UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

Abu-Ghazaleh enters the global market in 3 continents

  TAGITOP-UNI C, an educational device, is manufactured in China The device comes with an Intel N4100 - 4M processor...

UN nuclear watchdog ‘concerned’ over undeclared Iran sites

The UN nuclear watchdog also claimed its enriched uranium stockpile was 16 times over the limit These are the first...

Grandiose opens new hypermarket in Abu Dhabi

  The hypermarket is the largest within the Grandiose chain The new store has a section dedicated to local produce...

3M appoints new VP, MD to lead MEA

  Svinger will oversee the strategic expansion of 3M across the region The appointment further strengthens 3M’s developing business in...

Family Business Council Gulf to host first ‘Family Business Awards’ in GCC

  Award categories are SME Family Business, Non-Family Executive, NexGen Venture and NexGen Innovation Family businesses contribute to 60 percent...

Businesses in Dubai urged to provide Beneficial Owner data

Businesses can visit Dubai Economy eServices page or outsourced service centers to submit data Furnishing data is required under the...

Dubai records 10% energy demand growth, 10% peak load increase

  Demand for energy increased in the first five months of 2021 to 16,467 gigawatt hours, compared to 14,988 GWh...

Cummins’ marine segment gains from a spike in oil price

  Marine segment is a critical market for Cummins in the region Cummins offers both commercial and recreational marine diesel...

Midday work ban in UAE to last till Sept 15 from Jun 15

An employer will have to pay for any time exceeding the 8-hour shift Violators to pay a fine of $1361...

UAE, Japan to launch business council

It will also look to generate more value from joint investments, and encourage communication between relevant government authorities The sides...

Deutsche Bank to slash 3,500 jobs

The bank said it would buy back shares and pay dividends.

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Jordan takes measures to cut effect of global crises on food security

Amman, Jordan-- Jordan has taken measures to hedge against the impact of international crises on food security and lower its...

Adnoc and Occidental sign deal

They will conduct a study to build a direct air-capture facility.

Kazakhstan’s BSG Technology to set up business in UAE next year

Abu Dhabi, UAE-- Kazakhstan's BSG Technology is looking to expand its operations into the Middle East, and begin operations in...

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UAE to generate 19.8 gigawatts of clean energy by 2030: Al Mazrouei

Abu Dhabi, UAE-- The UAE will produce 19.8 gigawatts of clean energy by 2030, Suhail bin Mohamed Al Mazrouei, Minister...
  • The minister informed the audience at ADIPEC 2023 that the UAE intends to work towards producing 1.4 million metric tonnes of low-carbon hydrogen per annum by 2031
  • He told a global audience of energy leaders at the opening of the event in Abu Dhabi that an International collaboration is crucial to addressing energy challenges

Abu Dhabi Oil Company to hike investment in UAE oil sector

Abu Dhabi, UAE--Abu Dhabi Oil Company (ADOC) is planning more investments and expansions in the UAE, according to a senior...
  • Talking to the media at ADIPEC 2023, Shingai said the company was planning to expand production facilities and increasing extraction rates
  • He noted that ADOC played a key role in advancing ties between the UAE and Japan through its investment projects in the UAE oil sector

Iran foreign trade posts 4.84% jump to US$54.6bn in last six months

Tehran, Iran-- Iran's foreign trade has registered a 4.84 percent jump to $54.6 billion between March and September this year....
  • The exports posted a 29 percent increase in weight and 2.6 percent decline in value compared to last year’s corresponding period
  • Some 17.6m tons of goods, valued at $30.4bn, were imported into the country in the first half of the current Iranian calendar year