Recent Posts

ADGM, Yes Bank sign agreement to advance FinTech opportunities

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and YES BANK have signed a Memorandum of Understanding (MoU), to further foster cross-border exchange between the FinTech (Financial technology) ecosystems of the UAE and India. The collaboration will enable fintech innovators from the Middle East region and India to apply into YES FinTech ...

Read More »

Airbnb revenues up 421% in Dubai

Dubai / Emirates Business Revenues for properties listed on the online marketplace and hospitality platform, Airbnb, in Dubai during August 2015 and August 2017 increased by 421 percent to top $3.3million in August 2017, with listings nearly tripling to 3,249. The relaxation of rules, effectively making it possible for home owners and tenants to cut out the middleman and list ...

Read More »

6,303 factories in UAE running investments of AED103 billion

Abu Dhabi / WAM Up to 6,303 factories have been running investments worth more than AED103.1 billion in the UAE until the end of 2016, a top Ministry of Economy official told Emirates News Agency (WAM). “The food and beverage industry accounts for 30 percent of the total volume of the country’s industrial sector followed by the primary mineral industries ...

Read More »
Send this to a friend