Tag: UAE Business News
UAE all set to bring up 50,000 new millionaires by 2025:...
The UAE is currently in a position to add 50,000 new millionaires between 2020 to 2025, nearly a 22 percent increase in the five...
UAE’s Tawazun, Yahsat join to establish satellite technology company
UAE’s Tawazun Economic Council (Tawazun) has signed a Memorandum of Understanding (MoU) with the region’s flagship satellite services operator, Yahsat, to establish a new...
CBUAE, Hong Kong Monetary Authority unite to boost fintech cooperation
The Central Bank of the UAE (CBUAE) has signed a memorandum of understanding (MoU) with the Hong Kong Monetary Authority (HKMA), to enhance collaboration...
Russia’s Kalashnikov seeks Gulf JVs; Unveils AK-19 at IDEX 2021
Russia’s leading arms manufacturer Kalashnikov is seeking joint ventures in the Gulf region after the firm announced that it is expecting to raise its...
UAE-Israel cultural synergies to boost F&B trade; Industry experts
Israeli industry executives have stated that the cultural synergies between the UAE and Israel will provide great possibilities for food and beverage (F&B) trade...
UAE’s Majid Al Futtaim unites with blockchain-based IBM food trust for...
UAE-based retail conglomerate Majid Al Futtaim (MAF) has joined the IBM Food Trust, a blockchain-enabled global ecosystem for the food industry run on IBM...
UAE’s online F&B sales touch $412mn in 2020: Analysis
The Dubai Chamber of Commerce and Industry has released a new analysis which reveals online sales in the UAE’s food and beverage market has...
UAE unveils its self-made family of smart loitering drones
UAE's largest defense conglomerate, EDGE has introduced smart loitering drones at International Defense Exhibition and Conference (IDEX 2021) as the country continues to improve...
