Tag: UAE Business News
Abu Dhabi’s ADQ acquires 22% stake in regional logistics giant ARAMEX
One of the region’s largest holding company with a diverse portfolio of major enterprises ADQ has acquired nearly 22 percent of the issued share...
UAE Gift card market to touch $2bn in 2024
The UAE gift card segment will face a decline this year due to the pandemic spread but within four years it will grow up...
ENOC Group plans 40+ service stations by 2021
UAE’s leading integrated global oil and gas company, ENOC Group announced the launching of 40 new service stations by the end of next year...
UAE extends new frequencies to support 5G rollout
The UAE telecom operators can now expand their 5G services as the region's Telecommunications Regulatory Authority (TRA) availed a new frequency band to the...
UAE’s tallest restaurant to be opened in Ras Al Khaimah
UAE-based Puro will begin the operations of '1484’, a restaurant placed at the highest point in Ras Al Khaimah from October 1.
1484 by Puro...
Improving UAE-Israel ties boosts regional tourism sector
With the UAE and Israel normalizing ties, the tourism sector of both countries will be benefiting highly as analysts expect about 1.25 million people...
DIFC & DFF unite to design Dubai’s future
The Dubai International Finance Center (DIFC) has signed a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF).
The agreement between the leading global...
UAE allows movable assets as collaterals for bank loans
UAE companies’ especially small and medium-sized businesses can now secure bank loans by collateralizing the movable assets to meet the financial crisis due to...
