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Dubai-Korea trade scored AED21bn

DUBAI / WAM Ahmed Mahboob Musabih, Director of Dubai Customs (DC) and the Consul-General of the Republic of Korea in Dubai, Heo Nam Duk, have exchanged views on issues of common interest and on the possibilities of strengthening cooperation and creating better coordination in Customs processes. This came at meeting held at DC head office, in the presence of Faisal ...

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Wadi.com secures largest series A funding in tech history

DUBAI / Emirates Business Wadi.com, the fastest growing e-commerce platform of the Middle East, has raised USD 67m with Al Tayyar Travel Group as the lead investor ten months after its launch. The investment marks the largest series A funding in the tech history of the Middle East and will further accelerate the growth of the company. Wadi.com was started ...

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Europe seeks tougher scrutiny of Russian natural gas deals

Yangon / Bloomberg The European Union’s regulatory arm proposed more oversight of natural-gas contracts with Russia and other external suppliers as a part of a wider plan to boost energy security. The European Commission is also seeking closer regional cooperation among the EU’s 28 nations to prevent supply disruptions, under its winter gas package presented in Brussels on Tuesday. The ...

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