US-based syncreon acquired by DP World for $1.2 billionJuly 4, 2021 DP World has announced the acquisition of 100 percent of syncreon for an enterprise value of US$1.2 billion. This transaction…
ADNOC and Reliance to develop integrated chemical plantJune 30, 2021 Abu Dhabi National Oil Company (ADNOC) announced that Reliance Industries Limited (Reliance), has signed an agreement to join a new…
General Budget Committee meet chaired by Sheikh MansourJune 28, 2021 His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, chaired a meeting of…
UAE retail e-commerce predicted to grow to $8 billion by 2025June 24, 2021 The UAE retail e-commerce market reached a record $3.9 billion in 2020, a 53 percent year-over-year increase driven by the…
CBUAE report predicts 2.4 percent growth for UAE GDP in 2021June 18, 2021 The UAE GDP is expected to grow by 2.4 percent in 2021 and 3.8 percent in 2022 while the non-oil…
CBUAE and CBE sign MoU to establish cooperationJune 11, 2021 The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with the Central Bank of Egypt…
