Tag: UAE Business News
UAE-based Modon grants $535mn infra deals for Riyadh City Project
UAE-based Modon Properties has awarded the infrastructure development contracts for phases three and four of Riyadh City South worth $525 million in partnership with...
Dubai Islamic Bank reports $571.7 Mn net profit for H1 2020
UAE's largest Islamic bank, Dubai Islamic Bank (DIB) has reported a net profit of $571.73 million for the first half (H1) of 2020, a...
Dubai Customs and DIFC partner to aid investors in EX-IM initiatives
Dubai's Customs Department signed a strategic memorandum of understanding (MoU) with the Dubai International Financial Centre (DIFC) to improve collective relations between government agencies...
Emirates NBD rings opening bell at Nasdaq Dubai to mark bond...
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, rang the market-opening bell at Nasdaq Dubai to celebrate the listing of...
ADQ and ADNOC create JV; Will invest mutually in chemical projects
The Abu Dhabi National Oil Company (ADNOC) and ADQ a state-owned holding company have entered a Joint Venture (JV) agreement to create a new...
Dubai Economy and DP World unite to promote 80+ eCommerce startups
Dubai's Department of Economic Development (DED or Dubai Economy) and Dubai-based logistics company DP World have come together to support and allow more than...
UAE is 1st on UN’s global telecom index
According to the UN E-Government Survey 2020, the United Arab Emirates (UAE) has been ranked first in the Arab region and seventh globally in...
UAE Debit/Credit Card Fraud; Central Bank issues warning
UAE's central bank (CBUAE) has warned UAE banking consumers of the increased number of fraudulent activities observed since the spread of novel coronavirus pandemic...
