Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, and SACE SIMEST, the Italian export credit company (CDP Group) have signed a reinsurance agreement to support Italian businesses operating in the UAE as part of the Italy-UAE Business Forum recently held in Dubai, UAE. This agreement between the two entities exemplifies the strengthening of
Expo 2020 Dubai and its legacy are expected to contribute AED122.6 billion of gross value added (GVA) to the UAE’s economy from 2013–31, according to the EY report, ‘The economic impact of Expo 2020 Dubai’. The report states that Expo 2020 is also expected to support up to 905,200 full-time equivalent (FTE) job-years in the
A host of European Tour stars made significant strides on the European Tour’s Race to Dubai Rankings at the 83rd Masters Tournament including Xander Schauffele, who climbed into the top ten with a runner-up finish,just one stroke behind Tiger Woods who completed one of the greatest comebacks in sporting history to don the iconic Green
Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, hosted its first quarterly Dtec Forum of 2019 to highlight the role of public relations (PR) and communication strategies in generating optimal exposure for startups. Themed ‘From Startups to Business Giants: Driving your Business Strategy with
Dubai Land Department (DLD) received a Russian delegation of 50 specialists from Russian real estate developers and financial institutions from Moscow, as part of their participation in the ‘Annual Investment Meeting 2019’ that took place 8 – 10 April 2019 under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and
Today, Uber announced the launch of a new “Women Preferred View” feature for women drivers in Saudi Arabia, which provides them with a choice in selecting a preference to be connected to women riders. A global first for Uber, the Women Preferred feature underwent a pilot run last year and thanks to its popularity has
The Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17% stake in South Korea’s Hyundai Oilbank, a subsidiary of Hyundai Heavy Industries Holdings. The investment is valued at approximately $ 1.25 billion.