Dubai-based GEMS Education has announced plans to invest approximately $300 million over the next two to three years to foster organic growth. CEO Dino Varkey shared this information, highlighting the company’s strategy to capitalize on increasing population numbers and an influx of affluent individuals to the region. Dubai is recognized as one of the fastest-growing...
Dubai Customs has launched the “Basma (Imprint)” Award to promote innovation and raise awareness about intellectual property rights in alignment with the UAE’s “Year of Community” initiative. The award features two categories, one aimed at the general public and another for students in schools and universities. It encourages young participants to learn about the risks...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved the Board of Directors for Dubai Chambers, which serves as the umbrella organization for the Dubai Chamber of Commerce, the Dubai International Chamber, and the Dubai Chamber of Digital Economy. This approval was announced on February 6,...
American Hospital Dubai has entered a long-term Value Partnership Agreement with Siemens Healthineers, a global leader in medical technology. This partnership aims to boost patient care outcomes through improved operational efficiencies and the introduction of advanced medical imaging technology. The agreement spans ten years and emphasizes a four-point plan to enhance workflow efficiency and patient...
Abu Dhabi Commercial Bank (ADCB) has unveiled an ambitious growth strategy that aims to double its net profit to Dh20 billion within the next five years. The bank targets an annual growth rate of approximately 20 percent during this period. Additionally, ADCB plans to increase its year-on-year paid-out dividends to around Dh25 billion, reflecting a...
Dubai Chamber of Commerce announced impressive achievements for 2024, with active membership reaching 258,318 by the end of the year. This marks an annual growth of 18 percent compared to 2023. Additionally, the chamber welcomed 70,500 new companies into its membership, reflecting a 3 percent increase, underscoring Dubai’s appeal as a prime location for businesses...
The 26th edition of Intersec, recognized as the world’s largest business event focused on security, safety, and fire protection, commenced today at the Dubai World Trade Centre (DWTC). This year’s event, held under the patronage of H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, is expected to be the largest and most comprehensive in...
The UAE will host the third edition of the World Local Production Forum from April 7 to 9, 2025, at the Abu Dhabi National Exhibition Centre (ADNEC). The forum will operate under the theme “Advancing Local Production for Health Equity, Global Health Security, and Sustainable Development.” This announcement was made during a press conference at...