DUBAI / Emirates Business Global trade enabler DP World has extended its partnership with Oracle to implement its digital transformation programme that supports its strategy to develop complementary sectors in the global supply chain such as industrial parks, free zones and logistics. The move follows an announcement by DP World earlier this year to use the Oracle Cloud Suite of ...

Bloomberg Dana Gas has reached an agreement with key holders of $700 million of its Islamic bonds to restructure the securities, seeking to end a legal battle. A committee representing sukukholders, including BlackR ock Inc and Goldman Sachs Group Inc, have agreed to terms that include two options for creditors, the company said in a statement. Dana Gas and creditors ...

Dubai / WAM The Dubai Department of Economic Development (DED), has issued 1,848 new business licenses during April as the emirate remained a destination of choice for investment in diverse business sectors. The ‘Business Map’ digital platform of DED saw 26,498 business registration and licensing transactions being completed during the month as economic diversification and competitiveness continued to strengthen the ...