Ireland's data protection watchdog, acting on behalf of the European Union, launched an inquiry Friday into the use of personal...
- San Francisco, United States -- Artificial intelligence giant OpenAI has filed counterclaims against multi-billionaire Elon Musk, accusing its former co-founder...
SHARJAH, UAE - Chairman of the Department of Government Relations (DGR) in Sharjah Sheikh Fahim Al Qasimi recently met with...The Costa Rican delegation was briefed on Sharjah free zones and industrial zones.
The Costa Rican minister said the meeting explored opportunities to strengthen trade between the two sides.
AMMAN, JORDAN - A Jordanian ministerial delegation met with a number of Algerian ministers in the North African country on...Jordan and Algeria reached an agreement on a roadmap to advance economic, trade, and investment cooperation for the years 2023–2025.
The road map highlights key cooperation projects with the objective of expanding trade exchanges, inter-investment volume.
The net profit for the year was $31.96 million, the firm said.The company's total income grew 16 percent to AED 178.2 million in 2022, against the AED 153.7 million in 2021.
In a statement, the company said it has proposed dividends of AED 100 million, which is 88 percent of profit attributable to equity holders.
- Dubai, UAE -- Dubai real estate market recorded real estate transactions worth AED1.9 billion ($517 million) on Monday, Dubai Land...
These included 561 sales transactions worth AED1.7 billion, in addition to 100 mortgage deals of AED94.43 million.
The sales included 527 villas and apartments worth AED1.43 billion, and 34 land plots worth AED268.94 million.
It, however, posted a jump in revenue to $15.7bn.In a statement to the Hong Kong stock exchange, HSBC detailed the tough global economic climate international banks are facing
The bank said last year reflected "a strong overall financial performance", and announced a full-year dividend of $0.32 per share
- The company posted a record net profit of $3.2bn in 2022.
Its total revenues gained 7 percent to $18 billion in 2022
The company said that the higher profit was driven by an increase in revenues of $1.17 billion, which was offset by a slight increase in the cost of revenues by $220 million
Abu Dhabi, UAE--UAE Banks Federation (UBF) has signed a memorandum of understanding (MoU) with the Azerbaijan Banks Association to enhance...The agreement is designed to run various activities in the finance and banking sector jointly by both parties in order to exchange knowledge and experience
There has been a steep increase in trade exchanges and joint investments between the two countries, which increased by more than 100 percent in 2022
Qatar-based Gulf International Service has successfully accomplished the merger.The merger is an all-share combination of Amwaj with in-kind contribution from two new incumbent strategic merging shareholders
New strategic shareholders of Amwaj along with GIS have jointly agreed to make the Merger's effective date as the Jan. 1, 2023
DUBAI, UAE - PwC Middle East and Microsoft have strengthened their global partnership at LEAP event in Riyadh, to support...The collaboration will focus on cloud transformation, business process automation and technology consulting.
The partnership aims to strengthen businesses by providing access to cloud services that are scalable and secure.
DUBAI, UAE - Dubai International Financial Center (DIFC) continued to grow at a record-breaking pace in 2022 with the number...New companies registered in DIFC in 2022 surpassed the annual milestone of 1,000 for the first time in the Center's history.
In 2022, DIFC’s combined revenue exceeded US$272 million for the first time.
