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Ajman free zones see 18% growth in net profit in H1 2024

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

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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CBUAE, Dubai Courts sign MoU to link electronic services

CBUAE, Dubai Courts sign MoU to link electronic services

The Central Bank of the UAE (CBUAE) and the Dubai Courts have signed a Memorandum of Understanding (MoU) aimed at linking electronic services related to the execution of judgments, orders, and decisions issued by the Dubai Courts through the Central Bank's court cases management system.

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Vertiv, Gulf Data Hub partner to deploy 16MW data centre in Dubai Silicon Oasis

Vertiv, Gulf Data Hub partner to deploy 16MW data centre in Dubai Silicon Oasis

Vertiv, a global provider of critical digital infrastructure and continuity solutions, and Gulf Data Hub (GDH), a leader in colocation services and data centre solutions, announced details surrounding their transformational multi-year data centre collaboration project at a facility dedicated to advancing biotechnological research and renewable energy generation in Dubai, UAE.

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Under directives of UAE President, UAE dispatches aid plane to Philippines in response to Typhoon Carina

Under directives of UAE President, UAE dispatches aid plane to Philippines in response to Typhoon Carina

Following the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and as part of the UAE’s continuous humanitarian efforts to support all countries during times of need, the UAE has dispatched a plane carrying relief aid to the Philippines in response to landslides and floods caused by Typhoon Carina, which resulted in loss of life and severe damage to property.