Tag: UAE Business News
Mashreq Bank unites with Federal Bank to provide instant money transfers...
UAE’s leading financial institution Mashreq Bank has entered into a strategic partnership with the Indian commercial financial entity Federal Bank in order to promote...
UAE ranked among top 20 in global competitiveness indexes
Reports from 5 specialized global institutions revealed that the UAE is among the 20 leading countries in 13 global competitiveness indexes related to entrepreneurship...
DP World to begin development of Banana Port in Congo
Dubai-based global logistics company DP World is set to begin the development of the deep seaport at Banana following an agreement on amendments to...
UAE’s Etisalat raises $1.2bn via bond issuance
UAE-based multinational telecom services operator Etisalat announced that it raised $1.21 billion through the issuance of new euro-denominated bonds.
Etisalat said in a statement...
Emirates Post opens new facility in EZDubai to support eCommerce growth...
UAE's official postal operator and leading express provider Emirates Post has opened a 33,475 square feet new facility in EZDubai, the fully dedicated eCommerce...
UAE-based IHC’s subsidiary MMC buys stake in US digital media platform...
UAE-based International Holding Company's (IHC) subsidiary, Multiply Marketing Consultancy (MMC) has acquired a minority stake in American rideshare and taxi ad startup Firefly.
The agreement...
Abu Dhabi’s Senaat submits offer to merge Emirates Steel with Arkan
UAE's largest industrial investment holding company General Holding Corporation (Senaat) has submitted an offer to merge its wholly-owned subsidiary Emirates Steel with Arkan Building...
RAK Airport expands its presence in Egypt through “flyEgypt” agreement
Ras Al Khaimah has enhanced its connections with MENA’s most populous country, Egypt as the emirate's international airport, RAK Airport commenced commercial passenger operations...
