ABU DHABI/WAM Noatum Logistics, an AD Ports Group company and a leading logistics provider, has announced the launch of its new rail logistics solution for the Middle East region. The new service, which complements Noatum Logistics’ integrated regional portfolio of freight forwarding products leveraging land, sea, and air transport, was inaugurated with the launch of its first rail shuttle service ...

ABU DHABI/WAM National banks boosted their investments in local stock markets by AED4.4 billion over 12 months, according to the latest statistics from the Central Bank of the UAE (CBUAE). According to Central Bank statistics, national banks raised their equity investments to AED16.1 billion at the end of May, a year-on-year (YoY) increase of 37.6 percent compared to AED11.7 billion ...

DUBAI/WAM The Dubai Multi Commodities Centre (DMCC) and the global crypto exchange Bybit have launched their second joint hackathon with US$100,000 on offer for the most innovative Web3 businesses. This latest hackathon follows the success of their first edition in November 2023, which focused on innovations across Web3, including artificial intelligence (AI), gaming, and information security. Applications for the second edition ...