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DP World, Rumo to build new grain and fertiliser terminal

02 Apr 2024

DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5 million tonnes a year of grains...

Microsoft Surface Innovation Hub launched at Redington Office in UAE

02 Apr 2024

Inayat-ur-Rahman , Business Editor Microsoft, in collaboration with leading technology distributor Redington, has inaugurated the Microsoft Surface Innovation Hub at Redington HQ in Dubai. “Redington has been at the forefront...

DFM witnesses large direct deal on Emirates NBD shares worth over Dhs100.5 million

01 Apr 2024

The Dubai Financial Markets (DFM) saw a large direct deal executed on the stock of the Emirates NBD. According to market data, the trade was executed on 5.7 million shares...

DLD establishes first phase of strategic partnerships with 9 realty developers

31 Mar 2024

Dubai Land Department (DLD), has initiated the initial phase of a sequence of strategic collaborations with nine developers to fortify the ‘Dubai Real Estate Programme.’ This endeavour underscores DLD’s dedication...

Taqa, JERA to build industrial steam and electricity cogeneration plant

30 Mar 2024

Abu Dhabi National Energy Company (Taqa), together with JERA Co, Japan’s largest power generation company, announced recently that they have entered into a Power and Steam Purchase Agreement with Saudi...

DFM announces new edition of Capital Market Summit in May

29 Mar 2024

Following the success of the inaugural MENA IPO Summit last year, Dubai Financial Market (DFM) is set to return with a bigger and more promising edition of its flagship event...

flydubai adds two destinations in Saudi Arabia

28 Mar 2024

flydubai, the Dubai-based carrier, has announced today the launch of services to two destinations in Saudi Arabia. This includes the resumption of flights to Al Jouf and the start of...

Dewa shareholders approve payment of Dhs3.1b in dividends

28 Mar 2024

Dubai Electricity and Water Authority (Dewa), reported that its shareholders have, in the general assembly held on Thursday, approved the payment of total dividend of Dhs3.1 billion with a record...

Alibaba Cloud opens centre in Dubai to boost digital skills

25 Mar 2024

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled the MEA region’s Alibaba Cloud Academy Training Centre, which will serve as a hub for customers and partners...

Emirates Steel Arkan to enhance efficiency

25 Mar 2024

Emirates Steel Arkan (ESA), one of the largest publicly traded steel and building materials manufacturers in the region, has signed an agreement with global technology company SAP to consolidate its...

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