Emirati Human Resources Development Council in Dubai signs MoU with Emirates Institute of Finance to bolster qualitative Emiratisation and empower national talents
Dubai, UAE, April 9, 2026: The Emirates Human Resources Development in Dubai (EHRDC) signed a Memorandum of Understanding (MoU) with the Emirates Institute of Finance (EIF) to reinforce coordination and cooperation to boost their efforts to train, qualify and employ Emiratis in the financial and banking sectors.
EY Academy launches AI-enabled Future-Ready Project Delivery Accelerator to strengthen delivery capability across the GCC
New flagship programme equips project leaders with AI-enabled delivery practices and modern implementation capabilities to deliver complex transformation initiatives aligned with Vision 2030 and regional growth agendas
Dubai, UAE – 9 April 2026: EY Academy has announced the launch of the AI-enabled Future-Ready Project Delivery Accelerator, a flagship applied learning journey designed to strengthen project delivery capability across GCC organisations and equip project leaders to manage complex, high-stakes transformation initiatives.
Union Coop approved the distribution of a 14% cash dividend on share capital, alongside a 5% return on shareholders’ purchases. The resolution was passed at the ‘General Assembly meeting’ held, both in person at the ‘Dubai Chambers’ and virtually. During the meeting, shareholders approved the Board of Directors’ report for 2025, as well as the audited financial statements for the fiscal year ending 31 December 2025, including the balance sheet and profit and loss accounts.
Alshaya Group acquires the Starbucks franchise in Greece and Cyprus and becomes the new exclusive owner and operator
KUWAIT – Wednesday 8 April 2026: Alshaya Group has today announced that it has acquired the Starbucks Greece & Cyprus licensed business, becoming the new exclusive owner and operator of the business, which was formerly operated by Marinopoulos family and led by Managing Director, Giannis Marinopoulos, who will return to the family business.
Opening in 2002, Starbucks Greece & Cyprus operates 30 stores in Greece and 18 in Cyprus and employs around 500 people.
As one of Starbucks’ largest and long-standing licensed partners across the world, since it’s first Starbucks in Kuwait in 1999, Alshaya Group now operates over 2,000 stores in 13 countries, offering the unique Starbucks experience to over one million customers every day.
Saleh Alshaya, President of Starbucks at Alshaya Group, said: “With today’s announcement, we are continuing our vision of growth for our licensed Starbucks business, and we look forward to working with our new colleagues to offer even more choice for our customers to experience their favourite Starbucks coffee across Greece and Cyprus. This is an exciting time for our business, and we look forward to a great future.”
Dubai Chambers advances trade cooperation in meetings with Oman Chamber’s North Al Batinah Branch and SOHAR Port and Freezone
H.E. Mohammad Ali Rashed Lootah: “We are working to strengthen collaboration with the Sultanate of Oman to facilitate the smooth flow of bilateral trade and enhance logistics connectivity, opening new avenues for economic cooperation and reinforcing economic ties.”
The delegation met with the Oman Chamber of Commerce and Industry branch in Al Batinah North Governorate to enhance bilateral cooperation mechanisms across priority sectors.
The delegation visited SOHAR Port and Freezone and Sohar Industrial City (Madayn) to explore ways to improve the flow of goods, enhance supply chain resilience, and strengthen logistics integration between Dubai and Sohar.
Dubai, UAE – Dubai Chambers explored ways to strengthen the resilience of bilateral trade flows with the Sultanate of Oman during a visit today by a delegation led by H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, to Sohar in Oman’s Al Batinah North Governorate.
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