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

Dubai Police records 65,942 ‘transactions’ at smart police stations in H1

Dubai, UAE-- During the first half of 2023 the Dubai Police has recorded some 65,942 smart transactions at its 22...
  • According to the police, some 66,000 smart transactions were processed without any human intervention, including the lodging of 16,000 reports
  • Major General Ali Ahmad Ghanim said residents and visitors expect top-notch police services that are both innovative and convenient

At G20 meeting, UAE urges world to collaborate in scientific research

Mumbai, India--The UAE’s Minister of State for Public Education and Advanced Technology Sarah Al Amiri has urged the global community...
  • Al Amiri made the remark during her address to ministers at the G20 Research and Innovation Initiative Gathering (RIIG) in Mumbai
  • She said that the UAE will invest some $160 billion in the next 30 years to further develop and deploy green innovations

Iran emerging as a hub for health tourism in West Asia: Raisi

Tehran, Iran--Iranian President Ebrahim Raisi has claimed that health tourism in the country has attracted patients from neighboring countries and...
  • The Iranian president claimed that patients from Central Asia and Middle East have chosen Iran over Europe to come for medical treatment
  • In May, Iranian health minister said that last year more than 1.2 million foreign patients had been to hospitals in the Islamic Republic for various treatments

Libya court imposes prison terms on three for human trafficking

One of the three, whose identities and nationalities were not given, was sentenced to life in prison and the other...
  • Libya is constantly slammed for its handling of migrants with rights groups alleging mistreatment by smuggling groups
  • With Italian shores just 290 kilometers away, Libya is a key launchpad for migrants who are often escaping conflict and poverty

DEWA exhorts customers to adhere to its safety standards

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has exhorted community members to ensure that safety standards are always in place...
  • To improve the efficiency of electricity and water consumption in the emirate, DEWA has ruged customers to follow its tips and guidelines
  • Customers should switch off lights, use a timer for any floodlights in gardens and fences and shut off the water supply, recommends DEWA

Abu Dhabi frames new grazing regulations to protect rangelands

Abu Dhabi, UAE-- In order to protect natural rangelands and promote sustainable traditional grazing practices, the Environment Agency – Abu...
  • The introduction of the new policy by the agency will ensure the recovery of vegetation cover and promote the sustainability of biodiversity
  • The new regulation mandates that licensees should stay away at least 2km from protected areas, forests, residential, military and private areas

AD Ports Logistics signs deal with Acino for freight services

Abu Dhabi, UAE-- AD Ports Logistics (ADPL) has signed an agreement with Acino to provide the Swiss company with global...
  • AD Ports Logistics will take advantage of its pharma cold chain capabilities to transport vital medications from Acino's locations to markets in the MENA region
  • It offers a whole host of healthcare business solutions comprised of freight forwarding, contract logistics, transportation, and distribution solutions

Bahrain, UK sign MoU to preserve biodiversity and curb marine pollution

London, UK--Bahrain and the United Kingdom have signed a memorandum of understanding (MoU) on biodiversity and marine pollution. The MoU...
  • The agreement will enable the two countries to explore areas of cooperation in monitoring the environment, marine life, biodiversity and safety from pollution
  • Both Bahrain and the UK, under the terms of the MoU, will exchange scientific and technical information, visits, training, research and cooperative projects

Iran signs oil contracts worth US$40bn in last 20 months: Javad Owji

Tehran, Iran-- Iran has signed oil contracts worth $40 billion with domestic and foreign companies during the last 20 months....
  • The Iranian minister made the remarks at the second ministerial session of the 8th OPEC International Seminar in Austria
  • He said Iran was producing 3.8mn barrels of crude oil and gas condensates and more than one billion cubic meters of gas a day

UAE is focused on uniting parties in a COP that delivers for all: Al Jaber

Dr. Sultan bin Ahmed Al Jaber believes that the Caribbean region will have a key role at COP28 in bringing...
  • Al Jaber was addressing the conference of the heads of government of the Caribbean Community (CARICOM) in Trinidad and Tobago
  • The minister felt that donor countries need to be nudged in order to deliver the US$100 billion pledge that they made over a decade ago

Iran and Russia to sign new contracts to develop oil, gas fields

Tehran, Iran-- Iran and Russia have agreed to sign new contracts on developing oil and gas fields, according to the...

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Gupco begins pumping oil in Egypt

The production started at the first well in the Gulf of Suez.

New investors throng Dubai Financial Market to open accounts

Dubai, UAE--Brokerage firms at the Dubai Financial Market (DFM) opened 57,054 new investor accounts in 2023, marking a significant increase...

Iran-Azerbaijan trade registers 46 percent jump in 2022

Tehran, Iran-- Trade between Iran and Azerbaijan has registered a 46 percent jump in 2022, according to the deputy prime...

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Visitors flock to Sheikh Zayed Festival, boosting exhibitors’ sales

Abu Dhabi, UAE--Sheikh Zayed Festival is witnessing a large public turnout from citizens, residents and tourists from all over the...
  • The Heritage Village saw a huge crowd of visitors buying products made by Emirati families, boosting the businesses and industries
  • Visitors can avail discounts on a wide range of products across all pavilions and sections, in addition to having new food experiences

UNSC committee adopts guiding principles on use of UAS for terrorist purposes

NEW YORK, US – The Counter-Terrorism Committee (CTC) of the UN Security Council adopted the "Abu Dhabi Guiding Principles" and...
  • The document is the first of its kind at the United Nations to address the increasing challenges posed by UAS in the context of counter-terrorism.
  • As the current chair of the Counter-Terrorism Committee, the UAE facilitated this crucial initiative, reflecting its commitment to global peace and security.

GCC Commercial Arbitration Centre to use AI in its operations

Manama, Bahrain-- The GCC Commercial Arbitration Centre has started to harness AI techniques, according to its secretary general, Dr. Kamal...
  • The initiative aligns with the prevailing trends of leveraging technologies in digital transformation and fostering development across diverse sectors
  • Al Hamad said that around 92 percent of legal institutions and judicial bodies in the world plan to increase their use of AI in legislative and legal case analysis