Abu Dhabi Customs Showcases Advanced Digital Experience to Strengthen Trade Partnerships with Japan

Abu Dhabi: Abu Dhabi Customs, as part of the Abu Dhabi Economic Delegation’s visit to Japan, is showcasing key digital initiatives aimed at streamlining customs procedures and facilitating cross-border trade. The showcase also includes upcoming projects and strategic directions that support Abu Dhabi’s position as a regional hub for global trade and reinforce its role as a rising economic force. According to Emirates News Agency, Rashed Lahej Al Mansoori, Director-General of Abu Dhabi Customs, stated that this participation reflects Abu Dhabi’s commitment to strengthening its global economic presence, promoting its pro-business environment, and deepening cooperation with key global economies, particularly

Continue Reading ➜

Bank of Sharjah Reports Strong Q1 2025 Results with 45% Surge in Net Profit to AED116 Million

Abu Dhabi: Bank of Sharjah has announced a strong start to 2025, posting a net profit of AED116 million for the first quarter ended March 31, 2025, marking a 45% increase compared to AED80 million in Q1 2024. According to Emirates News Agency, the solid performance follows the Bank’s remarkable turnaround in 2024 and reflects continued momentum driven by sound strategy, disciplined risk management, and improved operational efficiency. The Bank’s first-quarter results were underpinned by a resilient balance sheet, prudent asset allocation, and a sustained focus on business growth. Operating income rose to AED201 million, up 40.6% year-on-year, while the

Continue Reading ➜

UAE Hosts BRICS Finance Track Meeting on Public-Private Partnerships and Infrastructure

Abu Dhabi: The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce on Public-Private Partnership and Infrastructure (TFPPPI). The meeting, held from 5th to 6th May in Abu Dhabi, brought together senior government officials, international experts, representatives of global financial institutions, and private sector leaders. According to Emirates News Agency, as part of the meeting, the Ministry of Finance organised a high-level seminar titled “A New Era of Growth: Reimagining Infrastructure Financing in BRICS Countries”, exploring ways to develop innovative mechanisms for financing infrastructure projects and

Continue Reading ➜

SAIF Zone Launches Pioneering Industrial Enzyme Production Facility in Middle East

Sharjah: Sharjah Airport International Free Zone (SAIF Zone) has taken a significant step forward in establishing itself as a prime location for innovative investment with the inauguration of the first industrial enzyme production facility in the Middle East. This groundbreaking facility has been set up by BeeyahTech Chemicals Industries FZC and spans over 8,600 square feet, with a total investment of approximately AED6 million. According to Emirates News Agency, the new facility aims to expand BeeyahTech Chemicals Industries’ reach into critical sectors such as petroleum, textiles, and detergents. By leveraging cutting-edge biotechnology, the company plans to offer sustainable, high-performance enzyme

Continue Reading ➜

Recent News