Dubai / WAM The UAE retail e-commerce market reached a record $3.9 billion in 2020, a 53 percent year-over-year increase driven by the Covid-19-led digital shift, while e-commerce accounted for 8 percent share of the retail market during the same year, new analysis from Dubai Chamber of Commerce and Industry has revealed. The study projected the value of the market ...

DUBAI / WAM The United Nations has selected the United Arab Emirates to host the 18th UN Public Service Forum in October, coinciding with celebrations of the UAE’s Golden Jubilee. This global forum aims to support the governments’ efforts around the world to achieve the Sustainable Development Goals, as it explores opportunities for governments to deliver seamless digital services, embrace ...

Abu Dhabi / WAM Mubadala Investment Company, an Abu Dhabi-based sovereign investor, on Wednesday announced the acquisition of a 2.6 percent stake in EN+, a global leader in low-carbon aluminium production and renewables. Mubadala’s total share ownership in EN+ now stands at 2.86 percent on a fully diluted basis. The new block acquisition equates to 16,641,700 of EN+ ordinary shares. The ...