DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced the signing of a sale and purchase agreement (SPA) with REIT Development to establish the largest precious metals refinery and storage facility across the GCC and the first to be completely enabled by blockchain in the GCC. As […]
Category: NEWS
Global Real Estate Investment Proves Resilient, Yet Uneven, In Q1 2021
Global real estate transaction volumes declined by 13% year-on-year in the first quarter of 2021. According to the recently published JLL (NYSE:JLL) Global Real Estate Perspective, first quarter transaction volumes totalled $187 billion, representing a resilient but uneven stage within the broader investment recovery. The first quarter volumes were bolstered by stronger performance in more mature […]
DMCC to Transform Dubai into an International Cacao Trade Hub
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise has announced plans to launch a state-of-the-art DMCC Cacao Centre in Dubai. DMCC will initially incubate a select range of cacao services within its DMCC Coffee Centre in Jebel Ali starting from mid-2021 and will transform the emirate […]
DMCC Beats 7 Year Record for the Number of Companies Joining in April and Q1 Performance
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – welcomed 216 new businesses to their Free Zone in April 2021, the highest recorded number for April in 7 years. Q1 2021 was also the Free Zone’s best performance in seven years. Despite the global economic situation, […]
Health, safety and well-being of all participants is Expo’s highest priority
From thermal cameras and sanitisation stations to mandatory face-mask wearing, stringent social distancing regulations and free vaccinations for all official participants – the health, safety and well-being of everyone working at and attending Expo 2020 Dubai is Expo’s first priority. The measures, which include virtual inspections of workforce accommodation and the offer of the COVID-19 […]
These are the trends experts say the future holds for Fintech
Fintech will continue to grow, but at what pace and what is yet to come?ParagonEX Dynamic, a leading technology solutions provider in the “trading and investments” Fintech branch, held an informative webinar where many concerns from business owners for the future of the industry were addressed and many questions were answered by the company’s top […]
Conversational AI start-up AskSid completes prestigious Techstars Accelerator Program in Abu Dhabi
AskSid, an AI startup serving global marquee retail and consumer goods clients with live implementations across 23 countries, announced their successful graduation from the prestigious and coveted Techstars Hub71 Accelerator program in Abu Dhabi. Techstars is a global platform for investment and innovation that helps entrepreneurs scale their business into international brands. The three month program focused on […]
Jumeirah Group strengthens senior leadership with three key appointments
Jumeirah Group, a global luxury hospitality group and a member of Dubai Holding, today announced three key appointments across three of its GCC hotels. The General Manager positions across two hotels in the UAE and the Group’s upcoming property in Oman have been filled by existing Jumeirah talent in recognition of the deserving team members’ […]
The Industries Set To Win Big In America’s $2 Trillion Infrastructure Overhaul
After pouring trillions of dollars into the economy over the past 6 months, Biden’s new plan could further light the fuse on the EV markets. That’s because his proposed $2 trillion infrastructure bill is expected to cover much more than just roads and bridges. Under the current proposal, $174 billion would go directly to the EV sector, helping the United […]
Inari Raises Over $200 Million to Unlock the Full Potential of Seed
Inari announced today it has raised $208 million in the successful completion of its latest fundraise, bringing its cumulative equity raised to more than $352 million. With strong support from existing and new investors, Inari will use the funds to advance its mission to restore diversity in food by unlocking the full potential of seed to sustainably transform the […]