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    DMCC signs deal with Chinese entity to boost trade relations

    DMCC signs deal with Chinese entity to boost trade relations

    08 Jun 2023

    Dubai Multi Commodities Centre (DMCC) signed an agreement with the Administrative Committee of Beijing Daxing International Airport Economic Zone (BDIAEZ) that will see the two entities work together to establish...

    Elite Cars launches Dhs8m Zenvo hypercar

    Elite Cars launches Dhs8m Zenvo hypercar

    08 Jun 2023

    Inayat-ur-Rahman, Business Editor The Elite Cars Group, one of the leading multi-brand luxury car dealerships in the UAE becomes the authorised distributor of the Danish carmaker Zenvo Automotive - manufacturing...

    India’s CB keeps rate unchanged, retains GDP growth forecast at 6.5%

    India’s CB keeps rate unchanged, retains GDP growth forecast at 6.5%

    08 Jun 2023

    The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on the basis of an assessment of the current and evolving macroeconomic situation, on Thursday decided to keep...

    National Bonds and Emarat sign deal to enhance financial security

    National Bonds and Emarat sign deal to enhance financial security

    08 Jun 2023

    National Bonds has announced a new partnership with Emirates General Petroleum corporation (Emarat), aiming to enhance financial security for Emarat employees and their families in the United Arabic Emirates. In...

    Adnoc L&S awarded $975 million EPC contract for construction of offshore artificial island

    Adnoc L&S awarded $975 million EPC contract for construction of offshore artificial island

    08 Jun 2023

    Adnoc Logistics and Services plc, a global energy maritime logistics leader, announced today that it has been awarded a $975-million artificial island construction contract by Adnoc Offshore. As part of...

    OECD slightly raises world GDP growth forecast to 2.7 per cent

    OECD slightly raises world GDP growth forecast to 2.7 per cent

    07 Jun 2023

    The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a “long...

    MoIAT and EDGE launch Talk 4.0

    MoIAT and EDGE launch Talk 4.0

    06 Jun 2023

    The Ministry of Industry and Advanced Technology (MoIAT) and EDGE Group have jointly launched Talk 4.0, a new knowledge-exchange initiative to empower industrial leaders to adopt transformative technologies and sustainable...

    Australia CB warns of more hikes after raising rates to 11-year high

    Australia CB warns of more hikes after raising rates to 11-year high

    06 Jun 2023

    Australia’s central bank on Tuesday raised interest rates by a quarter-point to an 11-year high, and warned that further tightening may be required to ensure that inflation returns to target....

    Khalifa Fund, The Accounter to provide key financial services

    Khalifa Fund, The Accounter to provide key financial services

    06 Jun 2023

    Khalifa Fund for Enterprise Development has signed a Memorandum of Understanding with The Accounter, a UAE-based entity specialising in providing accounting and taxation solutions to SMEs via its innovative mobile...

    Dubai Chamber of Digital Economy attracts 30 tech startups during Q1

    Dubai Chamber of Digital Economy attracts 30 tech startups during Q1

    06 Jun 2023

    Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has unveiled details of its key achievements during the first quarter of 2023. The announcement underlines...

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