Sheikh Hamdan’s remarks came during a meeting with Pavel Durov, Founder and CEO of Telegram. Globally headquartered in Dubai, Telegram is valued at more than $20 billion, and has more than 570 million users, out of which 100 million were acquired in January alone.
A recent report by the Business Registration & Licensing (BRL) sector of Dubai Economy shows that the Naif locality in Dubai has over 12,478 active operating business licences. Of these, 86% of the licences are commercial (10,702), followed by professional (1,578), tourist and industrial licences.
Sami Al Qamzi, Director General of Dubai Economy, and Michael Punke, Vice President of Public Policy at Amazon Web Services, held discussions on developing co-operation frameworks
"The Dollars, Dirhams and Our Two Financial Cents" podcast series has been designed to share advice and tips on current trends - from experts on wealth creation, planning and preservation - with anyone who wants to be more financially savvy.
Aramex announced its financial results for the first half ending 30th June 2022. The company reported revenues of Dhs2.97 billion, while the net profit stood at Dhs91.9 million.
The Board of Trustees of the Sharjah Award for Public Finance — the first of its kind in the Arab world has announced the launch of the second cycle of the award,
Abu Dhabi National Oil Company (Adnoc) announced on Thursday a $1.17 billion (Dhs4.3 billion) contract for the hire of 13 self-propelled jack-up barges to drive offshore