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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.
  • Oman looks to tap Brunei for cooperation

    Oman’s Foreign Minister Sayyid Badr Hamad Al Busaidi and Brunei Darussalam’s Second Foreign Minister Dato Seri Setia Haji Erywan bin...

    During the meeting, the ministers stressed on their keenness in promoting cooperation in various fields, especially in areas of joint investments

    They also exchanged views on regional and international matters of common interest

  • Facebook grilled over mental health fears

    Facebook study warned of the harm Instagram can do to girls' well-being

    Facebook study warned of the harm Instagram can do to girls' well-being

    A Facebook whistleblower is set to testify before senators on Tuesday

  • Seamless Middle East 2021 held in Dubai

    The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre.

    The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre

    Participants in the event included a number of international institutions and organisations, such as Harvard University, the UN and the World Bank

  • US Pavilion to inspire ‘spirit of freedom’: Commissioner General

    Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with...

    Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with spaces for 192 nations to connect

    Clark added that the USA Pavilion will welcome millions in-person and online

  • Kuwait Expo 2020 pavilion will be ‘biggest’ in terms of size and activities, says director

    DUBAI: Kuwait's participation at Expo 2020 Dubai is "biggest" in terms of pavilion size and range of activities, the pavilion's...

    The Kuwaiti pavilion, which has been designed to resemble water tower structures commonly found in the country, is constructed on an area of over 5,500 square meters.

    A total 200 government and private bodies representing diverse sectors are set to contribute to the booth over the coming six months.

  • Digital transformation helps GCC banks prosper

    Digital transformation brought about by COVID-19 has made banks more open to branchless and cashless banking enabling them to perform...

    Tech adoption amidst COVID-19 makes regional banks more open to branchless and cashless banking enabling them to manage better in H1 2021 than they did in 2020

    The margins of the regional banks were under pressure throughout 2020 and early this year, but they managed to stay afloat by reducing costs and improving efficiency

  • Dubai records weeklong real estate transactions worth $1.6 billion

    DUBAI: Dubai has recorded 1,592 real estate and properties transactions worth AED6 billion ($1.6 billion) in total during the week...

    A plot of land in Al Thanayah Fourth sold for AED59.5 million and an apartment for AED373 million in Marsa Dubai.

    Al Yufrah 3 recorded the most transactions for this week with 17 sales transactions worth AED15.66 million.

  • Breathtaking start of Expo 2020 Dubai

    Dubai opened its extravagant Expo 2020 on Thursday with a flashy ceremony boasting fireworks and lights displays as it attempts...

    The event kicks off a six-month world fair attended by more than 190 countries

    The Expo venue is alive with music, dance, drama and projections with its star-studded opening ceremony

  • Ajman Chamber reduces membership registration fee by 50 percent

    DUBAI: A 50 percent reduction in the membership registration fees in the Ajman Chamber of Commerce and Industry for new...

    The offer is valid only if the registration request is submitted between Oct 1 and March 31.

    The decision comes into force from October 1.

  • Expo 2020 launches official visitor app and business-focused app

    Expo 2020 Dubai has launched its official visitor app and a business-focused app.

    The official Expo 2020 app allows users to tailor their visit to the event, matching individual interests to create a personal schedule

    The Expo 2020 Business App matches users with similar interests and objectives among the business community