Business

DFSA and Ministry of Economy and Tourism sign MoU to Enhance Financial Services Growth and Strengthen Audit and Regulatory Oversight

DFSA and Ministry of Economy and Tourism sign MoU to Enhance Financial Services Growth and Strengthen Audit and Regulatory Oversight

The Ministry of Economy and Tourism of the United Arab Emirates (UAE), and the Dubai Financial Services Authority (DFSA), the independent regulator of banking, wealth &…
Qashio Launches SME Support Initiative with Dubai Chambers 

Qashio Launches SME Support Initiative with Dubai Chambers 

Qashio, the leading spend management platform headquartered in Dubai, has announced the launch of “Qashio For You”, a targeted initiative…
SpaceX IPO Set to Become Largest in History, Marking a Defining Moment for Global Markets 

SpaceX IPO Set to Become Largest in History, Marking a Defining Moment for Global Markets 

SpaceX is reportedly preparing to go public in what could become the largest IPO in history, with a potential valuation exceeding USD…
ADNOC Distribution Shareholders Approve Final 2025 Dividend, Bringing Total Annual Payout to $700 Million

ADNOC Distribution Shareholders Approve Final 2025 Dividend, Bringing Total Annual Payout to $700 Million

ADNOC Distribution, the UAE’s leading mobility and convenience retailer, today announced shareholder approval of all agenda items at its Annual…
Emirates NBD Group Successfully closes USD 2.25 Billion in Long-Term Financing

Emirates NBD Group Successfully closes USD 2.25 Billion in Long-Term Financing

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully closed USD…
Digitization-led Disruption Set to Reshape GCC Auto Commerce Ecosystem 

Digitization-led Disruption Set to Reshape GCC Auto Commerce Ecosystem 

Autotech Ventures is expanding into the Gulf Cooperation Council (GCC) by establishing a presence in the United Arab Emirates (UAE). This move by…
Dubai South Welcomes New Distribution Facility by Hellmann Calipar Healthcare Logistics at the Logistics District 

Dubai South Welcomes New Distribution Facility by Hellmann Calipar Healthcare Logistics at the Logistics District 

Dubai South, the largest single-urban master development focused on aviation, logistics and real estate, has welcomed a new distribution facility…
ADGM Celebrates Decade of Operations with 36% Surge in Assets Under Management

ADGM Celebrates Decade of Operations with 36% Surge in Assets Under Management

Marking its 10th year of operations, ADGM, Abu Dhabi’s International Financial Centre (IFC), delivered another year of solid growth and…
EGF Invests AED 45 Million in CarniStore to Anchor the UAE’s Premium Protein Sector

EGF Invests AED 45 Million in CarniStore to Anchor the UAE’s Premium Protein Sector

Emirates Growth Fund (EGF), the UAE’s flagship growth equity investor, has announced a landmark AED 45 million strategic minority investment…
Dubai South Awards AED 2 Billion Contract for the Development of Multiple Phases of Hayat Project 

Dubai South Awards AED 2 Billion Contract for the Development of Multiple Phases of Hayat Project 

Dubai South Properties, has announced the appointment of Mohammed Abdulmohsin Al Kharafi & Sons LLC for an AED 2 billion…
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