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UAE, Singapore boost trade

SINGAPORE / WAM A round-table meeting, organised by the UAE Economy Ministry and Executive Directors of 15 of the biggest investment companies in Singapore, was held on Tuesday. The meeting reviewed the importance of expanding economic relations between the UAE and the Republic of Singapore and the need to promote trade and investment establish strong strategic partnerships between the two ...

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Wadi.com’s record funding

Dubai-Riyadh / EMIRATES BUSINESS Wadi.com, the fastest growing e-commerce platform of the Middle East, has raised USD 67m with Al Tayyar Travel Group . The investment marks the largest series A funding in the tech history of the Middle East and will further accelerate the growth of the company. Wadi.com was started in 2015 by the Mideast Internet Group , ...

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RIU Hotels, Nakheel sign pact

PALMA DE MALLORCA/ WAM RIU Hotels & Resorts and Dubai master developer Nakheel have formally signed their business partnership agreement. Ali Rashid Lootah, Chairman of one of the Middle East’s biggest developers travelled to Mallorca to sign the joint venture agreement with Luis Riu, CEO of RIU Hotels. Thanks to this partnership, the chain’s first hotel in Dubai will become ...

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