Dubai, UAE -- A total of 47 international companies have shown interest in developing the seventh phase of the Mohammed bin...
Abu Dhabi, UAE -- Hotel revenues in the UAE reached approximately AED 45 billion ( $12.24 billion) in 2024, reflecting...
Umm al Qaiwain, UAE-- National Bank of Umm Al Qaiwain (NBQ) has reported a net profit of AED364.52 million ($99...Total assets were at AED 13.605 billion, up 3.5 percent compared to December 2021, with a deposits-to-advances ratio of 126 percent.
The bank has maintained high liquidity with a stable resources-to-advances ratio of 159.21 percent as of 31 Dec 2022.
The permit can be applied for by the hotel on behalf of the event organizer or client for a fee...The permit can be applied for by the hotel on behalf of the event organizer or client for a fee of $340 per event and per day
All events, commercial and non-commercial, must apply for the permit at least 14 days in advance and submit the required documentation
Luxembourg--European Investment Bank (EIB) Global, a branch of European Investment Bank, announced on Monday that it will provide $27 million...The fund aims to increase targeted equity investment in high-growth e-commerce, health, and education technology companies across the Middle East and Pakistan
Venture capital investment is expected to support creation of more than 8,000 jobs
The insurance firm's net profit vaulted to $28 million.The earnings per share (EPS) amounted to QR 0.67 as of December 31, 2022 versus EPS QR 0.55 for the same period in 2021
The board recommended the distribution of cash dividends of 45 % from the share par value i.e. QR 0.45 for each share for the year 2022
The company's profit jumped to $80 million in 2022.The earnings per share (EPS) amounted to QR 0.156 as of Dec. 31, 2022, compared to EPS of QR 0.029 for the same period in 2021
It recommended a cash dividend distribution for the year 2022 amounting to QAR 0.1 per share, which is 10 percent of the nominal value of share
FY'22 turnover rose to $1.4 billion, up 65 percent YoY.The average seat load factor – or passengers carried as a percentage of available seats – for the full year stood at a high 80 percent.
Air Arabia’s Board of Directors proposed a dividend distribution of 15 percent of share capital, which is equivalent to 15 fils per share.
- Revenue in fourth quarter of 2022 was $630m.
The Group’s net profit for the full year 2022 was AED508.5 million compared to a pro-forma loss of AED636.7 million in financial year (FY) 2021.
The Group’s 4Q22 EBITDA was AED300 million, showing a continuing growth on the AED269 million achieved in the third quarter (3Q) of 2022.
- Aim is to develop hydrogen-based mobility pilot project.
The MoU between DEWA and ENOC was signed at the World Government Summit 2023 in Dubai.
The project will utilize DEWA's existing green hydrogen production facility and ENOC's knowledge of the fuel market.
Paris, UAE--The second technical UAE-France-India trilateral initiative has taken place in Paris during the visit of a UAE delegation from...UAE delegation was led by Assistant Foreign Minister for Economic and Trade Affaiirs Saeed Mubarak Al Hajeri.
The meeting discussed the adoption of the UFI trilateral cooperation roadmap.
Firm has proposed dividend of S$115 million for 2nd half 2022.The quality and sustainability of its services and advanced infrastructure has made it one of the world's largest player in the district cooling industry.
This performance reflects the confidence in Empower by its customers and stakeholders, and the economic boom of Dubai.
