Search Results for: "AD Ports"

etihad rail

Etihad Rail shows how it links key transport hubs across seven emirates: Watch

The rail network stretches across the UAE, connecting Fujairah in the east to Al Ghuwaifat in the west

Zayed Naional Museum announces Dhs1m fund to support reseacrh into UAE culture Image DCT Abu Dhabi Zayed National Museum

New Dhs1m research fund launched, supports study of UAE history, culture

Applications will be reviewed by a panel compromising representatives from Zayed National Museum and the Department of Culture and Tourism – Abu Dhabi

UAE-India CEPA talks

UAE-India CEPA impact: Bilateral non-oil trade reaches $50.5bn

The CEPA came into effect on May 1, 2022, and was the UAE’s first-ever bilateral trade deal

KEZAD, Tubacex production facility

KEZAD, Tubacex to build OCTG-CRA production facility in Abu Dhabi

The facility will enable Tubacex to establish a strong presence in the UAE while reaching out to its global network of clients

Dubai airport is world's noumber one.

Dubai Airports closes arrivals forecourt for private cars at DXB Terminal 1

The change has been made to reduce vehicle congestion as Dubai Airports handles an increase in overall passenger traffic

UAE and Cambodia CEPA deal

UAE signs bilateral trade deal with Cambodia

The agreement with Cambodia will reduce or remove tariffs, eliminate barriers to trade and create new avenues for strategic investment

MUBADALA partners with SAILGP

Mubadala and SailGP sign three year global partnership

The two organisations said the partnership will focus on SailGP’s ambition of becoming the most sustainable sport in the world

hurricane season upon us

New York has world’s worst air pollution as Canada wildfires rage

Smoke blowing in from wildfires raging across Canada’s provinces have blanketed the city in haze

UAE National Sports Strategy 2031 approved by UAE cabinet Image Dubai Media Office Twitter

UAE cabinet approves National Sports Strategy 2031

The strategy will implement 17 initiatives in the coming years, including discovering new talented athletes in schools and updating sports education methodology and laws

FTA reports incraese in Muwafaq Package registrations

UAE’s FTA reports growth in Muwafaq Package registrations

The package offers a variety of features and incentives that can help SMEs save money and get help with tax compliance

Karim Benzema at Ittihad Club

Karim Benzema, former Galactico descends on Saudi Arabia with Al Ittihad signing

The Ballon d’Or winner was with Real Madrid for 14-years before agreeing to move to the Saudi Pro League club on an initial three-year contract

Saudi Arabia sports clubs’ privatisation plan

Saudi Arabia kicks off sports clubs privatisation project

The project seeks to raise Saudi Pro League’s commercial revenues from SAR450m in 2022 to over SAR1.8bn annually

Oil production to be hit after Saudi Arabia announces cuts. Image: Getty Images

Saudi Arabia to cut additional one million barrels in oil production after OPEC+ talks

The 23-nation group offered no additional action to buttress the market, but pledged to maintain their existing oil production cuts until the end of 2024

EDB partners with ADDED

Make it in the Emirates: EDB joins hands with ADDED

The development bank is playing a vital role in supporting the UAE’s industrial strategy by providing financial assistance and driving sustainable growth

UAE Exports to lead country's growth

UAE exports projected to reach Dhs2tn by 2030: report

The country’s transformation to a high-tech manufacturing and innovation hub will see its exports reach around Dhs2tn by 2030

Amazon Saudi Riyadh Fulfillment Center Inauguration Image credit Amazon

Amazon launches new fulfillment centre in Riyadh

The facility spans 390,000 square feet across five floors – approximately the size of five football fields

PwC Middle East

PwC Middle East inaugurates regional headquarters in Riyadh

This comes as part of the firm’s broader commitment to the region to create 6,000 new jobs and continued investment in digital technology and ESG

food security through IFPA

The UAE is the new headquarter of International Islamic Food Processors Association

IFPA works to promote intra-OIC trade and investment between agri-food private-sector businesses across the entire ecosystem and food supply chain in member states

trade finance

DP World, Standard Bank partner to expand trade finance in Africa

The partnership will help in closing the gap in unmet demand for working capital on the continent

Sheikh Mohammed

Sheikh Mohammed approves 78 environmental initiatives ahead of COP28

It includes national strategies to reduce carbon and regulate the use of solar energy products, sustainable tourism and other initiatives

EFG Hermes group CEO Karim Awad Image courtesy EFG Hermes Holding

EFG Hermes reports 157% rise in net profit to EGP885m in Q1 2023

The group recorded a 129 per cent year-on-year rise in revenue to EGP4.5bn in Q1 2023

UK Business and Trade Secretary Kemi Badenoch

UK Business and Trade Secretary Kemi Badenoch on Gulf states tour

Badenoch’s trip comes as the total trade between the UK and GCC reached a record high of GBP61.3bn in 2022

Etihad Rail and Uber sign MoU photo credit Uber

Etihad Rail, Uber sign MoU to jointly bolster integrated mobility services

The companies will look at integrating e-hailing services and explore the possibility of creating an Uber dedicated pickup and drop-off area for passengers within stations

ADNOC L&S IPO

ADNOC raises size of its logistics unit IPO on heavy demand

The maritime logistics firm expects the final offer price to be announced on May 26, after the book-building process

Agility logistics park

Kuwait’s Agility reports 20% rise in net profit to KD15.3m for Q1 2023

The company’s EBITDA increased 30 per cent to KD44m, and revenue grew 17 per cent

salik photo WAM

Toll operator Salik reports net profit of Dhs275m for Q1 2023

The toll operator reported that revenue-generating trips reached 113.6 million, exceeding the pre-pandemic peak level thanks to the recovery of economic and tourist activity, as well as mobility

Al Ansari Financial Services Q1 2023

Al Ansari Financial Services reports 7.2% rise in net profit to Dhs133m for Q1 2023

The performance is attributed to a strong increase in exchange income from bank notes, pre-paid cards products, operating leverage and rise in transactions through digital channels

Tabreed

UAE’s Tabreed reports Dhs236.4m in net profit during Q1 2023

The company’s revenue increased by 10 per cent year-on-year to Dhs464m

UAE France

UAE, France trade grew 17%, reached Dhs29.5bn in 2022

The bilateral trade between the two countries consisted of imports valued at Dhs25.2bn, while exports and re-exports were valued at approximately Dhs4.2bn

Emirates Group

Dubai’s Emirates Group reports highest-ever annual profit of Dhs10.9bn for FY2022-23

Emirates Airline reported its most profitable year ever with a profit of Dhs10.6bn compared with Dhs3.9bn loss in the previous year