Dubai / Gulf Time Deyaar Development PJSC (Deyaar), one of the leading real estate developers and service providers in Dubai, has announced its intention to launch a trio of new projects in Al Furjan worth approximately AED300 million. The three projects will comprise residential units and hotel apartments and will include approximately 400 diverse units consisting of one, two ...
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Adib receives e-marketplace champion award
Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) has received the e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace TradeAssets. With TradeAssets platform, Adib has secured 130 deals with total value of over $128 million till date and 11 banks from Bangladesh. Abdulla Shehhi – Global Head International Business Group (IBG), at Adib, said, ...
Read More »AstraZeneca, G42 unit partner to manufacture drugs in Abu Dhabi
Abu Dhabi / WAM Building on the ongoing efforts of the Department of Health – Abu Dhabi (DoH) in spearheading Abu Dhabi’s healthcare ecosystem, AstraZeneca, a science-led biopharmaceutical company, and G42 Healthcare, an AI-powered healthcare company, signed a strategic partnership agreement to locally manufacture innovative drugs in Abu Dhabi. The binding agreement focuses on collaboration in four key areas including ...
Read More »InfraX signs deal with UnaBiz to enhance disruption in IoT space
Dubai / WAM InfraX, a subsidiary of Digital Dewa, has signed a memorandum of understanding (MoU) with UnaBiz, Massive IoT service provider and the new owner of Sigfox 0G technology. Rashid Al Ahmedi, COO of InfraX, and Phillippe Chiu, Co-Founder and Co-CEO of UnaBiz, signed the MoU, which will pave way for joint collaborations between the parties that will see ...
Read More »2,000 global business executives, investors to attend Dubai summit
DUBAI / WAM As the 2022 World Cup in Qatar united the world to the Middle East, nearly 2,000 global business executives and investors will attend the World Corporate Summit in Dubai to share the vision of improving the world through business. Held in Dubai from November 21 until December 15 at the Palace Downtown Hotel, this record-breaking mega ...
Read More »Momentum Group set to foray into Dubai market
Dubai / Gulf Time After having firmly entrenched itself the world over Momentum Group is all set to foray in the multicultural cosmopolitan Dubai market which is synonymous with the posh shopping malls, penthouses and where the real estate and tourism activity is fast returning to normal. The three-decade old group under the able guidance of Gamal El Hakim ...
Read More »Adib gets e-Marketplace Champion Award
Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) received the e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace TradeAssets. With TradeAssets platform, Adib has secured 130 deals with total value of over $128 million till date and 11 banks from Bangladesh. Abdulla Shehhi – Global Head International Business Group (IBG), at Adib, said, “Adib ...
Read More »ALC launches ‘Scan and Learn Arabic’ smartphone app
Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has helped develop an innovative new app that encourages adoption and mastery of the Arabic language. The ‘Scan and Learn Arabic’ app, launched in collaboration with Abu Dhabi’s Department of Community Development (DCD) and Department ...
Read More »Asian bourses join top race to tap carbon offset boom
Bloomberg The drive to launch new carbon exchanges in Asia has reached new heights with Malaysia entering the fray, raising questions about how many will survive in a market that could be worth hundreds of billions in a few decades. Bursa Malaysia Bhd opened an exchange this month, joining more than a dozen that are under way or planned ...
Read More »India’s unemployment rate climbs in December
Bloomberg India’s unemployment rate in December climbed to its highest point since a nationwide pandemic lockdown, as the country struggles to produce enough jobs to absorb a growing workforce. The joblessness rate in the first three weeks of December was over 8% of the available labour force, Mahesh Vyas, head of the Centre for Monitoring Indian Economy Pvt Ltd, ...
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