The Dubai Multi Commodities Centre (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has announced membership growth in companies from the Republic of Korea of over 20 percent in the year to date.
Category: Economy
Abu Dhabi Aviation completes transaction to acquire stakes in Etihad Engineering, AMMROC, GAL
a leading aviation service provider headquartered in Abu Dhabi, has successfully completed a transaction for the acquisition of stakes in Etihad Airways Engineering (EYE), Advanced Military Maintenance Repair and Overhaul Centre (AMMROC) and Global Aerospace Logistics (GAL) from a wholly owned subsidiary of ADQ, an Abu Dhabi-based investment and holding company, in return for shares in ADA.
UAE: New airport plan to drive property demand, prices in Dubai South
This year, the property prices are likely to see a jump of up to 15%
Real estate valuation in Ajman worth AED1.92 billion in Q1 2024
Omar bin Omair Al Muhairi, Director-General of Ajman’s Department of Land and Real Estate Regulation, has revealed that the latest quarterly real estate report showcased the registration of 400 real estate valuation transactions with a total value exceeding AED1.92 billion.
EDGE acquires 51% of CONDOR Non-Lethal Technologies
EDGE, one of the world's leading advanced technology and defence groups, today announced the acquisition of 51% of Brazil-based CONDOR Non-Lethal Technologies (CONDOR), one of the top five industry leaders in Non-Lethal Technologies (NLT) worldwide.
KEZAD signs 792 investment agreements in 2023
Abdullah Al Hameli, CEO of Economic Cities & Free Zones (EC&FZ) at AD Ports Group, has highlighted KEZAD Group's significant growth, with 792 contracts signed and 5 million m2 of land area under contract placed, aligning seamlessly with Abu Dhabi's economic objectives.
Sharjah Asset Management launches Sharjah Asset Management Excellence Award
The Sharjah Asset Management, the investment arm of the Sharjah government, has launched the Sharjah Asset Management Excellence Award in its first edition.
Protecting Earth an urgent necessity, says Abdul Aziz Al Nuaimi at Abu Dhabi International Book Fair 2024
Sheikh Dr. Abdul Aziz bin Ali bin Rashid Al Nuaimi, Environmental Advisor to the Government of Ajman and the Founder of Green Sheikh Academy, also known as "The Green Sheikh", participated in the first seminar organised by the Muslim Council of Elders' pavilion at the Abu Dhabi International Book Fair, which commenced under the theme "Where the World's Tales Unfold" until 5th May 2024, at the Abu Dhabi National Exhibition Center (ADNEC).
UAE participates in regional meeting on establishment of Asset Recovery Inter-Agency Network in MENA
A delegation from the United Arab Emirates participated in a multilateral meeting to discuss the establishment of an integrated asset recovery inter-agency network (ARIN), hosted by Egypt’s Money Laundering Combating Unit (MLCU) and held in Cairo, Arab Republic of Egypt from 29th to 30th April.
Dubai Customs seizes 4.364 million counterfeit goods valued at AED5.430 million in Q1 2024
Dubai Customs' dedication to strengthening its role against counterfeit goods and safeguarding intellectual property rights was showcased through its annual celebration of World Intellectual Property Day in 2024.