Tag: UAE Business News
CBUAE issues new guidance to combat money laundering & terrorist financing
The Central Bank of the United Arab Emirates (CBUAE) has issued new instructions for its licensed financial institutions (LFIs) on transaction monitoring and sanctions...
Japan-based Monstarlab to acquire Dubai’s executive search firm ecap
Japan-based leading digital consultancy and software development company Monstarlab has entered into a deal to acquire Dubai’s executive search and human capital consultancy firm...
UAE’s Etisalat titled as world’s fastest mobile network for 2nd year
UAE-based multinational telecom services operator, Etisalat has retained its position as the world’s fastest mobile network for the second consecutive year.
The ranking was based...
Standard Chartered kick starts first green trade facility in UAE
British financial services company, Standard Chartered’s UAE branch has successfully inaugurated its first green trade finance facility to support Amplus Energy Solutions, a subsidiary...
UAE tops in FDI tourism projects, Bahrain in capital investments; Report
The UAE maintained the top destination position for tourism foreign direct investment (FDI) by number of projects into the Middle East and Africa (MEA)...
UBTECH’s Panda Robot to feature at China Pavilion in Dubai Expo...
Panda Robot, developed by UBTECH, a global leader in Artificial Intelligence (AI) and humanoid robotics, made its debut at the 2021 World Robot Conference...
Lulu Group joins with SirajPower to achieve its major green goals
Lulu Group, the region’s leading multinational retail conglomerate, has partnered with UAE's leading distributed solar energy provider, SirajPower on a significant solar initiative with...
ADNOC drilling proposes IPO of $10bn equity valuation
The UAE state-owned Abu Dhabi National Oil Company (ADNOC) has set a price for its drilling unit's initial public offering (IPO), giving it a...
