Tag: UAE Business News
UAE extends new frequencies to support 5G rollout
The UAE telecom operators can now expand their 5G services as the region's Telecommunications Regulatory Authority (TRA) availed a new frequency band to the...
UAE’s tallest restaurant to be opened in Ras Al Khaimah
UAE-based Puro will begin the operations of '1484’, a restaurant placed at the highest point in Ras Al Khaimah from October 1.
1484 by Puro...
Improving UAE-Israel ties boosts regional tourism sector
With the UAE and Israel normalizing ties, the tourism sector of both countries will be benefiting highly as analysts expect about 1.25 million people...
DIFC & DFF unite to design Dubai’s future
The Dubai International Finance Center (DIFC) has signed a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF).
The agreement between the leading global...
UAE allows movable assets as collaterals for bank loans
UAE companies’ especially small and medium-sized businesses can now secure bank loans by collateralizing the movable assets to meet the financial crisis due to...
ADNOC commits $245mn in CAPEX for strategic expansion
ADNOC Onshore, a subsidiary of the Abu Dhabi National Oil Company (ADNOC) made an investment commitment worth $245 million as it awarded two Engineering,...
DEWA simplifies Electric Vehicle charging: Introduces QR code
The Dubai Electricity and Water Authority (DEWA) now enable electric vehicle owners to charge them by just scanning a QR code.
DEWA announced today that...
UAE unveils anti-money laundering smart tool named ‘Fawri Tick’
The UAE has launched a smart anti-money laundering tool ‘Fawri Tick’ for coordinating Anti-Money Laundering (AML) and Countering Terrorist Financing (CFT) cases.
As part of...
