Tag: UAE Business News
DP World withdraws from Israel’s Haifa port privatization offer
Dubai-based largest port operator DP World has pulled out of a joint bid with an Israeli company to privatize Israel’s Haifa port, rejecting one...
UAE inks $15bn worth deals for 80 French-made Rafale warplanes
The United Arab Emirates signed a record $15 billion contract for 80 French-made Rafale warplanes and committed billions in other deals as President Mr....
UAE Ministry inaugurates 1st phase of ‘Khorfakkan West Ring Road’
UAE's Ministry of Energy and Infrastructure has inaugurated the first phase of the Khorfakkan West Ring Road, a development project connecting Maliha Road to...
ADQ, TAQA & Samruk-Kazyna unite to explore possibilities in energy sector
Abu Dhabi's largest holding company ADQ and Abu Dhabi National Energy Company (TAQA) have signed a long-term agreement with the sovereign wealth fund of...
UAE’s 1st drone delivery provider BARQ EV breaks 2 Guinness World...
BARQ EV, UAE's smart mobility solutions company, broke two Guinness World Records, by executing the longest flight of a drone for the delivery service...
CARS24 raises $20.4mn local debt funding from UAE’s CBD
CARS24, the leading Indian eCommerce platform for pre-owned vehicles has raised $20.4 million in local debt funding from the Commercial Bank of Dubai (CBD),...
Dubai-based delivery company iMile secures $40mn in Series A funding
Dubai-based delivery company, iMile announced a $40 million Series A financing round at a $350 million valuation.
This is the largest series A round by...
UAE unveils National Strategy for Cultural & Creative Industries
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai launched the National...
