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DMCC reports 20% jump in South Korean membersDubai Multi Commodities Centre (DMCC) has announced that there has been a 20% increase in companies from South Korea seeking membership at DMCC in the year to date. The announcement comes following a successful visit to the capital, Seoul, as part of DMC More… |
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Brookfield buys controlling stake in GII logistics platformBrookfield Asset Management today (May 2) announced that it has reached an agreement with Gulf Islamic Investments (GII), a leading Shari’ah-compliant global alternative investment company, to acquire a controlling stake in its logistics real estate platform. More… |
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Rakez showcases advantages at Jaipur business eventRas Al Khaimah Economic Zone (Rakez) has showcased the strategic advantages of investing in Ras Al Khaimah during a recent business event in Jaipur, India. Experts from Rakez, accompanied by representatives from various entities in Ras Al Khaimah, partic More… |
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Oman Air Cargo partners with RTS to boost digital capabilitiesOman Air Cargo has signed a deal with Revenue Technology Services (RTS) for the implementation of a comprehensive suite of digital solutions to automate key revenue and pricing processes in the airline’s cargo operational systems. The partnership w More… |
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ADQ plans $2.5bn bond issue on London Stock ExchangeAbu Dhabi Developmental Holding Company (ADQ), an Abu Dhabi-based investment and holding company, announced its inaugural $2.5 billion bond issuance on the London Stock Exchange (LSE) as part of a significant step in diversifying its funding sources and supporting its strategic growth agenda. More… |
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KSA’s largest F&B manufacturing event gets under wayOver 500 global players from 35 countries are participating in the three-day SaudiFood Manufacturing show, which was opened on April 30 by Eng Majed Al-Argoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON). Opening the Food For More… |
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EDB, Sheraa and SCCI unveil unique Centre of ExcellenceEmirates Development Bank (EDB), Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) have launched the Sheraa’s Centre of Excellence (CoE). The centre focuses on advanced manufacturing and consumer packaged goods (CPG). More… |
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SABIC reports $65.5m profit for first quarterSABIC, a global leader in diversified chemicals, has announced a net profit of SAR246 million ($65.58 million) for the first quarter of 2024, compared to a SAR1.73 billion loss in Q4 2023. Compared to the same quarter (Q1) in 2023, the net profit is down More… |
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Sharjah Chamber to dispatch trade mission to India on May 5The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), will embark on a trade mission to India on May 5, as part of its commitment to support and facilitate the exploration of investment opportunities available for both sides, a repo More… |
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Jeddah summit to discuss future-ready infrastructure solutionsWith the Middle East spearheading some of the most ambitious infrastructure projects in the world, including the $500 billion NEOM city project, the upcoming International Geotechnical Innovation Conference (IGIC 2024) in Jeddah is set to attract over 400 delegates More… |
