Tag: UAE Business News
Australian FinTech Zip acquires remaining stake in UAE-based Spotii
Australia-based global buy-now-pay-later platform Zip has acquired Dubai-based Spotii for $16.25 million, as the demand for installment payments on eCommerce transactions continue to expand...
EGA reveals new corporate purpose to make modern life possible
One of the world’s largest aluminum producers, Emirates Global Aluminum (EGA) has revealed its new corporate purpose which is Together, innovating aluminum to make...
UAE Startup Rizek raises $10mn in Series A funding for expansion
UAE-based “super app” for on-demand home services, Rizek has raised $10 million in a round of Series A funding in order to broaden its...
Etisalat to expand its services with new data center ‘SmartHub Kalba’
UAE-based multinational telecom services operator Etisalat has disclosed the opening of a third SmartHub location in Kalba, complete with a state-of-the-art Tier 3 data...
Etihad Credit Insurance issues credit guarantees to help local businesses
UAE’s Federal Export Credit Company, Etihad Credit Insurance (ECI) has issued 3,605 revolving credit guarantees worth $620 million to assist local businesses in increasing...
Made in UAE; World’s largest superyacht ‘Majesty 175’ unveiled in Dubai...
One of the world’s leading shipbuilders, Gulf Craft has launched Majesty 175, the world’s largest composite production superyacht at Dubai Harbor.
The Majesty 175 is...
UAE MoF, Dubai SME join forces to promote entrepreneurs & SMEs
UAE Ministry of Finance (MoF) and Dubai SME, an integrated division of Dubai Economy have signed a Memorandum of Understanding (MoU) to support the...
UAE’s Arada awards $49mn worth contract to build ‘The Boulevard’ at...
UAE’s leading master-developer Arada has awarded the construction contract to build The Boulevard, a luxurious residential complex at its Sharjah mega-community Aljada.
The $49 million...
