Washington, US - Former US Treasury Secretary Steven Mnuchin on Thursday said he is putting together a team of investors to...
ABU DHABI, UAE – The United Arab Emirates and Hungary have signed an economic cooperation agreement aimed at stimulating trade...
The UAE continues to maintain its regional and international leadership as a distinguished travel destination and a preferred country for...The UAE has strengthened its position on the world tourism map, becoming a leading international tourism destination.
UAE is in the top 10 country in several international competitiveness indexes related to the tourism, travel and hotels sectors in 2021
Abu Dhabi Ports and Hutchison Ports have signed an MoU to identify joint investment and business opportunities related to feedering,...They will partner to operate within Tanzania to enhance the capabilities and market competitiveness of port operations in the country, including Dar Es Salaam Port.
Potential areas of focus include improving servicing to several of Tanzania’s landlocked remote areas and neighboring countries.
Uber revenue more than doubled to $8.1 billion in Q2. Uber reported better-than-expected revenue in Q2, fueled by strong demand...Uber reported better-than-expected revenue in Q2, fueled by strong demand for the San Francisco-based company's ride-hailing and food delivery services
Revenue more than doubled to $8.1 billion in the three months through June -- a 105 percent increase
During the meeting, the minister emphasized the UAE's commitment to solidifying its economic and trade partnership with Mongolia to support...Minister of Economy Abdullah bin Touq Al Marri held a meeting with Ambassador Extraordinary and Plenipotentiary of Mongolia to the UAE Odonbaatar Shijeekhuu
The meeting was held in Dubai with an aim to strengthen trade and economic cooperation between the UAE and Mongolia
Krush Brands, a food technology and multi-kitchen food service company, became the first business to join the UAE’s NextGen FDI...Krush Brands will relocate its global headquarters to the UAE to triple its growth by creating 700 jobs within two years and moving its technology arm from Europe.
The NextGenFDI initiative complements other initiatives, such as the National Programme for Coders, which offers golden visas to 100,000 coders.
The profit surged by 471% compared to Q1 2021The firm’s revenue reached AED576 million, a growth of 276 percent, soaring up from AED153 million in Q1-2021.
The company's total assets crossed AED4.1 billion for the first half of 2022, compared with AED1.4 billion for the year ending 2021.
British oil giant BP returned to profit in the second quarter on the back of soaring energy prices, following a...BP is the latest energy firm to post bumper earnings as oil and gas prices have soared following Russia's invasion of Ukraine
BP said in its earnings statement that it expects oil prices "to remain elevated in the third quarter due to ongoing disruption to Russian supply
The Saudi oil giant acquired the company for $2.65bn.With the acquisition, Aramco deepens a bet on the long-term demand for petrochemicals
The oil giant has been expanding its presence in the sector, known as downstream, and bought petrochemical maker Saudi Basic Industries Corp in 2020
The company’s consolidated revenues reached AED 26.3bn.The company’s consolidated revenues reached AED 26.3 billion, an increase of 3.8 percent over the corresponding period last year at constant exchange rates
Consolidated EBITDA remained steady in reporting currency at AED 13.4 billion, while it increased by 4.1 percent in constant currency, resulting in an EBITDA margin of 51 percent
The Income Share Class B fund will be listed on ADX.The fund is a physical, in-kind, liquid and fully fungible exchange-traded fund (ETF), and will track the performance of Türkiye-listed, Shariah-compliant securities
The index is provided by S&P Dow Jones Indices and tracks the performance of the most liquid Shariah-complaint stocks listed on the Borsa Istanbul
