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Category: Business
Sharjah Islamic Bank (SIB) has entered a strategic partnership with the Environment and Protected Areas Authority (EPAA) to promote sustainability initiatives in the emirate of Sharjah. This collaboration aims to foster a sustainable environment through various programs and projects that align with the goals of both organizations. This partnership will focus on enhancing public awareness...
The Vietnam-UAE Business and Investment Forum is set to take place on April 10, 2025, in Abu Dhabi. This event marks a significant advancement in strengthening the economic ties and trade relations between Vietnam and the United Arab Emirates (UAE). The forum is organized by the Embassy of Vietnam in the UAE in partnership with...
UAE-based fintech firm Hubpay has introduced Hubpay Payroll, a new payroll solution aimed at simplifying payments for businesses with international teams. This launch marks Hubpay’s entry into the growing $1.2 billion payroll market in the UAE, providing companies with a seamless and cost-effective method to manage their global payroll needs. As businesses in the UAE...
In a significant move to enhance economic ties, the UAE and Tunisia have launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA). This announcement was made by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the UAE, and Samir Obeid, Minister of Trade and Export Development of Tunisia, during a...
The Abu Dhabi Investment Office (ADIO) has announced a significant multi-year partnership with Gushcloud International, a global company specializing in creator management and digital marketing. This collaboration aims to establish Gushcloud’s regional headquarters in Abu Dhabi, marking a notable step in enhancing the emirate’s digital economy and creative industry. As part of the partnership, Gushcloud...
Switzerland-based hotel firm Aman Group is actively seeking to secure $2 billion in new capital to support its global expansion initiatives. The luxury hospitality brand has already attracted approximately $1.3 billion from Gulf wealth funds and other investors over the past three years. The funds will be utilized to open more hotels across the Middle...
The United Arab Emirates (UAE) and Tunisia have officially launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA), aimed at bolstering bilateral trade and investment between the two nations. This agreement seeks to lower tariffs and trade barriers, enhance market access, and establish new pathways for investment across vital sectors. During a virtual meeting, Dr....
Saudi developer Emaar, The Economic City, has finalized a binding restructuring agreement with the Public Investment Fund (PIF) concerning a substantial loan deal valued at SR1 billion ($266 billion). This agreement marks a significant step for the company, which is the master developer of the King Abdullah Economic City located on the Red Sea coast....
DELTA Wealth Partners has announced the upcoming launch of the DELTA Future Fund in the second quarter of 2025. This fund aims to redefine deep-tech venture capital in the region through an innovative approach that combines advanced artificial intelligence with the principle of “Artificial Wisdom.” Dr. Abdalla Kablan will lead the DELTA Future Fund, which...
Emaar The Economic City (Emaar EC) has successfully obtained a loan of 1 billion riyals, equivalent to $267 million, from the Public Investment Fund (PIF) to support project costs and drive growth. This loan is part of the company’s Capital Optimisation Plan. The new financing represents an amendment to a prior agreement made in 2023...