Tag: UAE Business News
Emirates NBD doubles foreign ownership limit to attract global investment
UAE's biggest banking group Emirates NBD has declared that the bank has received necessary clearance and approval to double its foreign ownership limit (FOL)...
UAE firms seriously hit by COVID-19; HSBC Survey
Many UAE companies are facing challenges caused by the coronavirus pandemic, and are expected to make certain operational changes to overcome the impact of...
Dubai’s external food trade tops $8.71bn in H1 2020
The Customs Department of Dubai revealed that the region's external food trade in the first half of the year totaled nine million tonnes, representing a...
Etihad and Boeing spearhead innovation with ecoDemonstrator 2020
Etihad Airways and Boeing collaborate on the seventh iteration of the ecoDemonstrator program to test innovative technologies in the air this August, building on...
Dubai-based SirajPower bags $50mn deal with APICORP
Dubai-based renewable energy firm SirajPower has signed a $50 million long-term non-recourse credit facility with distributed solar power generation from Arab Petroleum Investments Corporation...
UAE’s Mubadala pivots to health-tech with Strata Aerospace Unit
Strata, the aerospace manufacturing subsidiary of Mubadala Investment Company, is looking to diversify into the health technology market, as the COVID-19 pandemic boosts demand...
Sheikh Hamdan unveils happiest govt dept in Dubai government
Sheikh Hamdan in Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council reviewed and announced the results of...
Ras Al Khaimah empowers eCommerce Industry with progressive policy changes
Ras Al Khaimah's Economic Zone (RAKEZ) has extended the activities under its e-commerce license and launched new set-up packages to support the entire e-commerce...
