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Key Business Trends for 2021
Thought leadership research firm TrendCandy announced a forecast of top business trends for 2021 based on research conducted in 2020. TrendCandy surveyed tens of thousands of people on various topics including chatbots, open offices, COVID,…
Etisalat reports AED9 billion net profit in 2020
Etisalat Group announced on Tuesday, 23 February that its twelve month ending 31st December, 2020, consolidated revenues reached AED51.7 billion, while consolidated net profit after Federal Royalty amounted to AED9 billion, an increase of…
Japan-UAE ties robust with US$22.4 billion trade in 2020
The United Arab Emirates is a long-time partner that has supported Japanese economy and society, and economic relations remain robust with US$22.4 billion bilateral trade in 2020, according to a top Japanese official. Source Emirates News…
Dubai real estate sales cross AED6.74 billion in January 2021
Dubai’s real estate market recorded 3,300 sales transactions worth AED6.74 billion in January 2021, a growth of 15.5 percent in terms of transaction number and 37 percent in terms of value compared to January 2020, according to the 11th…
Dutch firm Adyen selects DIFC as regional headquarters
Dubai International Financial Centre has welcomed global payment technology provider Adyen, a company that has a market capitalization of €66.4 billion and processed over €303.6 billion worth of transactions in 2020. Dutch firm Adyen…
Investcorp acquires industrial portfolio in Wales
Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, on Monday announced that one of Investcorp’s affiliates has acquired a portfolio of 13 multi-let industrial assets in South Wales.…