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Chinese EV manufacturer Nio to set up shop in the UAE before the end of the year
Plus: More healthcare and real estate news
Dubai hires 22 new chief AI officers
The officers were appointed across various Dubai government entities
Bank of America relocates London energy banker to Dubai + Sheraa promotes executive director to VP and Emirates Ins. taps COO
Plus: Sheraa promotes exec to VP
Mubadala-backed Zamp acquires rights to Starbucks brand, stores in Brazil + GFH gets shareholder nod to acquire Ithmaar Holding
The DFM-listed companies are continuing discussions for the acquisition
PMI growth softens in May amid post-flood disruptions
Dubai’s business activity also slumped to a 15-month low
Sidara gets access to due diligence on Wood Group
Plus: Dar Global eyes GCC expansion
UAE wants an AI “marriage” with the US, Al Olama says
The US has “frontier” and most cutting-edge technology, AI minister says
NMDC Energy to set up AED 367 mn facility in Kezad + Dubai public beaches get a revamp
NMDC Energy will invest some AED 367 mn (USD 100 mn) into the facility, which is expected to create 3k…
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