Its net profit fell five percent to 13.1 billion kroner ($1.24bn).
- It will be its first foray into the electric vehicle sector.
The non-oil trade between the UAE and France increased by 8 percent from 2012 to 2021, from AED23.2 billion ($6.3...Their non-oil trade over the past decade amounted to over AED256.15 billion, with a total weight of 8.28 million tons.
Ornaments, jewellery and related products on top of the list of five leading goods imported from France in 2021, with a value of AED2.46 billion.
Dubai Financial Market (DFM) Monday welcomed the listing of Union Coop’s shares, becoming the first cooperative society in the UAE...Union Coop is the first cooperative society in the UAE to list its shares and Dubai Financial Market welcomes the step
The listing supports the efforts of market participants to further develop Dubai's financial markets
Dubai Chamber of Commerce achieved record growth in new membership in the first half of 2022 as more than 21,000...A total of 2,326 ATA Carnets were issued and received by the Chamber in H1-2022, recording a 32 percent y-o-y increase.
The number of e-transactions increased 10 percent over the same period to reach over 378,000.
Dubai Electricity and Water Authority (DEWA) commissioned a new 400/132 kV substation in Al Qusais Industrial Area 5, and 10...DEWA commissioned one 400/132 kV substation in Al Qusais Industrial Area 5 of Dubai in the first half of 2022
Across Dubai 10 more 132/11 kV substations in different areas were commissioned in the first half of 2022.
The company began trading in London on Monday.The new company -- which owns brands including Sensodyne toothpaste, pain relief drug Panadol and cold treatment Theraflu -- was worth lower than an expected £40 billion.
GSK's share price tumbled 20 percent in early London trading following the demerger.
Stocks rose Monday following a rally on Wall Street in response to data indicating US consumers remained resilient to surging...Still, investors continue to fret over the economic outlook, with Russia's war in Ukraine showing no sign of ending
Policymakers have made it clear their main goal is bringing inflation down from a four-decade high, even if that stunts growth or causes a recession
- H&M, which has operated in Russia since 2009, said it would reopen stores in Russia "for a limited period of...
H&M, which has operated in Russia since 2009, said it would reopen stores in Russia "for a limited period of time to sell remaining inventory" as part of the exit process
It said the entire wind-down was expected to cost the group around 2.0 billion Swedish kronor ($192 million), of which around 1.0 billion would have a cash flow impact
Sheikh Mohamed's visit is expected to conclude with 'the announcement of guarantees given by the UAE on quantities of hydrocarbon...A key facet of the trip is likely to be the unveiling of "guarantees given by the UAE on quantities of hydrocarbon supplies to France"
MOUs and contracts are also expected to be signed in the transport and waste treatment sectors during the three-day visit
- The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various...
Relations between the UAE and France date back to establishment of the UAE Federation when some French firms such as 'Total' helped UAE explore oil
The past years witnessed dozens of agreements and MoUs between the two countries in various economic, cultural, military and environmental fields
The tourism sector of the Jordanian economy has seen a huge growth, with more than 1.9 million visitors arriving in...Tourism Minister Nayef Al-Fayez described the situation as reassuring
He said the return of expatriates was an important component of the country’s tourism economy and that tourism revenue was calculated by the Central Bank
