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Mubadala signs agreement to invest $500m in Cologix

23 Sep 2019

The Abu Dhabi-based global investment firm, Mubadala Investment Company, announced that it has signed an agreement to invest up to $500 million in Cologix, the network-neutral interconnection and hyperscale edge...

Expo 2020 to showcase crushing technology

23 Sep 2019

Mariecar Jara-Puyod, Senior Reporter Technology that crushes demolished buildings into sand for another set of infrastructures would be presented at the six-month “Expo 2020 Dubai.” The technology interestingly includes...

IIS roadshows in US introduce promising opportunities

18 Sep 2019

The Sharjah FDI Office (Invest in Sharjah - IIS), operating under the Sharjah Investment and Development Authority (Shurooq) has collaborated with the US–UAE Business Council to organise business seminars in...

South Korea downgrades Japan trade status as dispute deepens

18 Sep 2019

South Korea on Wednesday followed through with plans to drop Japan from a list of countries receiving fast-track approvals in trade, a reaction to a similar move by Tokyo to...

Real estate sector’s contribution to Dubai GDP at 13.6% in 2018

17 Sep 2019

Dubai Land Department, DLD, has said that the real estate sector significantly contributed to GDP growth in the Emirate. The improvement in economic growth rates in the Emirate of Dubai...

Switzerland slashes 2019 growth forecast

17 Sep 2019

The Swiss government cut its 2019 growth forecast by a third on Tuesday, citing as risks the escalating trade war between China and the United States, the rising Swiss franc...

Mohammed issues law on Dubai Real Estate Regulatory Authority

15 Sep 2019

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum has issued Law No. 4 of 2019...

Philippine firms set sight on Expo

15 Sep 2019

Mariecar Jara-Puyod, Senior Reporter As many as thirteen Philippine lifestyle companies including four small-medium enterprises are in the UAE not only to build prospective partnerships with Middle East counterparts...

India’s August merchandise exports down 6.05%, imports fall over 13%

14 Sep 2019

Sluggish global demand pulled India’s merchandise exports lower by 6.05 per cent in August on a year-on-year basis. As per the data furnished by the Ministry of Commerce & Industry,...

FPIs turn buyers in India

11 Sep 2019

Mumbai: Foreign Portfolio Investors (FPIs)on Wednesday turned buyers for the first time in September. FPIs had been on a sell mode despite the roll-back of the tax surcharge on them...

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