International Holding Company (IHC) has announced the appointment of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as Executive Chairman of Rorix Holdings.
Category: Economy
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DIFC, Ripple to accelerate adoption of Blockchain technology
Ripple, a specialised enterprise in blockchain and crypto solutions, has announced plans to partner with DIFC Innovation Hub, the thriving innovation ecosystem of the Dubai International Financial Centre (DIFC) to accelerate blockchain and digital asset innovation in the UAE.
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EWEC launches Clean Energy Certificates for first time
Emirates Water and Electricity Company (EWEC) today announced the introduction of Clean Energy Certificates (CECs) for energy generated by the UAE's utility-scale Wind Programme.
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Kuwait oil price up to $76.28 pb Tuesday
The price of Kuwaiti oil went up 51 cents to US$76.28 pb on Tuesday, compared to US$75.77 pb the day before, said state news agency (KUNA) reported, citing the Kuwait Petroleum Corporation (KPC) on Wednesday.
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Emirates’ first retrofitted 777 aircraft takes off to Geneva
The first Emirates Boeing 777 with a nose-to-tail cabin refresh sporting a new look has rolled into service, as it prepares to take off to Geneva this afternoon as EK 83.
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Dubai Chamber of Digital Economy promotes Expand North Star to 1,500 startups
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, and Dubai World Trade Centre have successfully concluded its series of 12 international roadshows to promote Expand North Star, the world’s largest event for startups and investors
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AED 646 million in transactions in Central and Eastern regions of Sharjah during first half of 2024
According to the semi-annual report of the real estate sector in the cities of Sharjah issued by Sharjah Real Estate Registration Department, it was revealed that the trading value of real estate transactions has reached AED 646 million during the first half of 2024 in the Central and Eastern regions of Sharjah, with a growth rate of 17.7 percent compared to last year.
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Ajman free zones see 18% growth in net profit in H1 2024
The Free Zones Authority of Ajman has maintained its steadfast efforts this year in bolstering the emirate's economic diversification strategy and stimulating the investment and trade landscape in the emirate, with an increase of 18 percent year-on-year (YoY) in net profit in H1 2024.
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800 industrial establishments in Ajman during first half of 2024
Sheikh Hamad bin Nasser Al Nuaimi, Director of the Member Affairs Department at the Ajman Chamber of Commerce and Industry (ACCI), stated that the total memberships of the ACCI reached 19,372 memberships during the first half of 2024, and the total number of certificates of origin reached 22,693 certificates.
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FTA urges Resident Juridical Persons with Licences issued in June to register for Corporate Tax by 31 August 2024
The Federal Tax Authority (FTA) has urged Resident Juridical Persons with Licences issued in June, regardless of the year of issuance, to submit their Corporate Tax registration applications by 31st August 2024.