Business

Dh5.5 million Fines: UAE Authority Penalises Companies over Unlicensed Activity

Dh5.5 million Fines: UAE Authority Penalises Companies over Unlicensed Activity

The move comes as part of efforts to uphold market integrity and safeguard investors against fraud UAE’s Capital Market Authority…
Swisslog to Deliver a Second Frozen High Bay Warehouse Project for Magnavale 

Swisslog to Deliver a Second Frozen High Bay Warehouse Project for Magnavale 

Swisslog, a leading provider of data-driven intralogistics automation, has announced its appointment as automation partner for Magnavale’s new frozen storage facility in Avonmouth,…
Gold Prices Drop in Dubai as Investors Eye US-Iran Peace Deal

Gold Prices Drop in Dubai as Investors Eye US-Iran Peace Deal

Analysts say that higher crude oil prices and a still-elusive US-Iran peace agreement are keeping precious metal off balance at…
Aramco and Emerson Collaborate on Strategic Corrosion R&D  

Aramco and Emerson Collaborate on Strategic Corrosion R&D  

Global automation leader Emerson (NYSE: EMR) today announced it will co-develop next-generation corrosion management solutions for the Saudi Arabian Oil Company (Aramco), one of the world’s leading…
Emirates Islamic and FC Barcelona Unite to Launch Exclusive Co-Branded Card

Emirates Islamic and FC Barcelona Unite to Launch Exclusive Co-Branded Card

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced a landmark partnership with globally renowned football…
Aramex, Saudi-based Netzero Partner to Launch Smart Tree Sustainability Initiative in Saudi Arabia 

Aramex, Saudi-based Netzero Partner to Launch Smart Tree Sustainability Initiative in Saudi Arabia 

Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced a partnership with Netzero, a Saudi-developed smart afforestation platform, to…
Dubai South and Majid Al Futtaim Partner to Develop AED 62 Billion Mixed-use Master Community 

Dubai South and Majid Al Futtaim Partner to Develop AED 62 Billion Mixed-use Master Community 

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate has signed an agreement with Majid Al…
Standard Chartered Successfully Supports Pakistan’s Inaugural Panda Bond Issuance 

Standard Chartered Successfully Supports Pakistan’s Inaugural Panda Bond Issuance 

This week, Pakistan successfully issued a 3-year RMB 1.75 billion panda bond in the Chinese interbank market for the first time.…
Abu Dhabi’s BlueFive Capital Signs Definitive Agreement for Strategic Investment in Gulf General Cooperative Insurance

Abu Dhabi’s BlueFive Capital Signs Definitive Agreement for Strategic Investment in Gulf General Cooperative Insurance

BlueFive Capital is pleased to announce it has signed a binding share subscription agreement with Gulf General Cooperative Insurance Company, a publicly listed…
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