Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI) has announced on Sunday its collaboration with American computer giant, International Business Machines Corporation (IBM), to launch the ‘Dubai Digital Entrepreneurship Hub’, an online community that will support Dubai’s technology and startup ecosystem. The Dubai Digital Entrepreneurship Hub will connect startups, entrepreneurs, developers, venture capitalists and students so that …

ABU DHABI / Emirates Business A Saudi-UAE alliance involving a group of companies has submitted a request to the Economic Commission of the Suez Canal to obtain 5 million square feet to establish a US$3bn industrial city, according to Saudi Arabian newspaper, the Arab News. The alliance’s representative, Ahmed Sabri, said the industrial city would have factories to manufacture various …

Bloomberg Abu Dhabi stocks entered a bull market, leading Mideast gauges higher, as rising oil prices added to growing bullish sentiment across global equities. The ADX General Index climbed 3.1% at the close, extending the longest winning streak this year and taking gains since a Jan. 21 low to 22%. Dubai’s DFM General Index, which entered a bull market last …