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UAE accounts for 74% of GCC investments in Asean markets

Dubai / WAM The UAE accounted for 74 percent of GCC investments in Asean markets over the last five years, according to a new whitepaper released by Dubai Chamber ahead of the first-ever Global Business Forum (GBF) Asean in Dubai. Conducted by the Economist Intelligence Unit and commissioned by Dubai Chamber, the report, titled ‘Uncharted Territory: Deepening trade and investment ...

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UAE condemns Houthi attempt to target Saudi’s southern region

ABU DHABI / WAM The UAE has strongly condemned the Houthi terrorist militias’ attempts to target civilians and civil sites in Saudi Arabia’s southern region with explosive-laden drones, which were intercepted and destroyed by the Coalition Forces. In a statement released by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE said recurrent terrorist attacks by the Houthi ...

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Hub71, Russia’s Sber ink new partnership deal

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has signed a new partnership with Sber, Russia’s largest commercial bank, providing services to more than 100 million customers and approximately 1 million enterprises and one of the largest digital ecosystem uniting over 60 companies in various industries. Technology companies, startups, ventures and investors in the UAE and Russia will ...

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