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DMCC attracts 1,969 new firms to Dubai in 2019

DUBAI / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – registered 1,969 new companies in 2019, a signal of strong investor confidence in Dubai and the Authority’s position as one of the world’s most interconnected business districts. DMCC finished 2019 with the strongest Q4 registrations in four years. A ...

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Abu Dhabi fund grants $105mn for renewable energy projects

Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), on Sunday confirmed the allocation of approximately $105 million for eight renewable energy projects under the seventh cycle of its partnership with the International Renewable Energy Agency (Irena). The Irena/ADFD Project Facility announcement marks a record level of funding for any cycle since the Facility was launched and will ...

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Emirates Glass produces $49m worth of products

DUBAI / Emirates Business Emirates Glass, a subsidiary of Dubai Investments PJSC and one of the largest processors of flat architectural glass in the Middle East, announced that it has recorded manufacturing of more than 1,800,000sqm of glass products, valued at over AED 180 million ($49 million) during 2019. Recording a 10% rise in business as compared to the previous year, ...

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