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Dubai Entertainment is golden sponsor for China Visitors SummitDubai Entertainment Holdings has joined the China Visitors Summit or CVS Middle East (September 5-6), taking place in Uptown Dubai, as a golden sponsor, as part of which they will host all 120 participating Chinese buyers for a day of adventures at Real Madrid World and a dinner reception at La More… |
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Vertiv expands single-phase UPS portfolioVertiv, a provider of critical digital infrastructure solutions, has introduced 1kVA to 3kVA capacities of the Vertiv Liebert GXE, an online double conversion, single-phase uninterruptible power supply (UPS) for 230V applications. With the addition of the new More… |
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Sharjah and Tunis chambers to enhance ties in exhibition sectorA delegation from the Sharjah Chamber of Commerce and Industry (SCCI) and Chamber of Commerce and Industry of Tunis (CCIT) along with several economic institutions and entities of Tunisia, discussed ways to enhance initiatives in emerging economic sectors and boost cooperation with private sect More… |
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Borouge consortium in deal to build polyolefins complex in ChinaBorouge, a leading petrochemicals major said its consortium with Abu Dhabi National Oil Company and Austrian group Borealis has signed an agreement with Wanhua Chemical and Wanrong New Materials to build a speciality polyolefins complex in China. The proposed More… |
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Dubai Islamic posts solid H1 growth; net profit up 8.6%Dubai Islamic Bank (DIB) has registered solid growth for the first six months with the group's net profit surging 8.6% YoY to hit AED3.38 billion ($920 million), while its total income rose to AED11.2 billion ($3.04 billion) from last year's figure of AED9. More… |
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stc Group net profit up 7.7pc in H1; revenue hits $10.2bnLeading Saudi telecom group stc has recorded solid results for the first half of 2024 with data indicating a 4.79% increase in revenues compared to the same period of the previous year, reaching SAR38.25 billion ($10.2 billion). Announcing its preliminary fina More… |
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FedEx appoints Al-Mubarak as MD Saudi Arabia OperationsFederal Express Corporation, the world's largest express transportation company, has appointed Abdulrahman Al-Mubarak as its new Managing Director Operations of Saudi Arabia. Based in Riyadh, Al-Mubarak holds a regional role in the Middle East and is More… |
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Dubai Chamber members' exports, re-exports rise 6.7pc to $40bnThe value of Dubai Chamber of Commerce members’ exports and re-exports during H1 2024 hit AED145.9 billion ($40 billion), a YoY growth of 6.7%. A total of 372,720 certificates of origin were issued during the six-month period, representing YoY grow More… |
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ECI calls on exporters to capitalise on its Xport XponentialEtihad Credit Insurance (ECI), the UAE Federal export credit company, is calling upon UAE-based companies to capitalise on its groundbreaking initiative, ‘Xport Xponential’, aimed at expanding their footprint in global markets. This initiativ More… |
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Phoenix Group plc expands global mining capacityPhoenix Group, a leading multi-billion-dollar tech conglomerate listed on the Abu Dhabi Securities Exchange (ADX), has unveiled its new 25-megawatt mining facility in Willamette, South Carolina, US. This significant expansion introduces an additional 1 e More… |
