Tag: Dubai

Emirates Islamic concludes debut US$500 million financing facility

Emirates Islamic has announced the successful conclusion of its debut US$500 million syndicated Financing Facility. The landmark three-year term financing facility is the first of...

Dubai Investments shareholders approve 12.5% dividend

Dubai Investments has announced the distribution of 12.5 per cent cash dividend to the shareholders for the financial year ending December 31, 2023. The group...

UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility

The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according...

Ducab Group amplifies international standing by operating in 75 countries

Ducab Group has revealed its strategic expansion into 20 new markets, bringing its geographic footprint to 75 countries. Leveraging 44 years of pioneering achievements, Ducab...

Dubai Chamber of Digital Economy explores private sector empowerment, impact of advanced technology on economic growth

DUBAI, 4th April, 2024 (WAM) -- Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, recently organised a networking...

Dubai: Empower approves Dh425 million dividends to shareholders

The annual general meeting (AGM) of the Emirates Central Cooling Systems Corporation PJSC (Empower) has approved its board of directors’ proposal to distribute cash...

UAE banks lead in revenue, digitalisation cuts branch costs across Gulf: Roland Berger

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE...

Alibaba Cloud opens training centre in Dubai Internet City to boost digital skills

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled the MEA region’s Alibaba Cloud Academy Training Centre today, which will serve...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...