The Water, Energy, Technology and Environment Exhibition (WETEX), organised by Dubai Electricity and Water Authority (DEWA), has become a global platform for regional and international exhibitions and forums looking for new exhibitors and partners and wishing to enrich their customer base in the region and around the world.
Category: Economy
DWTCA Free Zone records strong H1 growth
Dubai World Trade Centre Authority (DWTCA) Free Zone today published results from the first half of the year, revealing a sharp uptick in the number of companies choosing DWTCA as the destination for their Dubai business, and marking an increase in the number of direct jobs created within the Free Zone.
DMCC seeks to broaden UAE-US trade, investment flows
DMCC – the world's flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has concluded its second Made for Trade Live roadshow of the United States this year, visiting San Francisco, California, and Denver, Colorado, as it seeks to broaden UAE-US trade and investment across key economic sectors.
Bayanat and Yahsat launch UAE’s first SAR satellite
Bayanat AI PLC (ADX: BAYANAT), a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company PJSC (ADX: Yahsat), the UAE’s flagship satellite solutions provider, today announced the successful launch of their first Low Earth Orbit (LEO) Synthetic Aperture Radar (SAR) satellite into orbit on August 16, 2024, in partnership with ICEYE, a pioneer in SAR satellite operations for earth observation, persistent monitoring, and natural catastrophe solutions.
ADDED includes 30 new activities to ‘Freelancer Licence’
The Abu Dhabi Business Centre (ADBC) at the Abu Dhabi Department of Economic Development (ADDED) announced the addition of 30 new activities to the Freelancer Licence.
Salama reports a 67% increase in net profit in H1 2024
Islamic Arab Insurance Company (DFM listing: “Salama”), UAE’s largest Takaful solutions provider, has reported a net profit of AED 20.53 million, compared to AED 12.26 million during the same period in 2023.
AD Ports Group completes Tbilisi Dry Port acquisition to become majority owner
AD Ports Group (ADX: ADPORTS) today announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake.
Dubai Chambers signs MoU with Bank of China to support investors and enhance bilateral trade
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Bank of China – Dubai Branch - to develop collaboration and enhance cooperation between the business communities in Dubai and China.
Ajman real estate market soars with AED2 billion in July transactions, up 42.85%
The real estate market in Ajman continues its upward trend, recording 1468 real estate transactions in July with a total value of over AED2 billion, a growth of 42.85 percent year-on-year.
China’s courier sector handles over 100 billion parcels so far this year
China's courier sector saw its delivery volume this year exceed 100 billion parcels on Tuesday, 71 days earlier than in 2023, signalling a booming consumer market, Xinhua News Agency reported, citing the State Post Bureau.