Category: Sales

VIENNA, The price of OPEC basket of thirteen crudes stood at $92.13 a barrel on Tuesday, 4th October, compared with $90.68 the previous day, according to OPEC Secretariat calculations.   The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light… Continue reading OPEC daily basket price stood at $92.13 a barrel Tuesday

ABU DHABI, Celebrating the conclusion of the Women Economic Empowerment and Mentorship Programme, the Abu Dhabi Businesswomen Council, in co-operation with the Women Empowerment Committee by CCI France UAE, have organised a panel discussion on the importance of mentorship in businesses and entrepreneurship at the Chamber’s tower in Abu Dhabi. Dr. Khadija Al Ameri, Abu… Continue reading Abu Dhabi Businesswomen Council, Women Empowerment Committee by CCI France UAE highlight importance of mentorship

DUBAI, Dubai Industrial City, a member of TECOM Group PJSC, and M Glory Holding Group announced the opening of Al Damani’s new 45,000-sqft factory, which represents a major milestone in the manufacturing of electric cars to meet a rising demand for green mobility to reduce global carbon emissions. The new plant houses the temporary assembly… Continue reading Dubai Industrial City announces opening of Al Damani Electric Vehicle Manufacturing Factory

Dubai, UAE – The value of the UAE e-commerce market is expected to reach $9.2 billion in 2026, while the sector’s share of total retail sales in the UAE is projected to reach 12.6 percent by the same year, new analysis from Dubai Chamber of Commerce has revealed. The study, based on data from Euromonitor and… Continue reading UAE e-commerce market forecast to reach $9.2 billion by 2026

DUBAI, With the expansion of GCC urban areas, municipalities in the GCC are challenged to handle the ever-increasing waste generation through the existing landfill strategies. However, many GCC countries are already investing to improve their waste management, with deals soaring in volume and value in 2019, according to a new report by Boston Consulting Group… Continue reading Up to $85 billion needed in investments to achieve sustainable waste management in GCC

ABU DHABI, Multiply Group, an Abu Dhabi-based holding company, has acquired 80% of International Energy Holding LLC (IEH).   International Energy Holding recently acquired a 50% stake in Kalyon Enerji Yatrimlari A.Ş., a market-leading clean and renewable energy company based in Türkiye. Under IEH, Multiply Group aims to continue expanding its utilities and energy investments… Continue reading Multiply Group acquires 80% of International Energy Holding to grow its utilities portfolio

VIENNA, The price of OPEC basket of thirteen crudes stood at US$90.68 a barrel on Monday, compared with US$92.34 the previous Friday, according to OPEC Secretariat calculations.   The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran… Continue reading OPEC daily basket price stands at $90.68 a barrel Monday

RAS AL KHAIMAH, H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, said that the emirate of Ras Al Khaimah is a leading partner in the global efforts to achieve sustainability by developing the energy sector, in line with the UAE’s relevant approach, which has enhanced its stature… Continue reading RAK Ruler opens inaugural RAK Energy Summit

ABU DHABI, ADQ, an Abu Dhabi-based investment and holding company, today published its ADQ FWD paper, which examines the opportunities and areas for investment to accelerate digital capabilities in the logistics industry in the UAE, promoting economic competitiveness and sustainable growth in the region.   With the UAE’s logistics market predicted to grow by 8.41… Continue reading ADQ paper explores future of logistics to foster digitalised supply chain

RIYADH, Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, yesterday headed the UAE delegation participating in the 117th meeting of the GCC Financial and Economic Cooperation Committee, which was held in Riyadh, Saudi Arabia, with the aim of discussing the progress of work on GCC economic integration, as well as a number… Continue reading UAE participates in 117th meeting of GCC Financial and Economic Cooperation Committee

DUBAI, The value of the UAE e-commerce market is expected to reach US$9.2 billion in 2026, while the sector’s share of total retail sales in the UAE is projected to reach 12.6 percent by the same year, a new analysis from Dubai Chamber of Commerce has revealed.   The study, based on data from Euromonitor… Continue reading UAE e-commerce market forecast to reach $9.2 billion by 2026: Dubai Chamber of Commerce

Dubai, UAE – Dubai Chamber of Commerce recently hosted the Used Cars Showroom Business Group for a meeting at its headquarters, where members of the group discussed market trends, opportunities and challenges emerging within Dubai’s used car market.   The meeting was attended by Mohammed Bin Sulaiman, Director of Business Relations at Dubai Chamber of… Continue reading Dubai Chamber of Commerce examines opportunities emerging in used car market