investment

Expo Centre Sharjah Registers 20% More Events H1 2019

Expo Centre Sharjah Registers 20% More Events H1 2019

Sharjah: The Expo Centre Sharjah revealed that the first half of 2019 has recorded a notable hike in the number of companies that made their debut in the Expo Centre exhibitions, with a ratio of 20%. “This reflects the Expo Centre’s global reputation as a pioneering and prominent destination for exhibitions and conferences industry around the world,” added Expo Centre. The centre pointed out that the exhibitions and conferences organized and hosted in the first half […]

KSA Investor Interest in Dubai Real Estate on the Rise

KSA Investor Interest in Dubai Real Estate on the Rise

Dubai: Azizi Developments, one of the leading private developers in the UAE, recorded an 8% increase in sales to investors from the Kingdom of Saudi Arabia (KSA) between 2018 and 2019. While UAE nationals still make up the largest customer demographic with 52%, KSA nationals now constitute 25%, followed by India with 10%, and Pakistan with 4%. The rest comprises investors from the GCC region, Europe, and China. KSA nationals are known to be knowledgeable and […]

Alliance Ventures Invests to Boost Electric Mobility

Alliance Ventures Invests to Boost Electric Mobility

Dubai: Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, announces an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions. That investment is the latest by Alliance Ventures in start-up, early-stage development and entrepreneurs at the cutting edge of next-generation technology for the automotive industry. The Mobility House is based in Germany, Switzerland and California’s Silicon Valley. “Alliance […]

DIFC to Roll-Out Employee Workplace Savings Scheme

DIFC to Roll-Out Employee Workplace Savings Scheme

Dubai: Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, in line with recent global employee benefits trends progresses with the DIFC Employee Workplace Savings (DEWS) scheme. The scheme is part of evolving end-of-service benefits within the Centre from a defined benefit structure to a funded and professionally managed defined contribution plan. The new plan, set to launch from January 2020, will offer a […]