ABU DHABI / WAM Emirates Development Bank (EDB) has inked a memorandum of understanding to create supply chain finance and working capital solutions for SMEs in collaboration with Trade Capital Partners (TCP). This partnership was facilitated by Hub71, Abu Dhabi’s global tech ecosystem, as part of its efforts to support startups with commercial opportunities through its network of leading corporate …

ABU DHABI / WAM TRENDS Research and Advisory announced the launch of the TRENDS Hub Award for Scientific Research, which aims to encourage researchers, at the regional and global levels, to conduct creative and effective research on various issues of interest to TRENDS. The award includes four diverse research areas. The first research area includes “political issues, security and military …

DUBAI / WAM DP World Limited has announced resilient financial results for the first six months to June 30. On a reported basis, revenue grew by 13.9% to $9,037 million and adjusted Ebitda grew by 7.0% to $2,611 million with adjusted Ebitda of 28.9%. DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, commented, “We are pleased to share …