Latest News for: Dubai investment

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Avyanco welcomes commercial company law amendment allowing 100% foreign ownership in UAE

Gulf News 20 Jun 2021
The change of foreign ownership rules on the mainland is unquestionably a game-changer in the UAE and Dubai's investment scene ... The amendment of UAE commercial companies law brings a positive feel to the UAE business environment, in terms of investment in UAE, especially Dubai.
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Dubai’s external trade to grow further as economy recovers from the pandemic

The National 20 Jun 2021
Thanks to a number of development plans and the stimulus packages which Dubai Government launched ... DP World has a strong presence in 80 ports and terminals worldwide and is looking to increase its investments in the ports and logistics sectors in Africa and Asia - a move that is expected to feed into strengthening Dubai's trade network.
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The Luxury Closet raises $14m for expansion

The National 20 Jun 2021
Dubai-based online marketplace The Luxury Closet has raised $14 million to expand its operations worldwide amid a coronavirus-induced surge in online sales and demand for recycled fashion ... Other backers include Dubai’s HB Investments, Saudi Arabia’s Nazer Group, Middle East Venture Partners and MLM Investment Company.
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The Luxury Closet raises $14m to expand its operations

The National 20 Jun 2021
Dubai-based e-commerce firm The Luxury Closet raised $14 million in new funding to expand its operations globally as the coronavirus pandemic spurs a surge in online sales and demand for recycled fashion ... Other backers include Dubai’s HB Investments, Saudi Arabia’s Nazer Group, Middle East Venture Partners and MLM Investment Company.
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Dubai-based e-commerce firm The Luxury Closet raises $14m to expand its operations

The National 20 Jun 2021
Dubai-based e-commerce firm The Luxury Closet raised $14 million in new funding to expand its operations globally as the coronavirus pandemic spurs a surge in online sales and demand for recycled fashion ... Other backers include Dubai’s HB Investments, Saudi Arabia’s Nazer Group, Middle East Venture Partners and MLM Investment Company.
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Hala Badri: The creative economy is a promising sector that boosts Dubai’ s global competitiveness

MENA FN 20 Jun 2021
(MENAFN - Mid-East.Info) Dubai, United Arab Emirates ... investment in creative industries ... This comes as a natural result of Dubai's leadership's strong vision and its continuous efforts to advance this vital sector to shape the knowledge-based economy of today and the future.
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Dubai utility provider boosts production of desalinated water

Arab News 20 Jun 2021
DUBAI ... The rapid expansion of Dubai over recent decades has demanded constant investment in combined power and desalination plants to feed rising domestic consumption of water and electricity.
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Fawad terms Dubai Expo an opportunity to unveil hidden treasures of Pakistan before the world

Urdu Point 20 Jun 2021
Speaking as a chief guest at media unveiling of Pakistan Pavilion at Expo 2020 Dubai here Sunday, the Federal Minister said, Pakistan is a land of immense opportunities with vast potential of promoting tourism, investment, agriculture, trade and industry.
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Dubai, Germany trade tops $6.7bn in 2020

Arab News 20 Jun 2021
DUBAI. Bilateral trade between Dubai and Germany reached about 24.6 billion dirhams ($6.7 billion) in 2020, state news agency WAM reported ... of Dubai Silicon Oasis Authority (DSOA), said.
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DAMAC hires advisers in $599m take private bid

Arab News 20 Jun 2021
DUBAI. DAMAC, the Dubai developer behind some of the emirate’s glitziest property projects, has hired advisers following a $599m plan to take the company private ... said in a filing to the Dubai Financial Market.
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Dubai records 4,429 real estate transactions worth AED11.11 billion in May

Urdu Point 20 Jun 2021
It added that Dubai's real estate market has achieved a new record, the highest over the past four years in terms of the value of real estate sales transactions, thus highlighting the emirate's attractiveness and flexibility in attracting real estate investments, and emphasising ...
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Dubai firm uses solar power to make water out of air

Arab News 20 Jun 2021
DUBAI. A Dubai-based company is using solar energy to produce water out of air ... Source Global, which operates in 48 countries, chose Dubai to develop its biggest water farm because of the emirate’s keenness to invest in innovation, Fotuhi said.
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Source Global picks Dubai to test air-to-water technology

Gulf Daily News 20 Jun 2021
The company established itself in Dubai in 2017 because it says the region is keen to invest in these solutions, “What attracted us to Dubai? First of all, the fact that it is a hub for the Middle East Africa region, it also is a centre for new innovations for key sectors, such as agriculture and water.”.
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Reportage makes special offer with guaranteed rental return

Gulf News 20 Jun 2021
Reportage Properties is developing 11 projects, providing about 5,000 housing units within the most important investment sites in Abu Dhabi and Dubai, in addition to a project that has been completed and delivered in Masdar City in Abu Dhabi, as well as a project in Egypt ... For more information, please contact. ... PR departmennnnnnnnnt, Dubai. Mobile ... .
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Egyptian economy continues growing, says Franklin Templeton group

Egypt Independent 20 Jun 2021
Khatoun’s remarks to this effect came during a virtual international conference for directors of portfolios and international investment funds in Dubai city last week. He said the investment bank was overweight on Egypt as well, as the economy continued to grow in an environment where most economies contracted sharply.
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