Business & Investments

Dubai CommerCity records unprecedented growth in its digital trade operations throughout 2023

Leave a comment

Dubai CommerCity records unprecedented growth in its digital trade operations throughout 2023

  • A 158% surge in completed orders through its digital trade platform.
  • A 56% increase in the volume of goods handled via its online portal, DCC Way.
  • A 92% growth rate in freight shipments from distribution centres.
  • Abdulrahman Shahin, ‘The expansion of Dubai CommerCity’s operations underscores Dubai’s status as a global hub for the digital economy.’
Continue reading Dubai CommerCity records unprecedented growth in its digital trade operations throughout 2023 →
Business & Investments

du and Samsung announce three-year partnership to expand business and services

Leave a comment

du and Samsung announce three-year partnership to expand business and services

Strategic collaboration to focus on B2C and B2B segments, including digital service offerings, marketing collaborations, workshops, and event participation.

Dubai, UAE, 15 March, 2024: du, from Emirates Integrated Telecommunications Company (EITC), today signed a strategic a Memorandum of Understanding (MoU) with Samsung. This collaboration marks a significant milestone in the companies’ relationship, allowing for expansion in the business-to-consumer (B2C) and business-to-business (B2B) segments.

Continue reading du and Samsung announce three-year partnership to expand business and services →
Uncategorized

INEOS AUTOMOTIVE LAUNCHES GRENADIER QUARTERMASTER CHASSIS CAB

Leave a comment

INEOS AUTOMOTIVE LAUNCHES GRENADIER QUARTERMASTER CHASSIS CAB

  • Five-seat double cab chassis variant uses the same extended frame as the Grenadier Quartermaster pick-up and is targeted at specialist conversion companies and commercial body builders.
  • Exposed ladder frame rear of the cabin provides a wide range of body-building options for commercial, emergency and leisure use.
  • George Ratcliffe, Commercial Director, INEOS Automotive, comments, “In the first year since the Grenadier launched we have already seen a number of specialist conversions, particularly with emergency services such as fire, police and inshore rescue, so launching the Quartermaster Chassis Cab is a natural step to take our off-road expertise into many commercial areas that need a class leading 4X4.”
Continue reading INEOS AUTOMOTIVE LAUNCHES GRENADIER QUARTERMASTER CHASSIS CAB →
Business & Investments

Lunate Capital launches first UAE Bond ETF in the UAE and GCC

Leave a comment

Lunate Capital launches first UAE Bond ETF in the UAE and GCC

  • The Chimera JP Morgan UAE Bond ETF will track the J.P. Morgan MECI UAE Investment Grade Custom Index, which includes liquid USD-denominated bonds from the UAE  
  • The ETF will be listed on the Abu Dhabi Securities Exchange and will enable investors to access UAE bonds with a lower investment requirement 

Abu Dhabi, 14 March, 2024: Lunate Capital Limited, an Abu Dhabi-based investment management firm licensed by the ADGM Financial Services Regulatory Authority (FSRA), and subsidiary of Lunate Holding RSC Limited, announced today the launch of the Chimera JP Morgan UAE Bond UCITS ETF (Bloomberg: BONDAE), the UAE and GCC’s first-ever UAE bond Exchange Traded Fund (“ETF”) that will list on the Abu Dhabi Securities Exchange (“ADX”).

Continue reading Lunate Capital launches first UAE Bond ETF in the UAE and GCC →
Technologies

Yahsat and e& UAE to bring satellite connectivity to standard smartphones

Leave a comment

Yahsat and e& UAE to bring satellite connectivity to standard smartphones

  • Yahsat’s Direct-to-Device (D2D) strategy aims to enhance global connectivity by directly enabling smartphone users and IoT devices to harness the capabilities of SpaceTech, irrespective of their location
  • The two leading companies join forces to drive global connectivity forward as part of Yahsat’s recently launched D2D strategy – Project SKY

Abu Dhabi, United Arab Emirates, 14 March 2024: Al Yah Satellite Communications Company (ADX: YAHSAT), the UAE’s flagship satellite solutions provider, and e& UAE signed a Memorandum of Understanding (MoU). According to this MoU, e& UAE is set to become the first telecom operator to partner with Yahsat under its Direct-to-Device (D2D) strategy.

Continue reading Yahsat and e& UAE to bring satellite connectivity to standard smartphones →

Interesting News Blog