Wednesday 26 February 2020

UAE-Russian Business Forum seeking to enhance strategic ties

The UAE-Russian Business Forum held in Sharjah and organised by the Sharjah Economic Development Department, SEDD, in cooperation with the Ministry of Energy and Industry, discussed ways to enhance the strategic partnership between the two countries and focused on the importance of benefiting


Bahrain 'offers best ecosystem for start-ups'

Bahrain’s developing startup ecosystem was discussed at the Bahrain British Business Forum (BBBF) which was yesterday (February 18) held at the Diplomat Radisson Blu Hotel, in Manama, Bahrain. The meeting was chaired by the BBBF chairman Khalid Al Zayani OBE, who welcomed t


Brazilian trade surplus with Arab states up 51.8pc in January

Brazil's trade surplus with Arab countries in January 2020 went up 51.82 per cent to $624.15 million, compared to the same month in the previous year, said an Arab-Brazilian Chamber of Commerce (ABCC) report. Saudi Arabia, Egypt, and the UAE remained the top importers of Braz


Dubai Chamber highlights advantages of UAE FDI law

Dubai Chamber of Commerce and Industry recently organised a workshop titled ‘Key Aspects of Foreign Direct Investment’, to help the private sector to understand the UAE FDI Law. Organised in collaboration with international law firm Clyde & Co, the workshop raised


DAE announces 2019 revenue at over $1.4bn

Dubai Aerospace Enterprise (DAE), one of the largest aircraft leasing companies in the world, has posted revenues of $1.421 billion during 2019, as against revenue of $1.436 billion posted during the previous year. Other highlights of the announcement include: &bul


Digital convergence, process automation to boost profits

Today, devices of all kinds across the Oil & Gas industry are equipped with intelligent sensors that gather data.    Since these devices are connected, they send the data forward to a repository like the cloud, and the data is then correlated and analys


Workz Group launches new Z-IoT device management platform

Dubai-based Workz Group, a leading mobile security and IoT solutions provider, has launched its new Z-IoT device management platform, to enable businesses to streamline operations. The platform aims to address the growth of demand to connect IoT devices as more businesses seek to


Kale Logistics to play key role at Air Cargo India

Kale Logistics Solutions, a provider of IT solutions for the global logistics industry, is all set to play a key role at the Air Cargo India, to be held next week in Mumbai, India. The event, an annual event to facilitate knowledge sharing and setting new benchmarks for the air c


France to field 19 firms at Middle East Energy

A total of 19 companies will be exhibiting on the French pavilion organided by Business France at the Middle East Energy (formerly Known as Middle East Electricity) running from March 3 to 5 at Dubai World Trade Centre. This event is positioned as a global energy event bringing t


Ten largest unicorns in the world worth close to $550bn

When the term unicorn emerged back in 2013, there were no more than forty private companies with a market valuation of one billion dollars in the world. Over the last seven years, the number of these financial giants enlarged 15 times and jumped to nearly 600 in 2020.  

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