Tue 21-03-2023 17:57 PM AJMAN, 21st March, 2023 (WAM) — The Ajman Chamber of Commerce and Industry and the Embassy of Cuba in the UAE discussed their joint economic and commercial cooperation and ways of highlighting available investment opportunities.The discussion took place during a meeting at the chamber’s headquarters between Salem Al Suwaidi, Director-General of...
Category: Business News
DMCC concludes six-month Impact Accelerator Programme
DUBAI, 21st March, 2023 (WAM) – DMCC, the flagship free zone and Government of Dubai Authority for commodities trade and enterprise, and Companies Creating Change (C3) have awarded AED 180,000 in cash prizes to three winners of the ‘DMCC Impact Scale-Up Programme Powered by C3’. The six-month programme supports the growth of impact-driven businesses that...
Tabreed’s shareholders approve another record dividend of 13.5 fils per share for 2022
DUBAI, 21st March, 2023 (WAM) — The shareholders of Tabreed, the UAE’s leading district cooling company, have approved a cash dividend payment of 13.5 fils per share for 2022. This represents the highest dividend payment to Tabreed shareholders in the company’s 25-year history and marks an increase of 1.5 fils per share on the 12...
DIFC announces launch of its venture building platform ‘DIFC Launchpad’
DUBAI, 21st March, 2023 (WAM) — Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today officially announced the launch of its venture building programme, ‘DIFC Launchpad’. The initiative seeks to develop a strong venture building model that promotes the growth of innovative start-ups...
ENEC signs MoU with Nuclearelectrica to collaborate on nuclear energy programme development
ABU DHABI, 21st March, 2023 (WAM) — The Emirates Nuclear Energy Corporation (ENEC) and Nuclearelectrica have announced the signing of a Memorandum of Understanding (MoU) for bilateral cooperation within the nuclear energy sector to support the growth of this critical energy source in tackling the dual challenges of energy security and climate change. The objective...
Sheraa, Alef Group team up to empower innovative F&B startups and SMEs
Tue 21-03-2023 16:00 PM SHARJAH, 21st March, 2023 (WAM) – Sheraa, the Sharjah Entrepreneurship Center, has partnered with Al Mamsha, an urban project by Alef Group, to provide a new initiative aimed at boosting the startup ecosystem in the UAE. This initiative is focused on F&B startups and SMBs, and selected applicants will be given...
Emirates Islamic launches cash back campaign to incentivise SME trade development in UAE
Tue 21-03-2023 15:09 PM DUBAI, 21st March, 2023 (WAM) — Emirates Islamic, a prominent Islamic financial institution in the UAE, has launched a cash back campaign called “Trade More, Earn More.” The campaign is designed to encourage small and medium-sized businesses (SMEs) to leverage the bank’s trade solutions suite for efficient import and export transactions....
ADIO-backed Access Abu Dhabi collaborates with Halcyon, U.S. State Department to host mission-driven startups ahead of COP28
ABU DHABI, 21st March, 2023 (WAM) — Halcyon, a Washington DC-based incubator, concluded a week-long programme in Abu Dhabi, in collaboration with Access Abu Dhabi, a programme supported by the Abu Dhabi Investment Office (ADIO), with a cohort of 28 founders representing the region’s most promising impact-driven businesses. The Access Abu Dhabi is open to...
Etihad Airways enhances interline, codeshare with six airlines making travel even easier
Tue 21-03-2023 14:07 PM ABU DHABI, 21st March, 2023 (WAM) — Etihad Airways has announced the launch of reciprocal interline partnerships with three new airline partners – Philippine Airlines (PAL), Austrian Airlines (OS) and Airlink South Africa (4Z), while re-launching interline links with Biman Bangladesh and codeshares with Air Seychelles (HM) and ITA Airways (AZ)....
Emirates NBD arranges Air Lease Corporation’s US$600 million inaugural sukuk
Tue 21-03-2023 13:19 PM DUBAI, 21st March, 2023 (WAM) – Emirates NBD has successfully priced a five-year US$600 million Sukuk for Air Lease Corporation (ALC), marking the first Sukuk issued by a US corporation. The strong demand for the Sukuk saw orders of over $2.2 billion, allowing ALC to increase the offering to $600 million....