Browsing Category

Business

FedEx plans to go Carbon-Neutral by 2040

FedEx Corp, one of the world’s largest cargo airline, announced an ambitious goal to achieve carbon-neutral operations globally by 2040. To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key…

DP World to build $1.2 billion Indonesian port

DP World, the leading provider of smart supply chain logistics, alongside its partner Caisse de dépôt et placement du Québec (CDPQ), a global investment group, today signed a long-term agreement with Indonesia's leading conglomerate Maspion…

AEEE Capital to construct 500-acre project in Cairo

AEEE Capital Holding & Advisory Group Inc (AEEE) signed a $650 Million deal to complete development and construction management of a 500-acre Phase II sector of the New Capital East of Cairo. Part of the upcoming improvements include a…

Cloud advertising set to cross $395 billion by 2026

Over the past several years, social media platforms have become some of the best distribution platforms for ROI in advertising revenues, because of its growing use of videos. Consumers not only like the video but demand them! Technological…

DP World commences operations at Port Luanda

DP World has begun operation of the Multipurpose Terminal (MPT) at the Port of Luanda. The MPT was handed over to DP World Luanda by Porto de Luanda, following the 20-year concession agreement signed in January by António Bengue, Chairman…

Emirates Steel to produce steel flat products

Emirates Steel has announced its plans to add Hot Rolled Coils (HRC) to its wide-range products portfolio so that it can mainly meet the needs of the local and regional markets of the high-quality flat products. Emirates Steel is currently…

ADCB expands mortgage business

Abu Dhabi Commercial Bank PJSC (ADCB) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (ADF). The transaction provides further growth for ADCB’s retail and SME businesses in line…