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Zakat Fund nine-month revenue hits AED184mn

ABU DHABI / WAM The Zakat Fund’s total revenue in the first three quarters of 2020 amounted to around AED184 million, according to Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund. He credited the Fund’s easy to use “collection channels” for the large donations saying they offer various options to pay and calculate Zakat. Al Muhairi expressed his ...

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DP World reports 3.1% rise in gross volume growth in Q3

DUBAI / WAM DP World Limited handled 18.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in Q3, with gross container volumes increasing by 3.1 percent year-on-year on a reported basis and up 1.9 percent on a like-for-like basis. On a nine-month basis, DP World handled 52.2 million TEU, decreasing 2.5 percent on a reported basis ...

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DMCC enhances ease of doing business in Dubai

Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced it rolled out a company setup offer for businesses worldwide. According to DMCC, the offer provides international companies the opportunity to set up a representative office in one of the world’s leading business hubs in as little ...

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