Top officials at the groundbreaking ceremony in Dubai on Sunday.
The Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of the Dubai Authority on commodities trade and enterprise, inaugurated its 2019 international roadshow under its Made For Trade Live umbrella in Edinburgh, Scotland followed by London, where it discussed the advantages of doing business in Dubai through the DMCC.
The UAE’s Foreign Exchange and Remittance Group (FERG) held the third edition of its annual Anti-money laundering (AML) & Operations Heads conference at the Steigenberger Hotel in Dubai on Sunday. Attended by over 170 representatives from 65 exchange houses, the conference highlighted pressing issues related to AML, risks, measures, and solutions associated with the effective operations
The second Pakistan Remittance Summit held in Dubai with the aim of discussing the innovative ideas to increase the remittance to Pakistan and discourage the illegal mode of money transfers like Hawala, Hundi and others causing 8 to 9 billion dollar loss to Pakistan economy annually. The summit held in a local hotel had attended by the representatives Pakistani banks operating in the UAE, officials
According to a recent study by PayFort, the GCC’s online retail revenues are expected to reach $69 billion by 2020. “The UAE leads the way regionally in terms of online sales, with 62 percent of citizens now shopping online, and annual sales expected to reach US$23.7 billion by 2022.” This was stated by Mauro Romano, CEO, ArabClicks, during an exclusive interview with Gulf Today.
Sensex and Nifty ended lower on Thursday after advancing for four consecutive sessions as investors took to profit booking. Investors also treaded with caution ahead of Q4 results from index heavyweight Reliance Industries. Jet Airways was in the spotlight throughout the day over its steep fall.
A senior delegation from Investcorp, a leading global provider and manager of alternative investment products, led by Executive Chairman, Mohammed Alardhi, has successfully concluded a tour of four vibrant emerging Asian economies. The visit comes as the Firm’s Asian based investors’
OPPO—a leading global smartphone brand—has officially launched its newest smartphone series, Reno, in the Middle East. The company selected Dubai as the location for the premium series’ first international launch, emphasising the strategic importance of the region to OPPO’s global brand strategy.
Amazon.com said it would shut its China online store by July 18, as the US e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s marketplace