Dubai FDI reaches out to US investors through webinars

Dubai: The Dubai Investment Development Agency (Dubai FDI) has reached out to potential investors and partners in the US to invest in Dubai’s technology, healthcare and logistics sectors. The outreach was a part of Dubai FDI’s strategy of virtual engagement in 2020, presenting an array of investment opportunities during the period when in-person trade missions […]

India’s Mahindra and REE sign commercial EV deal

Mahindra & Mahindra, part of India’s $19.4 billion Mahindra Group, and REE Automotive have signed a memorandum of understanding to jointly develop and manufacture electric commercial vehicles for global markets. The collaboration will leverage REE’s electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle […]

Telecom operator du all set to change business model, launch in fourth quarter 2020

Dubai: The Dubai headquartered telco, du, will shift to a new business model from the fourth quarter. The business operations are being “redesigned” with the introduction of five additional functions and lead to a “faster digital transformation”. “Winning in the future requires innovation, speed, efficiency, collaboration, and continuously exceeding our customers’ expectations.” explained Johan Dennelind, […]