Abu dhabi: Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry (FCCI), met with Dr. Oleksandr Balanutsa, Ambassador of Ukraine to the UAE, to discuss ways to enhance cooperation between private-sector institutions and companies in both countries. The meeting focused on reviewing bilateral trade and investment relations and explored … Read more
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) recently facilitated a high-level business meeting with a delegation from the Kurdistan Federation of Chambers of Commerce and Industry (K-FCCI) in the Kurdistan Region of Iraq, alongside representatives from the Federation of the UAE Chambers of Commerce and Industry. The discussions centered on bolstering economic and … Read more
Jebel ali: DP World has completed the first phase of its Living Seawalls installation at Jebel Ali Port, deploying 1,000 eco-engineered panels that transform flat seawall surfaces into habitats where marine life can thrive and enhance biodiversity, setting a new benchmark for sustainable port infrastructure in the region. According to Emirates News Agency, the project, … Read more
Sharjah: Sharjah’s real estate sector reached a significant milestone in November 2025, achieving a new record with transactions totaling AED 9.5 billion. This figure represents the highest monthly total ever recorded in the emirate, underscoring its robust economic growth and solidifying its position as a crucial driver of comprehensive development. According to Emirates News Agency, … Read more
Abu dhabi: RIQ and Swiss Re have signed a Memorandum of Understanding to advance innovative capacity solutions, risk origination opportunities, and AI-enabled capabilities across the UAE region. Headquartered in the Abu Dhabi Global Market (ADGM), RIQ is building an AI-native reinsurance platform that integrates artificial intelligence and advanced analytics to improve underwriting accuracy, capacity deployment, … Read more
Abu dhabi: The Abu Dhabi Youth Business Council (ADYBC), affiliated with the Abu Dhabi Chamber of Commerce and Industry, has entered into a strategic cooperation agreement with Hub71, Abu Dhabi’s global tech ecosystem, during Abu Dhabi Finance Week (ADFW). This collaboration aims to enhance opportunities for young entrepreneurs and integrate them more deeply into the … Read more
Dubai: The regional natural gas sector requires $200 billion of investment in the next four years to increase production by 30% to meet rapidly growing demand for power, industry executives attending the Middle East Gas Conference in Dubai said on Wednesday. According to Emirates News Agency, more than 150 executives from energy producers gathered to … Read more
Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.90% to 3.65%, effective from Thursday, 11 December. This move aligns with changes in monetary policy following the recent actions of the US Federal Reserve. According to … Read more