Browsing: Business

Bahrain Chamber of Commerce and Industry revealed its members are anticipating a $2.9 billion surge in spending once the King Fahd Causeway re-opens on 17 May based on tourist spending habits from 2019. This comes after Saudi Arabia announced it

Renewable & Clean Energy will debut as the theme for Middle East Energy’s inaugural virtual focus week on 17 May 2021, as research from Informa Markets revealed 83 GW of renewable and clean energy capacity, mainly solar and wind power,

Abu Dhabi Islamic Bank (ADIB) said its Q1 2021 net profit surged by 125 percent to AED608 million compared to AED 270 million in Q1 2020, and up 26 percent against Q4 2020. The growth in net profits reflects the

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched the ‘Food Tech Valley’ a new initiative that seeks to triple the UAE’s food production. The launch event was

Abu Dhabi Ports, rated A+ (stable) by S&P and A+ (stable) by Fitch, has successfully issued US$1 billion 10-year bonds under its recently established Euro Medium Term Note Program (EMTN Program), to be jointly listed on the London Stock Exchange

Etihad Credit Insurance (ECI), the UAE International Investor Council (UAEIIC), Dubai Exports, the Italian Trade Agency (ITA) and Confindustria, the largest Italian industrial confederation, have discussed cooperation in various fields, including increasing exports, Foreign Direct Investment (FDI) and trade finance

His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received on Sunday Luigi Di Maio, Italian Minister of Foreign Affairs. During the meeting, held at the ministry’s headquarters in Abu Dhabi, Sheikh Abdullah and

StandDesk, a leading online retailer of sit-stand desks for consumers, is expanding to help small businesses. Launching today, StandDesk for Business offers small business owners a quick and affordable way to select and purchase high-quality commercial-grade furniture for their employees.

A total of 6,590 real estate transactions in Dubai were recorded in March 2021, valued at about AED22.9 billion, according to the real estate bulletin issued by Dubai Land Department (DLD) under the name Real Estate Updates. The bulletin revealed

Ahmed Ali Al Sayegh, UAE Minister of State, said that the UAE and China have nourished a deep respect, political confidence and support of each other for decades, with their governments working even more closely on joint activities and projects,