ABU DHABI: Khalifa Economic Zones Abu Dhabi – KEZAD Group and the UAE-based Pharmatrade today announced the opening of Pharmatrade’s Abu Dhabi Logistics Centre.
Through this new logistics centre, the company plans to ramp up the storage and distribut…
ABU DHABI: The United Arab Emirates has solidified its position as a leading regional and global player in foreign direct investment, according to Jamal Bin Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC).
He est…
ABU DHABI: The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific reference to the supply of electricity to industrial…
BERLIN: A new report released by the International Renewable Energy Agency (IRENA) confirms that achieving the global target set at COP28 to triple renewable power capacity by 2030 relies heavily on establishing conducive conditions for such growth. T…
ABU DHABI: The assets of Islamic banks operating in the UAE exceeded AED700 billion for the first time in history at the end of 2023, according to the latest statistics from the Central Bank of the UAE (CBUAE).
The statistics showed that the assets o…
ABU DHABI: Abu Dhabi Securities Exchange (ADX) is collaborating with Eureeca, a global investment platform matching individual and institutional investors with growth and pre-IPO companies, to bolster accessibility to ADX IPOs in a fully compliant man…
ABU DHABI: Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (Terra-Gen), one of the largest indepen…
DUBAI: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that record growth was achieved in the value of goods and commodities imported under ATA Carnets during 2023. A total of 5,492 ATA…
ABU DHABI: Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, today announced that it has raised $100 million in a Series B funding round. Mubadala Investment Company PJSC (Mubadala), an Abu Dh…
DUBAI: Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency (RERA), has partnered with the Chinese institute ‘DX Broker Training Service’ to enhance awareness in the Dubai real estate sector.
This collaboration seeks to creat…
DUBAI: Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency (RERA), has partnered with the Chinese institute ‘DX Broker Training Service’ to enhance awareness in the Dubai real estate sector.
This collaboration seeks to creat…
DUBAI: The 12th Sikka Art and Design Festival, held under the patronage of H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, marked a significant m…