Business & Money | Wednesday 29 May, 2024 12:32 pm

Sharjah SME Ruwad attracts 109 new projects in Q1 2024

Sharjah SME Ruwad, affiliated with the Sharjah Department of Economic Development (SEDD), announced that 109 new projects have joined its membership during the first quarter of 2024, while it approved financing two pilot projects with a total value of AED550,000. The results of the quarterly...

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Business & Money | Wednesday 29 May, 2024 12:16 pm

Abu Dhabi Exports Office showcases financial solutions at 'Make it in the Emirates Forum'

Mohamed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development and Chairman of the Executive Committee of the Abu Dhabi Exports Office, emphasised that the office is leveraging all available resources and financing to support UAE companies. This effort aims to facilitate the global ...

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Tourism & Hospitality | Wednesday 29 May, 2024 12:09 pm

UAE-Korea Business and Investment Forum in Seoul strengthens bilateral trade, investment ties

Today saw the conclusion of the UAE-Korea Business and Investment Forum, held in Seoul, Korea, on the sidelines of the official visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Republic of Korea, heading a high-level UAE delegation. In the presence of Dr. Thani bin...

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Business & Money | Wednesday 29 May, 2024 12:07 pm

Dubai Industrial City launches 13.9 million sq.ft. expansion to strengthen UAE manufacturing sector

Dubai Industrial City has officially launched 13.9 million sq.ft. of additional land capacity within its ecosystem. The additional land capacity at Dubai Industrial City, part of TECOM Group PJSC, was acquired through a AED410 million transaction that aims to champion and strengthen local...

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Tourism & Hospitality | Wednesday 29 May, 2024 12:04 pm

Dubai International Chamber to strengthen business partnerships in Senegal and Morocco

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, is embarking on a trade mission to Senegal and Morocco from 3rd to 7th June. The African roadshow is part of the ‘New Horizons’ initiative, which supports expanding Dubai-based businesses ...

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Business & Money | Wednesday 29 May, 2024 11:54 am

Sure inks SAR 13.9M supply chain development contract with Commerce Ministry

Sure Global Tech Co. signed a contract worth SAR 13.86 million (VAT inclusive) for a project to diversify and develop commodity supply chains with the Ministry of Commerce, in cooperation with the General Authority of Foreign Trade (GAFT), according to a statement to Tadawul. Under the...

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Business & Money | Wednesday 29 May, 2024 11:50 am

GAS signs 2 contracts worth SAR 761M with Aramco

GAS Arabian Services Co. (GAS) signed on May 29 two contracts with Saudi Arabian Oil Co. (Saudi Aramco) at a total value of SAR 761 million. In separate statements to Tadawul, GAS said the first engineering, procurement and construction (EPC) contract is for work on the Master Gas System...

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Business & Money | Wednesday 29 May, 2024 11:41 am

Ajman Department of Finance Strengthens Partnership with Ajman Transport Authority via the “Tawreed” Platform

Ajman Department of Finance has signed a service provision agreement with the Ajman Transport Authority as part of the commitment to fostering an investment-friendly environment that promotes economic growth and sustainable development in the emirate.  The agreement will enable the...

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Technology & IT | Wednesday 29 May, 2024 11:39 am

DXC Technology Opens New Office in Riyadh

 DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has announced the launch of a new office space in Riyadh, Saudi Arabia.  The purpose-designed facility, sets a blueprint for organizations looking to create a hybrid modern workplace in the...

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Technology & IT | Wednesday 29 May, 2024 11:36 am

SAMI-AEC signs cooperation agreement with NUPCO

SAMI Advanced Electronics Company (SAMI-AEC), a wholly owned subsidiary of SAMI, the Kingdom's foremost defense and digital solutions provider, signed a cooperation agreement with the National Unified Purchasing Company (NUPCO), a PIF company, on May 27, 2024. The agreement aims to provide...

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