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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…
Content marketing sector to reach $269 billion by 2024
A latest market research report titled "Content Marketing Market by Objective (Lead Generation, Brand Awareness, Thought Leadership, And Others), Platform (Blogging, Videos, Infographics, Case Studies, And Others), End-user (Retail,…
UAE telecom subscribers rise to 21.9 million by end of 2020
The number of telecom subscribers in the UAE, including mobile phones, landlines and Internet, grew to 21.92 million by the end of 2020. The latest statistics released by the Telecommunications and Digital Government Regulatory Authority…
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…
Blockchain technology is the future of digital finance
Prior to 2019, ICO's were the significant method of implementing cryptocurrencies into the financial marketplace. This trend soon moved towards blockchain based cryptocurrency in 2020. DeFi, or decentralized finance, is the next phase of…
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…