Tag Archives: Business

Abu Dhabi’s index was up 0.5%, after hitting its highest level since late 2014 Abu Dhabi’s market hovered around a four-year high on Wednesday, bolstered by banks shares, while Saudi Arabia’s market was more subdued. Abu Dhabi’s index was up 0.5 percent, after hitting its highest level since late 2014 earlier in trading. First Abu Dhabi Bank rose 1.1 percent …

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Etisalat made a net profit of AED2.2bln ($599million) in the three months to June 30 By Alexander Cornwell, Reuters News DUBAI- Emirates Telecommunications Group, also known as Etisalat, reported on Tuesday a 12.3 percent rise in second-quarter net profit as it cut capital expenditure and added more subscribers. Etisalat made a net profit of 2.2 billion dirhams ($599 million) in …

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Kuwait Chamber of Commerce and Industry has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market KUWAIT CITY – Kuwait Chamber of Commerce and Industry (KCCI) has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market, reports Al-Rai daily. Report added KCCI received a …

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Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Dubai’s small and medium enterprise (SME) sector contribute 52.4 percent of jobs created in the emirate and 47 percent of its economic output, according to a joint study between Dubai SME and Dubai Statistics Centre. Initiated during the …

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New govt policies are set to transform business ecosystem by making it easy to do business, and support new sectors Small and medium enterprises (SMEs) are estimated to contribute 40 per cent to Dubai’s gross domestic product (GDP) and employ 42 per cent of the total workforce, said a top official. The significance of such enterprises must not be overlooked …

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Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The ability to impact social change, rather than financial gain, is the biggest motivator for angel investors in the Middle East, according to a new report which also showed that the region’s entrepreneurs ranked highly on a global …

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Women are underrepresented when it comes to new business launches and Elissa Freiha – founder of the first female-focused accelerator in the region, Womena – is passionate about pushing the numbers higher. “Honestly, I think this region is the most exciting start-up space globally right now for the simple fact that the potential is still untapped,” she says. “The resources …

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Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The introduction of a new guide aimed at improving the financial literacy of business owners has been welcomed by advisors. The UAE Banks Federation (UBF) announced yesterday that the 64-page guide has been produced as part of its …

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The theme of the Summit will be: “The transition to sustainable cities and territories: The role of African local governments” The official ceremony to launch the preparation for the 8th edition of the Africities Summit, November 20-24, 2018, Marrakesh, Morocco will take place on Tuesday, May 15, 2018, 3:00- 5:30 pm at the Balafrej Hall, the Ministry of Foreign Affairs …

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UK-funded Start Egypt programme has just completed a discovery mission for the country’s future entrepreneurs Supporting innovation and entrepreneurship across Egypt is vital to boost economic development and improve lives Partnering with Techne Drifts and Entreprenelle, Start Egypt has toured nine Egyptian cities as part of its road shows and its female founders’ workshops. Start Egypt experts from Flat6Labs headed …

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