Browsing: Economic

The United Arab Emirates (UAE) pledged $49 billion in industrial procurement opportunities on Monday and announced plans to localize more than 5,000 products as the Gulf state doubled down on… The post UAE commits $49bn to local manufacturers appeared first on Web-Release.

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has signed a strategic Memorandum of Understanding (MoU) with Dubai Economic Development Corporation (DEDC) to strengthen the export ecosystem of… The post ECI collaborates with DEDC to provide export credit insurance and risk mitigation services to Dubai-based manufacturers appeared first on Web-Release.

H. E. Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, reaffirmed the deep-rooted and historic ties between the United Arab Emirates (UAE) and the Sultanate of Oman, underscoring the commitment… The post UAE and Oman explore economic opportunities in logistics, food security and supply chains appeared first on Web-Release.

 Dubai Chambers recently held a meeting with the China Council for the Promotion of International Trade (CCPIT) Shanghai to explore ways to strengthen economic ties and enhance trade and investment cooperation between the business communities in Dubai and China.  The meeting was attended by H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, […] The post https://web-release.com/uae-frontline-healthcare-workers-set-guinness-world-record-for-most-nationalities-carrying-a-banner-in-solidarity-with-the-nation/ appeared first on Web-Release.

Dubai Chambers recently held discussions with H.E. Judha Nugraha, Ambassador of the Republic of Indonesia to the United Arab Emirates, on opportunities to strengthen bilateral economic partnerships across a range of priority sectors in support of continued growth in relations between the two markets. The meeting, which was attended by H.E. Mohammad Ali Rashed Lootah, […] The post Dubai Chambers discusses enhancing bilateral trade and investment with the Ambassador of Indonesia to the UAE appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) has launched a conflict response to support investee economies and clients affected by the war in the Middle East, as well as neighbouring countries of operation facing wider spillover impacts. While the situation remains fluid and highly uncertain, the economic and social impact of the conflict is already being […] The post EBRD aims to deploy €5 billion in economies affected by the Middle East conflict in 2026 appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is strengthening Egypt’s industrial sector by lending US$ 20 million (€17.5 million) to Futurefert to support its capital expenditure programme. The EBRD financing will support the construction and operation of three interconnected plants – a sulphuric acid plant, a potassium sulphate plant and a single superphosphate plant – […] The post EBRD lends US$ 20 million to Futurefert in Egypt appeared first on Web-Release.

ManageEngine, a division of Zoho Corporation and a leading provider of enterprise IT management solutions, today announced the results of KuppingerCole Analysts’ Product Value Navigator assessment of PAM360, ManageEngine’s privileged access management (PAM) platform. The commissioned economic impact study found that enterprises deploying PAM360 achieved a 219% return on investment (ROI), reaching payback in an […] The post Enterprises Can Achieve 219% ROI With ManageEngine PAM360, Finds KuppingerCole Analysts Research appeared first on Web-Release.

The Ministry of Economy and Tourism organized the ‘Ramadan Riyada Majlis’ in Dubai, bringing together leading women entrepreneurs and business leaders from across the UAE. The event aimed to foster dialogue, facilitate the exchange of best practices, and inspire the launch of diverse economic initiatives that support the country’s sustainable development journey. The session was […] The post Ministry of Economy and Tourism hosts ‘Ramadan Riyada Majlis’ in Dubai to empower Emirati women entrepreneurs and inspire innovation appeared first on Web-Release.

Kuwaiti economist and founder of Al-Wathiqa Regional Real Estate, Abdulrahman Al-Husseinan, highlighted the strength of the UAE’s real estate market, describing it as one of the Gulf’s most resilient markets in absorbing geopolitical shocks, thanks to its diversified investment base and openness to global capital flows. He explained that the emirates of Dubai and Abu […] The post UAE Is Among the Most Resilient Gulf Markets in Absorbing Shocks appeared first on Web-Release.