Browsing: Business

The UAE has secured defence and security deals worth over AED19.95bn ($5.4bn) during key military exhibitions this week.

Careem Pay, the fintech arm of the Careem Everything App, has expanded its international remittance service, introducing 18 new European corridors to improve cross-border money transfers for UAE residents.

The 4th Edition Hospitality Innovation Summit (HIS) – Saudi Arabia & UAE is set to take place…

Saudi Arabia’s inaugural Interiors & Furniture Show (IFS) Jeddah has opened for its three-day run…

Al Masraf (The Arab Bank for Investment and Foreign Trade) has signed an agreement with Finneva Information Technologies LLC (Finneva) to introduce innovative Supply Chain Finance solutions for Small & Medium Enterprises (SMEs) in the UAE. This move will enhance financial access for businesses across key sectors in the UAE by improving cash flow, optimizing working capital and fostering sustainable growth.

Invest Bank today announced a strategic partnership with Veefin Solutions to introduce cutting-edge digital trade finance solutions for businesses across the UAE. Through this collaboration, Invest Bank will implement advanced Supply Chain Finance (SCF) solutions, designed to optimize cash flow, enhance working capital efficiency, and streamline receivables and payables management via specialized open account finance products.

Sheikh Ahmed bin Saud bin Rashid Al-Mualla, Vice President of the Executive Council of the Emirate of Umm Al-Quwain, witnesses, at Al Diwan Al Amiri, the signing of a strategic partnership agreement between “Umm Al Quwain Properties” and “Deyaar Development” to develop projects on Umm Al Quwain beachfront.

The Khalifa Fund for Enterprise Development (KFED) announced its sponsorship to six innovative ventures participating in the International Defence Exhibition and Conference (IDEX), held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, the President of the United Arab of Emirates and Supreme Commander of the Armed Forces, at the Abu Dhabi National Exhibition Centre (ADNEC) from 17th to 21st of February 2025

Abu Dhabi-listed Investcorp Capital has strengthened its presence in the US real estate market by acquiring four new residential properties, with a total transaction value exceeding $300 million.

The Dubai Loop, a groundbreaking project by Elon Musk’s The Boring Company in collaboration with the RTA, is set to redefine urban mobility while enhancing public health for cyclists and pedestrians, said Louise Bou Rached, Director of Sales for the Middle East, Turkey, and Africa at Milestone Systems.