FedEx has a new air cargo hub at Dubai World Central
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Plus: Tech, banking, education, retail, and startup news
The new facility is expected to yield AED 1.2 bn in new trade
The partnership will also see them cooperate on AI, smart manufacturing, smart health, and aerospace
The partnership will involve finding ways to pursue the planned India-Middle East-Europe Economic Corridor
The firms breached the USD 60 / bbl price cap on Russian crude oil exports
The real estate giant’s revenues stood at AED 26.7 bn during the year, up 70% y-o-y
Aldar’s investments include the purchase of a majority stake in Carlyle’s investment platform
SMEs make up 63.5% of UAE’s non-oil GDP
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