Strategic partnerships with Amazon and noon drive SME growth and digital adoption, strengthening Dubai’s position as a global e-commerce hub Dubai’s digital economy is accelerating at record pace as the Dubai Traders programme, led by the Dubai Department of Economy and Tourism (DET) in collaboration with Dubai Chambers, marks a remarkable first year. Since its […] Follow on Twitter @DubaiChronicle
Author: Mahdeehassan
Dubai, UAE – APT Global, the Dubai-headquartered marine and offshore engineering services provider, has announced the publication of its first Environmental, Social, and Governance (ESG) Report, alongside the opening of a sustainability-focused accommodation facility, Hayat Haven, for 400 workers.The two milestones serve to highlight the company’s strategic focus on improving its environmental footprint, establishing transparent governance practices, and prioritising employee wellbeing across its operations.Highlights from APT Global’s ESG reportThe company’s inaugural ESG report provides a comprehensive overview of the company’s achievements in environmental stewardship, social responsibility, and governance excellence over the past year.Environmental and GHG achievementsOn the environmental front, APT…
Dame Anna Wintour, Candace Bushnell, and other global icons join forces to discuss leadership, financial empowerment, and the future of women’s success. On November 1–2, Dubai once again became the epicenter of a global community of women leaders. The WE Convention (Women’s Empowerment Convention) — the world’s largest women’s empowerment event organized by the WE […] Follow on Twitter @DubaiChronicle
Muscat, Oman : The Sustainable City – Yiti, Oman’s flagship sustainable development and the region’s pioneering net-zero emissions community, has achieved a major construction milestone, completing 17 million safe working hours without a Lost Time Injury (LTI). This remarkable achievement reflects the project’s uncompromising commitment to safety, quality, and human wellbeing,Developed by Diamond Developers, a subsidiary of SEE Holding, in partnership with Oman Tourism Development Company (OMRAN Group), with on-site construction led by Sustainable Development and Investment Company (SDIC), The Sustainable City – Yiti applies rigorous safety and quality standards at every stage of delivery. These measures ensure execution with…
Abu Dhabi, United Arab Emirates – Abu Dhabi-based NIP Group Inc. (“NIPG”) (NASDAQ: NIPG), a leading global digital entertainment company, today announced a major expansion of its Bitcoin mining and high-performance computing operations, increasing its total capacity to approximately 11.3 EH/s. This milestone strengthens NIP Group’s position among the top publicly traded Bitcoin mining operators globally and establishes it as the largest Bitcoin-mining company in the Middle East and North Africa (MENA) region by current disclosed capacity.This expansion enables NIP Group to generate approximately 160 Bitcoins per month, depending on network conditions. More importantly, it reinforces Abu Dhabi’s growing role…
Riyadh: Echelon Digital Group, the Saudi technology holding company that delivers innovation to businesses across the Middle East announced, together with Elutions, Inc., a U.S.-based artificial intelligence software company, the signing of a strategic partnership to deploy Elutions’ Maestro AI platform across industrial and energy enterprises in Saudi Arabia and the Middle East.Commenting on the signing of the agreement, His Highness Prince Khaled bin Badr Al Saud, Chairman of Echelon Digital, said: “Echelon Digital’s partnership with Elutions represents an important step toward harnessing the power of artificial intelligence to enhance operational efficiency, strengthen competitiveness, and empower various sectors with the…
Egypt’s real estate developer Jnoub Koronfil Developments has taken a new step to reinforce the status of its flagship project, Najma Walk, as one of New Cairo’s leading mixed-use business hubs, by signing a partnership agreement with Queens Royal Hospital, a prominent medical institution specializing in obstetrics, gynecology, and pediatric surgery.The signing ceremony was attended by Mr. Mohamed Kadry, Board Member of Jnoub Koronfil Developments; Dr. Montaser Abdel Baky, Board Member, Board Member; Eng. Mahmoud Shalaby, Board Member of Jnoub Koronfil Developments; Prof. Dr. Mohamed Yehia, Chairman of Queens Royal Hospital; Prof. Dr. Gasser El Bishry, Board Member of Queens…
• FX Super One UAE sales officially open on October 28, with the first B2C preorder payment completed by crypto. DUBAI, United Arab Emirates – (November 03, 2025) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced better than expected preorder results following the Middle East final launch of its FX Super One. Within 48 hours of the launch event, the Company received three non-binding non-refundable paid preorders covering over 200 units from B2B partners, underscoring strong market confidence from strategic collaborators.One user successfully…
Arab Bank Group reported solid results for the first nine months of 2025, with 9.3% increase in net income after tax reaching $ 818.1 million as compared to $748.6 million for the same period last year. The Group maintained its strong capital base with a total equity of $ 12.9 billion.This growth was fueled by higher activity in core banking operations and an expanded customer base in the Group’s key markets. The Group’s Assets grew by 8.9% to reach $76.8 billion, with a loan portfolio net growth by 8.6% to $ 37 billion, and deposits grew by 8% to reach…
Kuwait City: During a meeting of its Board of Directors on Thursday, October 30, 2025, Boursa Kuwait announced that it has achieved strong consolidated financial results for the period ended September 30, 2025 as the company recorded a net profit of KD 23.05 million for the first nine months of the year, marking a notable increase of 59.81% compared to the KD 14.43 million reported for the same period in 2024.Operating Performance and Key Growth IndicatorsBoursa Kuwait’s results reflect the strength of the Group’s operational performance, as the company recorded substantial growth across its key performance indicators:Operating Revenues: Operating revenues…