Business & Money | Sunday 1 September, 2024 10:18 am

du and Paltel forge partnership to establish new express route between UAE and Palestine

 du, from Emirates Integrated Telecommunications Company (EITC), and Palestine Telecommunications Company (Paltel), have officially inked the du-Pal Express Route Agreement. This initiative aims to construct an express link between the two countries, catering to escalating market demands with...

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Business & Money | Sunday 1 September, 2024 9:54 am

Cityscape Egypt’s 13th Edition to be Held Under Ministry of Housing Patronage with PRE and Roya Developments as Gold Sponsors

Cityscape Egypt, the leading real estate event, will host its 13th edition from September 25 to 28, under the esteemed patronage of the Ministry of Housing, Utilities, and Urban Communities. This year, Cityscape is also honored to have PRE Developments and Roya Developments as its Gold...

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Business & Money | Saturday 31 August, 2024 5:13 am

ADX logs AED1.86 billion in ETF trading Jan-Aug 2024

The Abu Dhabi Securities Exchange (ADX) has recorded significant value and volume of trading in exchange-traded funds (ETFs) since the beginning of this year, making it the most active and liquid ETF market in the Middle East and North Africa (MENA) region. According to data obtained by the...

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Business & Money | Saturday 31 August, 2024 5:11 am

ADFW 2024 to feature industry titans across 50 events

Under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, the third edition of Abu Dhabi Finance Week (ADFW), the flagship financial event of the MEASA region hosted by ADGM, unveiled today an extravagant plan...

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Business & Money | Saturday 31 August, 2024 5:10 am

DMCC announces 21% increase in registered Colombian companies

The Dubai Multi Commodities Centre (DMCC) has announced a 21% rise in the number of companies joining from Colombia since the start of the year. The growth means DMCC is now home to 23 companies from Colombia, and over 150 companies from across South America. Alongside the announcement, DMCC...

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Business & Money | Saturday 31 August, 2024 5:05 am

NMDC Group’s IPO of NMDC Energy oversubscribed within hours of Day 1

NMDC Group – P.J.S.C. (ADX: NMDC) announced today that the Initial Public Offering (IPO or Offering for 1.15 billion shares (Offer Shares) in its wholly owned subsidiary, NMDC Energy – P.J.S.C. (NMDC Energy) has been oversubscribed within hours of the first day of its subscription...

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Business & Money | Saturday 31 August, 2024 4:55 am

RAKEZ continues to empower businesses with key sales strategy session

Ras Al Khaimah Economic Zone (RAKEZ) recently hosted an interactive session on enhancing sales strategies titled “Sales Models to Drive Growth”. The event, held at RAKEZ Compass Coworking Centre, drew business leaders and sales professionals from the economic zone’s business community eager...

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Business & Money | Saturday 31 August, 2024 4:53 am

Jebel Ali Port hits new monthly container handling record

DP World's Jebel Ali Port set a new monthly container throughput record in July, handling 1,400,000 TEUs (Twenty-Foot Equivalent Units) and topping its previous high set in 2015. This follows a strong performance in the first half of 2024, with the port handling 7.3 million TEUs, up 3.9...

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Business & Money | Saturday 31 August, 2024 4:42 am

Nvidia greatly impacts markets much like Fed: Analyst

Whatever US chipmaker Nvidia does greatly impacts markets just like the Federal Reserve, Mohamed El-Erian, economist at Allianz, said on his X account.   He added that "don't fight the Fed" has long been a common mantra in capital markets. However, market chatter these days suggests...

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Business & Money | Saturday 31 August, 2024 4:39 am

Monsha'at: 56 brands mull granting franchises in Saudi Arabia

Small & Medium Enterprises General Authority (Monsha'at) stated that 56 companies are exploring the possibility of granting franchises following the second round of the Saudi government's franchise program. The move aims to enhance growth and expand investment opportunities for companies...

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