Tag: UAE Business News
Microsoft to support the digital transformation of UAE’s Arada
UAE’s fastest-growing property developer, Arada has partnered with American multinational technology company Microsoft to accelerate its digital transformation and improve experiences for its customers...
ADNOC awards $318mn worth EPC contract to link smart wells at...
UAE's state-owned oil company, Abu Dhabi National Oil Company (ADNOC) will invest up to $318 million (AED1.16 billion) to link newly drilled smart wells...
Emirates, Flydubai expand Dubai’s connectivity; Offers more travel options
The largest airline in the UAE, Emirates, and Dubai's budget airline flydubai will have a combined network of 168 destinations by the end of...
Crypto assets have strong demand in UAE; YouGov survey
The UAE is showing a strong appetite for cryptocurrencies with nearly one in four respondents believing digital assets provide exciting investment opportunities, as per...
Etihad Rail joins with Transportr to develop digital logistics services
UAE’s national railway network Etihad Rail has signed an agreement with the leading company in digital freight services, Transportr in order to develop integrated...
Dubai fintech firm Mamo raises $8mn in Pre-Series A round
Dubai-based fintech, digital wallet, and payments platform Mamo has raised $8 million in a pre-Series A funding led by Global Ventures, along with the...
UAE FCCI unites with Moldovan Chamber of Commerce to set up...
UAE Federation of the Chambers of Commerce and Industry (FCCI) and Moldova’s Chamber of Commerce and Industry have signed a Memorandum of Understanding (MoU)...
UAE’s FDI inflow grew 44.2% to reach $19.88bn in 2020
The foreign direct investment (FDI) to the UAE surged 44.2 percent to reach nearly $19.88 billion in 2020, despite the pandemic which disrupted the...
