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    ECI, ENBD to boost confidence of financial sector to fund UAE firms

    ECI, ENBD to boost confidence of financial sector to fund UAE firms

    18 Apr 2021

    Etihad Credit Insurance (ECI), the UAE Federal export credit company and Emirates NBD (ENBD), a leading banking group in the Middle east, North Africa and Tukey (Menat) region, have signed...

    Dubai Customs completes 5 million transactions in Q1

    Dubai Customs completes 5 million transactions in Q1

    17 Apr 2021

    Dubai Customs completed 5 million transactions in Q1 this year, according to latest figures. This is equivalent to double the number of transactions in the same period in pre-pandemic 2019,...

    Gold prices surge as markets await US data

    Gold prices surge as markets await US data

    15 Apr 2021

    Gulf Today Report  Gold prices soared on Thursday as investors await US weekly jobless data and March retail sales data. Spot gold was up 0.2% at $1,740.04 per ounce by...

    Adnoc L&S buys two more VLCCs

    Adnoc L&S buys two more VLCCs

    13 Apr 2021

    Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), on Tuesday announced the acquisition of two additional Very Large Crude...

    Saudi firm signs project deals on 200MW PV plant with Egypt

    Saudi firm signs project deals on 200MW PV plant with Egypt

    08 Apr 2021

    ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 markets, has finalised the project agreements for the 200MW Kom Ombo PV...

    DP World to further boost growth of automotive trade in the GCC

    DP World to further boost growth of automotive trade in the GCC

    06 Apr 2021

    GEFCO, a global provider of industrial supply chain services and the European leader in automotive logistics, has formed a partnership through its subsidiary in the UAE with the leading smart...

    Nasdaq Dubai welcomes listing of $2.5 billion Sukuk by IsDB

    Nasdaq Dubai welcomes listing of $2.5 billion Sukuk by IsDB

    05 Apr 2021

    Nasdaq Dubai welcomed the listing of a $2.5 billion Sustainability Sukuk by Islamic Development Bank (IsDB), the lender which finances development across its 57 member countries. This is the...

    Dubai Economy and Amazon set to support start-ups in digital economy

    Dubai Economy and Amazon set to support start-ups in digital economy

    04 Apr 2021

    The Business Registration and Licensing (BRL) sector in Dubai Economy and Amazon have launched a new programme to support DED Trader licence holders by providing interactive e-Learning content to help...

    UAE’s retail sales forecast to reach $58 billion mark in 2021

    UAE’s retail sales forecast to reach $58 billion mark in 2021

    02 Apr 2021

    The UAE currently leads the Middle East and North Africa (MENA) region in terms of household spending on e-commerce at $2,554 per household, which is twice the value of the...

    Oil prices decline as the ship blocking Suez Canal starts moving

    Oil prices decline as the ship blocking Suez Canal starts moving

    29 Mar 2021

    Gulf Today Report Oil dropped beyond 2% on Monday after it was announced that salvage crews have been able to move the giant container ship blocking the Suez Canal. ...

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