Business - Emirates 24|7

Dubai: H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), today witnessed the inauguration of the headquarters and first manufacturing facility of KERNO Enterprises at Dubai Silicon Oasis (DSO), the special economic zone for knowledge- and inno

Cape Town, South Africa: Emirates, European Professional Club Rugby (EPCR), and the Kolisi Foundation have launched the Emirates Nourishment Programme, a long-term initiative aimed at supporting childhood nutrition and education across South Africa. The programme will provide approximately 400,000

Dubai: His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, honoured the graduates of the 2025 cohort of Dubai Holding’s national development programmes under ‘Al Multaqa’, the Group’s platform for developing and advancing Emirati talent. The ceremony marked the graduation of

MUMBAI: Kunal Shah, an Indian ‌fintech founder with no engineering degree or Silicon Valley pedigree, has spent two decades building businesses around digital payments and consumer behaviour in India. He now takes charge of Meta's WhatsApp as the company looks to leverage the reach of the world's l

Dubai, UAE: Dubai Chamber of Commerce has showcased expansion opportunities for local businesses in Poland and Hungary through its latest ‘In Focus’ event, aimed at supporting companies seeking to enter high-potential international markets. The event attracted 130 participants, who gained insights

Amazon said on ‌Thursday ​it will invest an additional $13 billion by 2030 in India to expand its AI and cloud infrastructure. The new investment is in addition to ⁠its planned $35 billion funding announced last year, taking the e-commerce firm's investment in the country to $48 billion through ‌20

Bangkok: Asian shares rose on Thursday, driven by strong gains in technology stocks in Japan and South Korea, as oil prices fell amid signs of easing geopolitical tensions. Investor sentiment was lifted by a surge in major U.S. chipmakers following stronger-than-expected earnings and outlooks. Qual

Abu Dhabi: Burjeel Holdings, a leading super-specialty healthcare group in the GCC listed on the Abu Dhabi Securities Exchange, has successfully priced its inaugural US$500 million Regulation S 5-year senior unsecured Sukuk offering due 2031 under its newly established US$1.5 billion Senior Unsecur

ABU DHABI: ADNOC Drilling Company PJSC announced today the successful delivery and acceptance of AD-300, the first AI-enabled, fully automated walking island rig, delivered nearly three months ahead of schedule, enabling earlier revenue generation and accelerating the rollout of the six-rig next-ge

Dubai: Emirates has unveiled its latest collection of luxury Bulgari amenity kits for First and Business Class customers, continuing a partnership with the iconic Italian luxury house that has spanned more than 16 years. The new Spring/Summer collection marks the 18th iteration of Emirates’ exclusi

Dalian, China: Financial institutions are moving rapidly from artificial intelligence (AI) experimentation to broader use in their organisations, putting trust, governance and human oversight at the centre of the industry’s next phase of AI adoption, according to a new World Economic Forum report r

Abu Dhabi: The Central Bank of the UAE has imposed a financial penalty of AED 20 million on a branch of a licensed foreign bank operating in the country, in accordance with the provisions of the Federal Decree-Law on the Central Bank and the Regulation of Financial Institutions and Activities and i