Bloomberg For all it’s been a tough year for equities, food delivery stocks have had it much worse. Just Eat Takeaway.com NV and Delivery Hero SE are among the 10 biggest losers in the Stoxx 600 Index in 2022, both down more than 60%, and when Deliveroo plc is added, the combined market value losses stand at $30 billion. The ...
Read More »Dubai / Gulf Time dnata Representation Services, part of the dnata Travel Group, is growing its partnership with the Banyan Tree Group across Thailand as the country emerges as one of the most popular international travel destinations from the GCC countries this year. dnata Representation Services has acted as exclusive sales representative in the Middle East for the Banyan ...
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DUBAI / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, chaired the 71st meeting held virtually, with the participation of Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy. The meeting was attended by Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy; ...
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Fujairah / Gulf Time PAN Emirates Home Furnishings, the leading indoor, patio, and outdoor furniture brand in the region opens its newest store as the biggest standalone store in Fujairah as part of Pan Emirates’ expansion strategy to extend its reach and strengthen its presence in the region. The opening in Fujairah is meaningful as it is Pan Emirates’ ...
Read More »DUBAI / Gulf Time dnata Representation Services, part of the dnata Travel group, is growing its partnership with the Banyan Tree group across Thailand as the country emerges as one of the most popular international travel destinations from the GCC countries this year. dnata representation services has acted as exclusive sales representative in the Middle East for the Banyan ...
Read More »
Dubai / Gulf Time Concept Brands Group is a leading brand house of luxury products operating out of Dubai, UAE. Concept’s objective is to meet the requirements of all connoisseurs and brand conscious customers in the region. The company deals in luxurious products and ensures that it reaches the customers at very competitive prices. The main activities of the ...
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ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the restructuring of the Social Welfare Progarmme of low-income citizens into an integrated programme worth AED28 billion instead of AED14 billion. The move aimed at raising the annual social support allocation from AED2.7 billion to AED5 billion. The directive of President His Highness Sheikh ...
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Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said the comprehensive economic partnership agreements (CEPA) signed by the UAE with India, Israel and Indonesia in the first half of 2022 will help grow the national economy by 2.6 percent by 2030. In his statement to the Emirates News Agency (WAM), he ...
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Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) on Monday signed a memorandum of understanding (MoU) with GE Digital to accelerate the digital transformation of the emirate’s manufacturing sector by leveraging innovative solutions to strengthen the UAE’s position as a global hub for the Fourth Industrial Revolution (Industry 4.0). The agreement was signed by Sameh ...
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Bloomberg After a dismal first six months, things are finally looking up for initial public offerings in Hong Kong as several large Chinese firms line up to list in Asia’s financial hub in the second half. Battery materials producer Tianqi Lithium Corp just opened its books for what is set to be the city’s first billion-dollar deal this year while ...
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