FeaturedPorts and ShippingDP World acquires 51% stake in TIS Container Terminal in UkrainePritam BordoloiJune 17, 2020 by Pritam BordoloiJune 17, 2020 The acquisition marks DP World’s second major partnership with TIS shareholders, the first being with P&O Maritime Ukraine... Read more
BankingFeaturedBank of America acquires 1.51% stake in Emirates NBDPritam BordoloiJune 10, 2020 by Pritam BordoloiJune 10, 2020 The deal is expected to cost around Dh900 mn... Read more
FeaturedFintechDIFC invests in four startups as part of $100 million fintech fundInternational Finance Business DeskJune 8, 2020June 8, 2020 by International Finance Business DeskJune 8, 2020June 8, 2020 The authority seeks to support companies looking to expand into the Middle East, Africa and South Asia... Read more
MagazineTechnologyBlockchain is disruptiveWebAdminJune 5, 2020June 5, 2020 by WebAdminJune 5, 2020June 5, 2020 The KYC blockchain platform simplifies data verification process for businesses and minimises regulatory oversights of banks... Read more
FeaturedShipping and PortsDP World partners with TradeLens to digitalise global supply chainPritam BordoloiMay 29, 2020May 29, 2020 by Pritam BordoloiMay 29, 2020May 29, 2020 DP World aims to connect all its 82 marine and inland container terminals... Read more
EconomyFeaturedDubai expects 70% companies to shut businesses in next six monthsInternational Finance Business DeskMay 27, 2020May 27, 2020 by International Finance Business DeskMay 27, 2020May 27, 2020 The survey was conducted on 1,228 CEOs across various sectors during the period between April 16 and April 22... Read more
FeaturedReal EstateDubai launches new remote property registration systemPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The new system is designed to allow real estate owners to complete sales transactions from anywhere in the world... Read more
AviationFeaturedDXB passenger traffic drops 19.8% in Q1 2020International Finance Business DeskMay 14, 2020May 14, 2020 by International Finance Business DeskMay 14, 2020May 14, 2020 A total of 17.8 mn passengers passed through through the DXB gates between January and March 2020... Read more
FeaturedReal EstateDubai real estate sees best first quarter performance in six yearsPritam BordoloiMay 14, 2020 by Pritam BordoloiMay 14, 2020 Q1 2020 saw cash sales of ready homes up 30.4 percent annually with no change quarterly... Read more
FeaturedLogisticsDP World launches digital global trade supply chain platformInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 The platform covers sea, land and air shipping around the world... Read more