Tag: Dubai
DP World reports 10.7% gross volume growth in Q2
Staff Report
Dubai - DP World Limited handled 34 million TEUs across its global portfolio of container terminals in the first half of 2017, with...
Drone to deliver products, food in the UAE soon
Abdul Basit
Dubai - In line with Emirate of Dubai’s efforts to become the world’s smartest city by the end of 2017, Eniverse Technologies –...
Lulu Exchange acquires Al Falah Exchange, reveals strategic expansion plans
Abdul Basit
Dubai - Lulu Exchange, the leading foreign exchange and remittance company, on Tuesday announced that it has entered into an agreement to acquire...
Du reports Dh3.2 billion revenues in Q2
Abdul Basit
Dubai: Dubai telecom operator Emirates Integrated Telecommunications Company, known as du, on Tuesday reported a 0.3 per cent rise in second-quarter profit to...
DubaiPay generates Dh12 billion through over 10 million transactions
Staff Report
Dubai - Statistics announced by Smart Dubai revealed that its DubaiPay portal for payment online and via smartphones registered a 15 per cent...
Al Mazaya Holding reports KWD4.17m profit for H1 2017
Staff Report
Dubai - Al Mazaya Holding has announced its financial statements for H1 2017, posting KWD 4.17 million in net profits, against KWD 4.14...
Middle East deal activity picks up in Q2
Staff Report
Dubai - Despite a backdrop of continued political turbulence, cross-border dealmaking held steady globally in Q2 2017, with the Middle East seeing a...
Emirates NBD debuts FaceBanking in UAE
Staff Report
Dubai - Emirates NBD on Sunday launched FaceBanking, a first-to-market service that will offer the bank’s customers instant video and live chat with...
MENA needs $200bn investment in renewable sector: MEED
Staff Report
Dubai - The Middle East and North Africa (Mena) region is embarking on an unprecedented programme to develop renewable energy, with more than...
Dubai to issue commercial licence in 5 minutes
Staff Report
Dubai - The Business Registration and Licensing (BRL) sector in Dubai Economy has launched the “Instant Licence” initiative that enables businessmen and investors...
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