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Dubai Investments supports women of determination

Dubai / WAM Dubai Investments has supported a social programme for women of determination, a year-long calendar of events and activities that will enable and empower individuals and their families, and promote greater social inclusion within the wider community. Dubai Investments provided support for the special 12-month programme, developed by Kalimati Communication and Rehabilitation Centre, which will provide a sustained ...

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Key development projects underway in Fujairah

FUJAIRAH / WAM A wide range of development projects are underway in the UAE’s East Coast Emirate of Fujairah as it seeks to diversify its economy. The Port of Fujairah, its adjacent anchorage and the Fujairah Oil Industry Zone, FOIZ, are already well-established as the second largest oil bunkering centre in the world, with a new 250,000 barrels per day ...

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China Starbucks rival Luckin climbs after $561 million IPO

Bloomberg Luckin Coffee Inc, a challenger to Starbucks Corp in the race to dominate China’s growing coffee culture, climbed in its trading debut after raising $561 million in an expanded US initial public offering. The Xiamen-based company, which opened at $25, climbed as much as 53 percent in New York trading. Luckin sold 33 million American depositary shares for $17 ...

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