Tag: UAE Business News
Damac-backed Italian fashion brand Cavalli to build ultra-luxury skyscraper in Dubai
Cavalli, an Italian fashion brand, is collaborating with real estate developer Damac Properties to build a $545 million ultra-luxury skyscraper in Dubai.
In 2018, DICO...
CARS24 raises $340mn to expand its businesses in multiple markets
CARS24, one of the world's leading eCommerce platforms for pre-owned cars, has raised $340 million in Series F equity funding, driving the company's valuation...
UAE’s ADFD explores ways to boost bilateral relations with Georgia
Abu Dhabi Fund for Development’s (ADFD) Director-General Mr. Mohammed Saif Al-Suwaidi has discussed means of increasing bilateral relations between the two countries with the...
UAE has natural & infrastructural advantages to serve hydrogen in global...
The UAE has the foundations and competitive advantages to become one of the largest and lowest-cost producers of low-carbon hydrogen in the world, according...
UAE marks 62% hotel occupancy in H1 2021; Beats 10 other...
The UAE’s tourism sector recorded a 62 percent occupancy rate in the first half of 2021, outperforming 10 other major global tourism destinations including...
UAE’s eCommerce platform Joi Gifts raises $2.5mn to fuel its expansion...
Middle East’s largest online gifts platform Joi Gifts has raised $2.5 million in Series A venture capital funding from a group of Saudi and...
UAE’s Empower strikes deal with Mistubishi to boost district cooling industry
Dubai-based district cooling services provider Emirates Central Cooling Systems Corporation (Empower) has entered into a partnership with Japan-based Mitsubishi Heavy Industries Thermal Systems to...
Sheikh Mohammed issues decree to set up Dubai International Arbitration Centre
His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE,...
