Its net profit spiked to US$3.7 billion in 2023.
EGA is to buy 100 percent of firm from Leichtmetall Holding.
The debut bond that will be issued on 14 Sept was oversubscribed 3.8 times.The bond was 3.8 times oversubscribed after attracting local, regional, and international investors that placed total orders of over $1.9 billion.
The bank said it has embedded ESG into its corporate strategy and has aligned its sustainability approach to the UAE’s ambitions for an inclusive, net-zero economy.
Real estate transactions in the Emirate of Sharjah totaled US$544 million (AED 2 billion) in August 2022, according to the...The total number of transactions according to SRERD records, during the past month amounted to 2,409.
Mortgage transactions amounted to 303, which is 12.6 percent of the total transactions, with a value exceeding $193 million.
Dubai Electricity and Water Authority is committed to promoting Emiratization in its various divisions by adopting an integrated strategy to...The MD & CEO of DEWA said that the percentage of Emiratization at DEWA has reached 88.14 percent in senior management.
DEWA has launched several pioneering projects and programs for the employment of Emiratis.
Abu Dhabi, UAE -- Louvre Abu Dhabi and New York University Abu Dhabi (NYUAD) signed an MoU to collaborate in areas...The MoU involves exchanges among faculty, staff, and students through programmes, events, and research projects and mutual access to institutional facilities.
The two institutions have collaborated on Reframing Museums, a live, virtual symposium on the challenges and responsibilities facing museums in the light of Covid pandemic.
The UAE financial markets on Wednesday posted gains of over US$2.72 billion (AED10.billion) in market cap driven by upbeat sentiments...The UAE financial markets on Wednesday posted gains of over US$2.72 billion (AED10.billion) in market cap driven by upbeat sentiments.
Abu Dhabi index (FTFADGI) rose 0.566 percent to 9,717.38 points while Dubai General Index (DFMGI) slid 0.406 percent to 3,382.31 points.
The bank offering will be denominated in Saudi riyals.Investors, according to the bank, shall subscribe to a minimum of $66,533, with a return rate yet to be determined
Riyad Capital will act as the sole lead manager and book runner for the potential Tier 1 capital sukuk offer
Campaigners say this "significant misalignment" between communication strategies and business plans could allow five of the biggest privately-owned energy firms...Public communications of five energy majors were found to contrast with their planned capital expenditure for 2022
The analysis found that Shell had the largest disparity between its green talk and actual low-carbon investment
The UAE has agreed to deepen collaboration with India in the field of education, and in this regard the two...An original MoU was signed in 2015 between India and the UAE in the field of education, but it expired in 2018
It is expected to rejuvenate educational cooperation and increase academic mobility between India and UAE, besides facilitating exchange of information
- A cloud-based HR platform can help HR teams automate and streamline business processes to focus on attracting and nurturing talent....
For any small and medium business, a modern human resources platform can be a powerful tool for transforming the acquisition, engagement and management of people
A cloud-based HR platform can help HR teams automate and streamline business processes to focus on attracting and nurturing talent beside automating repetitive activities
A day after it returned dozens of antiquities to Italy, United States has now returned 16 antiquities worth $16 million...Nine of the pieces had been in the possession of Michael Steinhardt, described as one of the world's largest collectors of ancient art
In 2021, Steinhardt was forced by US authorities to return 180 stolen ancient artworks worth a total of $70 million
