The company's profit surged to US$6.8bn last year.
- The net profit grew by 5.1 percent to $155 million.
Masdar City Free Zone has been facilitating the processing and submission of Golden Visas for eligible persons and their families...The Golden Visa is a 10-year residency for certain professions including specialized degree-holders and others.
Golden Visa is of particular relevance to Masdar City as it hosts more than 900 companies, says Executive Director Abdulla Balalaa.
The listing is part of the company's expansion plan.The company looks to strengthen its role as a partner in the UAE’s food security agenda, says the CEO.
EFI is currently in the final stages of completing a state-of-the-art dairy factory in Al Ain.
The net profit rose 10.61% in comparison to last year.The cost-to-income ratio stood at 32.22 percent in the first nine months of 2021
The Capital Adequacy Ratio improved to 41.37 percent
The UAE's payments industry, like several other countries in the world, suffered an impact far less severe than initially anticipated...Like other countries, the industry in UAE suffered the Covid-19 impact less severe than anticipated, according to Boston Consulting Group.
The national payment revenues in the UAE expected to grow by 67 percent between 2020 to 2030.
Qatar has tied up with Rolls Royce to set up a fund worth billions, investing in green engineering projects with...A sister campus would be built in Qatar
The project will be one of the largest inward investments by a foreign state to the UK
Jordanian Minister of Energy and Mineral Resources, Saleh Kharabsheh, has stressed the importance of developing the country’s electricity grids and...The minister said the world is witnessing a technological revolution in the energy field, especially the renewable sector, which should be taken advantage of
The minister also stressed the importance of the Arab electric connection and efforts to increase its capacity
Dubai CommerCity, the first and leading e-commerce free zone in the region, has partnered with e-commerce strategy consultant, Khaleej Digital.Khaleej Digital will support Dubai CommerCity in leading its customers’ digital transformation journey by designing, planning and executing an e-commerce strategy
By exchanging knowledge and expertise, the two entities will provide the free zone’s customers with an array of exceptional services
The investment is expected to improve operations at a UK plant.The company said that the investment will strengthen its operations
England’s Prime Minister Boris Johnson appreciated the decision of investment
Saudi Arabia is set to begin mining gold from one of the biggest reserves of the kingdom in the first...The project in the Makkah region is using renewable energy for 13 percent of its energy requirements with a plan to increase it
The Kingdom is currently producing about 400,000 ounces from five mines that were developed in the last 10 years
Public Investment Fund of Saudi Arabia has unveiled LIV Golf Investments and hand-picked former world champion Greg Norman to lead...The new events will be staged from 2022 across Europe, the Middle East and Asia in a move designed to help bolster the sport
LIV has created 10 new events to be staged annually on the Asian Tour over the next decade with $200 million of backing
