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Careem is a Dubai-based super app with operations in over 70 cities, covering 10 countries across the Middle East, Africa, and South Asia regions. [2] The company, which was valued at over US$2 billion in 2018, [3] became a wholly-owned subsidiary of Uber after being acquired for $3.1 billion in January 2020. [4]
In 2015, the average Dubai customer saved over AED 6,000 (US$1,600) with the Entertainer App, which has seen over 2 million buy one get one free mobile offers redeemed in the UAE alone. [ 7 ] In July 2018, Bahrain's’ GFH Financial Group announced an investment partnership with Al-Futtaim and Al Zarooni Emirates Investments to complete its ...
FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business licenses to foreign-owned businesses. Each Free Zone is designed around one or more industry categories and only offers licenses (e.g. for a Free Zone Enterprise (FZE)), to companies within those categories.
There are a few Free Zones in UAE that offer Dual Business License for investors. [4] It is expected to allow them to do business in the Free Zone [5] as well as in the mainland of UAE using the same business license. For Example, Sharjah Publishing City (SPC) Free Zone offers a Dual License for the investors enabling them to easily offer ...
The business also launched an online money transfer brand, Money2anywhere.com. XPay; a mobile bill payment application was also purchased in India. [ 7 ] In 2009 it became an Authorised Payment Institution with the UK financial regulator Financial Services Authority (which later became the Financial Conduct Authority ).
du's device and application IoT management platform allows users to connect and control devices remotely, monitor conditions and generate advance real-time analytics. du offers a multi-tenant platform with integration capabilities that can be based on the cloud or be on premise, with plug-in suite for AI machine learning, enabling business ...
Founded as the Bank of Oman in 1967, it now offers online banking and e-commerce. [ 5 ] [ 6 ] Mashreq has 16 overseas offices in 13 countries, with corporate banking businesses in Bahrain , Qatar , Kuwait , and India , as well as corporate and retail banking in Egypt and foreign exchange businesses in Bangladesh , Pakistan , and Nepal .
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
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