India Innovation Hub, a project of the India Pavilion at EXPO 2020 Dubai, and Dubai Silicon Oasis (DSO), the integrated freezone technology park, joined hands as they signed a Letter of Intent (LoI) to support the startup ecosystem in both countries. As part of the engagement, unicorns from India will be brought to Dubai where […]
Category: NEWS
Austrian SAN Group to Invest AED 12 Million in a Green Biotechnology Facility in Ras Al Khaimah
The Austrian SAN Group has chosen Ras Al Khaimah Economic Zone (RAKEZ) as the platform for its green hydrogen and farming subsidiary SAN Enertech. The company will construct a fully integrated sustainable hydrogen production unit, plant, and fish farming on a land plot of 8,470 m2 in RAKEZ Al Hamra Industrial Zone with an investment of AED […]
On Foraging exploring food security and agricultural sustainability in the UAE
HE Noura Al Kaabi, UAE Minister of Culture and Youth, and HE Mariam Al Mheiri, UAE Minister of Climate Change and Environment, yesterday celebrated the “On Foraging: Food Knowledge and Environmental Imaginaries in the UAE’s Landscape” exhibition at the UAE Pavilion at Expo 2020. Commissioned by Warehouse421, a home-grown arts and design center dedicated to showcasing […]
Global economic confidence dips amongst global accountancy and finance professionals in Q4 2021
The latest results from a regular global survey of accountants’ and finance professionals’ views about the global economy reveals their economic confidence fell by 12 points in Q4 2021, due to the rapid spread of the Omicron Covid-19 strain. Conducted during late November and early December 2021 at the start of the outbreak, the ACCA […]
UBS Investor Sentiment Survey: Investors remain optimistic though wary amidst inflation anxiety and looming rate hikes
Inflation and interest rate hikes are some of the key concerns for high-net-worth investors globally, according to the new quarterly Investor Sentiment survey from UBS, the world’s leading global wealth manager. The survey, which polled 3,000 investors and 1,200 business owners across 15 markets globally, found that higher goods, fuel and energy prices have investors […]
UAE climbs to 3rd in Agility emerging markets logistics index
The United Arab Emirates ranks No. 1 overall as the most competitive emerging market in GCC and No. 3 globally after only giants China and India, according to the annual Agility Emerging Markets Logistics Index. The UAE led all 50 countries in the Index in creating the best business conditions and in the area of […]
Middle East leaders optimistic towards global economic growth in 2022
Revealed today, the Middle East findings of the 25th edition of PwC’s global CEO survey finds that 82% of regional business leaders expect global growth to improve in 2022 – the survey reports the current sense of optimism is tempered by an awareness of familiar and emerging threats and risks. A year ago, as the first COVID-19 […]
District 2020 to drive Dubai real estate future growth
The Dubai property market is expected to benefit exponentially from Expo 2020’s transition into District 2020, which is planned to be a sustainable and mixed-use community with residential and commercial spaces to retain and reuse at least 80 per cent of the infrastructure used for the world’s largest expo. According to Zoom Property Insights, District […]
“Low Visibility Ahead”: Emirates NBD announces investment outlook for 2022
Emirates NBD, one of the leading banking groups in the (MENAT) Middle East, North Africa and Turkey region, has released its global investment outlook for 2022. Themed, “Low Visibility Ahead” the 2022 outlook was revealed to media by Maurice Gravier, Chief Investment Officer, Emirates NBD Group. Speaking at the media briefing, Gravier and his team […]
Payment International enterprise partners with Bahrain Financing Company
Leading FinTech company in the Kingdom, Payment International Enterprise (PIE) extended their partnership with Bahrain Financing Company (BFC) to offer an experience that will allow consumers to complete payment services quickly, seamlessly, and digitizing cash payments for remittance services. PIE has showed a strong proof of commitment to innovation and is at the forefront of […]