DP WORLD, UAE REGION’S PIONEERING DIGITAL INITIATIVES ATTRACT THE LIMELIGHT AT GITEX 2020

The company’s digital strategy empowers the logistics sector in the UAE, assisting the country to achieve its development goals Jebel Ali Port and Jafza connect consumers to over 3.5 billion people Dubai Trade’s Electronic Delivery Order crosses 52,000 transactions, valued at AED120 million in less than a year since its launch Dubai, United Arab Emirates, December 8, 2020: DP World, UAE Region, the leading enabler of smart trade, demonstrated its pioneering status and visionary role by realising the potential of technology and utilising it to boost trade, enhance customer experience…

RAKBANK Reports Nine Months Ended 30 September 2020 Net Profit of AED 438.6 million

United Arab Emirates, 22 October 2020: The National Bank of Ras Al-Khaimah (“RAKBANK”) announced a consolidated net profit of AED 438.6 million for the nine-month period ended 30 September 2020. Third quarter earnings were lower due to reduced income resulting from a subdued loan demand and higher IFRS 9 provisions that are set aside as precautionary measures to combat the economic impact of COVID-19. For the nine months ended September 30, 2020, the Bank’s Total Income of AED 2.8 billion was down by AED 241.9 million on a year-on-year basis…

DP WORLD, UAE REGION TACKLES KEY INDUSTRY CHALLENGES AND OPPORTUNITIES

موانئ دبي العالمية – إقليم الإمارات تستعرض تحديات الصناعة الرئيسة

Leading industry players shared insights on strategies to enhance the economy and the maritime transport sector in the GCC Region  DP World, UAE Region, a premier logistics company and a leading enabler of trade, was a part of the CEO Forum: Challenges and Future Opportunities for Ports and Shipping in the Gulf Cooperation Council. Virtually held on October 6, 2020, the event united industry experts who shared insights on the hurdles faced due to the current COVID crisis and elaborated on favourable opportunities in the region. The panel of speakers…

 ADNOC and Abu Dhabi-Based Group 42 Launch AIQ – an Artificial Intelligence Joint Venture Company

 ADNOC and Abu Dhabi-Based Group 42 Launch AIQ –

AIQ will develop AI applications for the global oil and gas industry and help accelerate industry adoption of advanced technologies in the UAE  JV supports ADNOC’s continued drive to leverage AI to optimize performance and grow the UAE’s innovation ecosystem  The Abu Dhabi National Oil Company (ADNOC) today announced the launch of AIQ, its Artificial Intelligence (AI) joint venture (JV) company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing company. The completion of the formation of AIQ follows the signing of the JV agreement between ADNOC and…

Jewellery and Watch Show Opens its Doors on 26th October Featuring New Brands to the Region and New Digital Initiatives

Under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance Abu Dhabi, United Arab Emirates,  (AETOSWire): Now in its 27th edition, the Jewellery and Watch Show will once again be returning to Abu Dhabi next month on 26-30 October at Abu Dhabi National Exhibition Centre (ADNEC). The event is held under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, the Minister of Tolerance. With hundreds of exciting brands from more than 25 countries, the Jewellery and Watch Show (JWS) will be hosting an array of unique…