Tag: UAE Business News
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...
ADNOC commits $245mn in CAPEX for strategic expansion
ADNOC Onshore, a subsidiary of the Abu Dhabi National Oil Company (ADNOC) made an investment commitment worth $245 million as it awarded two Engineering,...
DEWA simplifies Electric Vehicle charging: Introduces QR code
The Dubai Electricity and Water Authority (DEWA) now enable electric vehicle owners to charge them by just scanning a QR code.
DEWA announced today that...
UAE unveils anti-money laundering smart tool named ‘Fawri Tick’
The UAE has launched a smart anti-money laundering tool ‘Fawri Tick’ for coordinating Anti-Money Laundering (AML) and Countering Terrorist Financing (CFT) cases.
As part of...
Get your own cute robot at home; “Misa” retails in UAE...
UAE residents will be able to get their hands on a ‘personal robot’ from October 20.
The cute robot named “Misa” can handle the daily...
KIC paves the way for ambitious startups through its virtual...
Khalifa Innovation Centre (KIC) has announced that a total of 24 participants from 8 startups have entered the Virtual Innovation-Based Entrepreneurship Bootcamp.
The initiative aims...
AI for efficient transport: Dubai RTA runs pilot program
Dubai’s Roads and Transport Authority (RTA) is reportedly using Artificial Intelligence (AI) technologies, predominantly machine learning algorithms, to chart bus routes in the emirate...
The Emirates Coop allies with 3 major fulfillment services of GCC
The leading grocery and supermarket chain of Dubai Emirates Cooperative Society has made a strategic alliance with the online fulfillment service providers Talabat, Careem...
