has announced the BNI UAE EXPO 2025, set to be a major business networking event in the UAE. This two-day event will take place on May 9 and 10, 2025, at the JAFZA One Convention Centre in Dubai, bringing together over 1 000 entrepreneurs, senior executives, and decision-makers from across the UAE and...
The Dubai Multi Commodities Centre (DMCC) has announced that Indian companies now make up 16 percent of its total member base, reflecting a 7 percent growth year-on-year. In the past year, 260 Indian companies have joined DMCC, bringing the total number of businesses in the international business district to nearly 4 000. Credit: ARN News...
Dubai CommerCity (DCC), the first free zone in the region dedicated to digital commerce, has announced strategic partnerships with qeen.ai and Portmind. These collaborations aim to boost e-commerce growth in the UAE by leveraging advanced AI solutions. DCC is a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties. The partnerships...
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister, announced that the Dubai World Trade Centre (DWTC) produced an economic output exceeding AED 22.35 billion in 2024. This announcement was made following Sheikh Hamdan’s review of the DWTC’s 2024 Economic Impact Assessment Report, which underscores...
According to WAM, Dr. Thani Al Zeyoudi, the Minister of State for Foreign Trade, engaged in discussions with Hendrik Josef Wüst, the Minister-President of North Rhine-Westphalia, Germany. During their meeting, both parties expressed a commitment to enhance trade ties and collaborate in critical sectors, including technology, advanced manufacturing, and the green economy. Following their talks,...