Category Archives: Business & Investments

Business & Investments

UAE Banks Federation CEOs Consultative Council confirms sector’s ability to continue to grow

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UAE Banks Federation CEOs Consultative Council confirms sector’s ability to continue to grow

Abu Dhabi, United Arab Emirates; 20 October 2023:

During its second meeting of 2023, the CEOs Consultative Council of UAE Banks Federation, the sole representative and unified voice of UAE banks, chaired by H.E. Mohamed Omran Al Shamsi, Vice Chairman of the Board of Directors of UAE Banks Federation and Chairman of RAK Bank, discussed developments in the banking and financial sector, and the progress made by the Federation in achieving the strategy and plans for the current year.

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Business & Investments

RAKEZ hosts a workshop for clients in the defence sector

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RAKEZ hosts a workshop for clients in the defence sector in collaboration with ministries and government entities

Ras Al Khaimah, 19 October 2023: Ras Al Khaimah Economic Zone (RAKEZ) organised a workshop in collaboration with its strategic government partners, including the Ministry of Defence, Ministry of Foreign Affairs – Executive Office for Control & Non-Proliferation, Federal Authority for Nuclear Regulation. The workshop was aimed at RAKEZ clients operating in the defence industry and focused on providing them with essential knowledge and updates crucial for their business in this strategic sector.

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Business & Investments

Finance House introduces the ‘Forsa’ Credit Card, Designed Exclusively for Emirati Citizens

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Finance House introduces the ‘Forsa’ Credit Card, Designed Exclusively for Emirati Citizens

Unprecedented Savings on Both Credit Card Interest Rates and Payments

Abu Dhabi, UAE, 19 October 2023: In a significant move aimed at transforming the credit card offerings for UAE nationals, Finance House  proudly announces the launch of its revolutionary credit card, “Forsa.” The Forsa proposition is set to have an immediate and positive impact on the lives of UAE nationals, offering unmatched benefits targeted at improving their financial well-being.

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Business & Investments

Gulf One Capital lists its high-tech portfolio company NCTE on the Munich Stock Exchange

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Gulf One Capital lists its high-tech portfolio company NCTE on the Munich Stock Exchange

NCTE AG is the first Gulf One Capital Portfolio company to go public in Munich

Post-listing investor relations plan to raise additional capital to fund ambitious NCTE growth strategy

Dubai, UAE, 19 October 2023: Gulf One Capital BSC (“Gulf One”), a Bahrain-based private equity investor, has completed the listing of its sensor technology portfolio company NCTE AG (“NCTE”) on the Munich Stock Exchange.

Listing NCTE AG marks a new chapter for the German-based developer, manufacturer, and distributor of next-generation digital sensor systems based on the physical effect of magnetostriction. Pioneers in the field of non-contact force measurement, NCTE’s patented technology makes customers’ machines more intelligent, delivering real time data to enable unprecedented levels of efficiency for end-users.

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Business & Investments

Sharjah FDI Office showcases investment trends at UNCTAD’s 8th World Investment Forum

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Sharjah FDI Office showcases investment trends at UNCTAD’s 8th World Investment Forum

Providing attendees of the United Nations Conference on Trade and Development a valuable perspective, the Sharjah FDI Office highlighted the emirate’s journey in sustainable investment

  • Mohamed Al Musharrkh: Investor’s use of artificial intelligence requires bridging the gap between current and required skills.
  • Marwan Saleh Alichla: Sharjah’s investment vision takes sustainability standards into account

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