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Economy Middle East Summit
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United Arab Emirates
Telecom
MWC 2024: Ericsson, e& UAE boost 5G capabilities with ‘Ericsson Charging’
The modernization and performance enhancements to boost efficiency, reduce carbon footprint and OPEX
Economy
ADGM, Etihad Airways forge partnership to boost Abu Dhabi as global business hub
The MoU includes discounts and exclusive offers by Etihad Airways to ADGM-registered entities
Economy
UAE to support Pakistan boost date palm cultivation
As part of the MoU, the First Pakistan International Date Palm Festival 2024 will also be organized
Logistics
TradeTech Forum: UAE launches Trade-Sustain-AI initiative to revolutionize global trade
Initiative aims to leverage artificial intelligence to drive sustainability and inclusivity in trade
Economy
Sheikh Hamdan highlights Dubai’s role in advancing human progress at Middle Eastern cities talk
Volunteers honored by Sheikh Hamdan for dedication to 'Day for Dubai' initiative
Logistics
WTO MC13: UAE and Peru to begin free-trade agreement talks
Peru aims to leverage the potential agreement to ramp up its exports to the UAE
Logistics
Dubai South, Abu Dhabi’s Aldar to develop logistics facilities
Facilities to be built on a plot located near Al Maktoum International Airport
Banking & Finance
Mashreq closes $88 million syndicated term loan facility for joint-stock commercial bank ‘Agrobank’
This transaction holds significance as it marks the debut of a state-owned bank from Uzbekistan in the MENA region.
Energy
ADNOC Distribution aims for 20 percent expansion in service stations in its new 5-year growth strategy
The company will allocate $250-$300 million annually for CAPEX
Logistics
Dubai Taxi Company market share climbs to 46 percent as fleet expands to 5,660
Strategic acquisition of 94 new license plates solidifies commitment to growth
Logistics
7X introduces EMX with aim to transform logistics solutions for UAE and beyond
EMX will leverage the latest technologies to be a game-changer in the logistics/CEP industry
Banking & Finance
Abu Dhabi’s IHC reports 17.9 percent revenue growth to $16.36 billion in 2023
The company reported net profit of $8.97 billion
Miscellaneous
Dubai reviews third phase of ambitious 10X projects
Government entities collaborate to elevate quality of life and innovation
Banking & Finance
EDB’s contribution to industrial GDP grows 80 percent in 2023
Fueling UAE's economic growth and industrial advancement
Banking & Finance
UAE-listed banks experience 54 percent surge in profits, reaching $20.93 billion in 2023: Report
This growth was primarily driven by a 28 percent increase in net interest income
Technology
Mastercard and DIFC Innovation Hub host thought leadership forum
For businesses to implement innovative strategies driving sustainable growth
Banking & Finance
Mubadala, Goldman Sachs sign $1 bn deal to pursue Asian private credit opportunities
Abu Dhabi's sovereign wealth fund expands presence in private credit markets
Miscellaneous
Celebrating Arab Hope Makers: Sheikh Mohammed awards 4 philanthropists AED1 million each
Dubai's prestigious award ceremony recognizes outstanding humanitarian contributions
Logistics
Dubai’s RTA awards $190.57 million contract for Al Khail Road Improvement Project
Expanding traffic flow by 19,600 vehicles per hour in Dubai
Logistics
Abu Dhabi Customs achieves 72 percent growth in digital transactions in 2023
Pre-arrival customs clearance surged by 20 percent
Economy
UAE, Kenya conclude terms of CEPA to expand trade in multiple sectors
The deal focuses on key sectors, including logistics, healthcare, travel, and tourism
Economy
Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024
Tech investments and financial services are driving growth in the country
Logistics
TradeTech Forum: Exploring how trade technology can add trillions to global economy
Inaugural event to accelerate integration of technology into global supply chains
Technology
Chinese EV company XPENG to expand into UAE
Chinese electric vehicle giant sets sights on EMEA market
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