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Month: May 2025

Dubai Achieves 4th Place in Global IMD Smart City Index 2025, Leading GCC, Arab World, and Asia

May 12, 2025 by emadmin

Dubai: Dubai has advanced eight places to rank 4th globally in the IMD Smart City Index 2025, marking a major milestone in its digital transformation journey. The achievement reinforces Dubai’s position as the highest-ranked city in the GCC, the Arab …

Categories Business, Trading

RAK Chamber and Kuwaiti Consul-General Discuss Trade Cooperation

May 12, 2025 by emadmin

Ras Al Khaimah: Mohamed Ali Musabbeh Al Nuaimi, Chairman of the Ras Al Khaimah Chamber of Commerce and Industry, praised the strong and enduring ties between the UAE and Kuwait, highlighting the fruitful cooperation between both countries, especially …

Categories Business, Trading

UBF Highlights UAE’s Leadership in Financial, Banking Innovation

May 12, 2025 by emadmin

Dubai: The UAE Banks Federation (UBF) has reiterated its commitment to enhance the efforts of its member banks to develop the necessary frameworks, under the direct supervision of the Central Bank of the UAE. This ensures the best utilisation of advan…

Categories Business, Trading

Aldar and Hilton Collaborate to Launch Waldorf Astoria Residences on Yas Island

May 12, 2025 by emadmin

Abu Dhabi: Aldar has announced its partnership with Hilton to develop Abu Dhabi’s first Waldorf Astoria Residences and the first branded residences on Yas Island. The agreement was signed by Aldar Development CEO Jonathan Emery and Hilton’s Vice Presi…

Categories Business, Trading

EGA Named Sector Partner for Advanced Infrastructure at ‘Make it in the Emirates’

May 12, 2025 by emadmin

Abu Dhabi: Emirates Global Aluminium (EGA) has been confirmed as the Sector Partner-Advanced Infrastructure by ADNEC Group at the fourth edition of Make it in the Emirates. The upcoming event will serve as a pivotal platform to highlight advancements …

Categories Business, Trading

ADIO and ITOCHU Collaborate to Boost Investments in Abu Dhabi’s Economy

May 12, 2025 by emadmin

Abu Dhabi: The Abu Dhabi Investment Office (ADIO) and ITOCHU Corporation, a leading Japanese trading and investment firm, have formed a strategic partnership to enhance the expansion of ITOCHU’s portfolio companies into Abu Dhabi.

According to Emira…

Categories Business, Trading

China’s Auto Industry Surpasses 10 Million Units in Production and Sales in Early 2025

May 12, 2025 by emadmin

Beijing: China’s auto industry has achieved a significant milestone by exceeding 10 million units in both production and sales during the first four months of the year, as reported by the China Association of Automobile Manufacturers on Monday.

Acco…

Categories Business, Trading

Nasdaq Dubai Welcomes OMNIYAT’s US$500 Million Green Sukuk Listing

May 12, 2025 by emadmin

Dubai: Nasdaq Dubai today welcomed a US$500 million Green Sukuk by OMNIYAT, a leading Dubai-based real estate developer. The three-year Sukuk, maturing on 6th May 2028, was issued under a US$1 billion Trust Certificate Issuance Programme and carries a…

Categories Business, Trading
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