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Category: Business
XTB, a global fintech company, has announced the opening of its new office in One Central (Offices 5) at the Dubai World Trade Centre. This expansion is a significant move for XTB as it aims to enhance its services for investors in the Middle East. The opening coincides with recent regulatory milestones, including the new...
Adani Enterprises Limited has announced the establishment of a wholly owned subsidiary called Cococart International-FZCO in Dubai, UAE. This new entity was formed through its step-down subsidiary, Cococart Ventures Private Limited. The primary aim of this strategic move is to bolster Adani’s overseas trading capabilities, aligning with the business objectives of Cococart Ventures and potentially...
Gushcloud International has announced plans to establish its regional headquarters for Europe, the Middle East, and Africa (EMEA) and India in Abu Dhabi. This strategic move follows a multi-year partnership with the Abu Dhabi Investment Office (ADIO) aimed at enhancing the emirate’s rapidly growing digital creator economy. The establishment of Gushcloud’s headquarters is expected to...
The United Kingdom is actively seeking to enhance business opportunities for British firms in Dubai and the wider UAE, particularly in the aviation, hospitality, and financial services sectors. Sarah Mooney, the UK trade commissioner for the Middle East and Pakistan as well as the British Consul General to Dubai and the Northern Emirates, emphasized that...
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...