The fourth European regional office of the Dubai International Chamber, among the three organizations functioning under the Dubai Chambers umbrella, has been formally opened in the Netherlands. The new office, the chamber’s 25th overseas location overall, was opened yesterday evening in Amsterdam during a formal ceremony. Mohammad Ali Rashed Lootah,…
View More The Dubai International Chamber strengthens its presence in Europe with the opening of a new office there
Access to capital, workspaces, and other growth possibilities will be provided under the Business Development in Dubai initiative. As the emirate advances with its goal of becoming a digital economy powerhouse, Dubai’s Chamber of Digital Economy officially launched a new platform targeted at attracting and assisting digital-focused start-ups. The business…
View More Dubai creates an innovative online platform to draw in and assist start-ups with a digital focus.
Dubai Islamic Bank (DIB) has chosen its HPE GreenLake edge-to-cloud system to update their core banking system in order to provide improved customer experiences and introduce fresh services and digital products, according to a statement released by Hewlett Packard Enterprise, Inc. (NYSE: HPE) today. Additionally, the implementation of a full…
View More Dubai Islamic Bank uses HPE GreenLake to modernize its core banking platform and improve customer experience.
Between September and October, the Mohammed bin Rashid Center for Development of Leadership will begin accepting applications for the course. The Dubai Economic Leadership Program has been introduced by Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of the Dubai Executive Council. By…
View More Launch of the Dubai Business Leadership Program by Sheikh Hamdan
Dubai is at the heart of everything FinTech, providing one of the world’s best ecosystems to foster innovation, attracting record investments and growth at an accelerated pace. With the success of Dubai Fintech Summit in providing a truly global platform for the world’s Fintech community, the Dubai International Financial Centre…
View More Dubai Emerges as a Leading Fintech Hub, Attracting Global Investment and Innovation
Hydrocarbons will remain an integral part of energy mix for the foreseeable future, says Haitham Al Ghais. Underinvestment in the oil and gas industry could lead to increased oil market volatility, Opec secretary general Haitham Al Ghais said on Monday as he urged the industry to ensure that the energy transition is inclusive.…
View More Underinvestment in oil and gas sector could cause market volatility
Abu Dhabi’s clean energy company will also develop 500 megawatt-hours of battery storage at sites across the country. Abu Dhabi’s clean energy company Masdar has signed a joint development agreement with Uzbekistan’s Ministry of Energy and Ministry of Investments, Industry and Trade to develop more than 2 gigawatts of solar and wind…
View More Masdar signs agreement for 2 gigawatts of solar and wind power projects in Uzbekistan
Abu Dhabi investment arm received nearly $29bn in proceeds during the year by monetising assets at strong valuations as assets swelled to $276bn. Mubadala Investment Company, Abu Dhabi’s strategic investment arm, said it invested Dh107 billion ($29.13 billion) last year across sectors and received proceeds of Dh106 billion ($29 billion)…
View More Mubadala invested more than $29bn in 2022 despite global economic headwinds
The move comes after the company recorded its highest ever profit. Emirates has announced a 24-week bonus for employees of over AED 10.6bn, the move comes following the announcement of the company recording its highest-ever profit of $3bn. Emirates airline in Dubai has announced a groundbreaking achievement with annual profits reaching…
View More Dubai’s Emirates announces $2.9bn bonus scheme for employees
GCC countries should allocate more capital to their energy transition and decarbonisation strategies to bolster climate action and sustainable development, the UAE’s Minister of Industry and Advanced Technology has said. Addressing the GCC Industrial Co-operation Committee and GCC Ministerial Committee for Standardisation meetings in Muscat on Thursday, Dr Sultan Al Jaber said these investments would…
View More UAE calls for higher decarbonization investment by GCC countries