Category Archives: Business & Investments

Business & Investments

DWTC’s Hospitality Division has a record-breaking year

DWTC’s Hospitality Division has a record-breaking year,catering to over 1million guests across 2,846 events in 2023

Dubai, UAE – 1 May 2024:Dubai World Trade Centre (DWTC) has announced a record-breaking year for its Hospitality business in 2023, catering to over 1million guests across 2,846 events. This remarkable achievement reflects a 48% increase Y-o-Y in guests catered to and a 23% rise Y-o-Y in events catered for,underscoring DWTC’s commitment to delivering exceptional experiences and solidifying its position as a premier catering service provider in the region.

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Business & Investments

ADDED and Emirates Driving Company  to enhance innovation in transportation sector

ADDED and Emirates Driving Company  to enhance innovation in transportation sector

Abu Dhabi – 28 April 2024: The Abu Dhabi Department of Economic Development (ADDED) and the Emirates Driving Company (EDC) have signed a Memorandum of Understanding (MoU) designed to enhance innovation within the Emirate’s automotive, mobility, and transportation sector.

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Business & Investments

Apex Investment PSC Announces 625% YOY increase in Net Profit

Apex Investment PSC Announces 625% YOY increase in Net Profit

(Excluding Fair value changes and Corporate Tax for Q1 2024)

Apex CEO, Mark Blackwell, said: “2023 was all about change. We undertook a holistic transformation across our Group of Companies to establish core foundations to ensure we continue to bring world class offerings to our Clients and the Market.  This meant fundamental changes across every aspect of the business, requiring both bold and difficult decisions to be made, that have now established the foundation to accelerate growth and diversification and delivered outstanding results for Q1 2024.”

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Business & Investments

Economic confidence among finance professionals hits highest level since first half of 2023  

Economic confidence among finance professionals hits highest level since first half of 2023  

Key indices remain indicative of an upbeat picture for the Middle East

Dubai, UAE; April 30, 2024: Accountants and finance professionals are more confident in the global economy than they have been since Q2 2023. The latest ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) Global Economic Conditions Survey (GECS) saw a moderate increase in confidence to put the index just above its historical average.

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Business & Investments, Hotels & Hosppitality, Real Estate

One Za’abeel launches The Offices, Dual Licensed Office Space in One Za’abeel Tower

One Za’abeel launches The Offices, Dual Licensed Office Space in One Za’abeel Tower

Dubai, 30 April 2024: One Za’abeel, the iconic mixed-use development developed by ICD (Investment Corporation of Dubai), is pleased to announce the launch of The Offices, its ultra-luxurious dual licensed corporate office spaces in One Za’abeel Tower. The Grade-A offices are set to become Dubai’s ultimate business address, attracting global and local organisations alike with its unique dual licensing for both Dubai World Trade Centre Free Zone (DWTC FZ) registered companies and those registered under the mainland.

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