The airline reported record revenue of US$32.49bn in 2023.
- The 39-year-old mixed business with pleasure while in Japan, going skiing with his family and learning about sword-making from a...
The bank, which is a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, has also been...The bank, a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, has also been assigned an ‘aa-’ Government Support Rating
The EDB has contributed AED1.91 billion to the UAE’s GDP growth following the launch of its new strategic vision
However, it warned of a $4-8bn hit from Covid and supply chain woes.The iPhone-maker enjoyed another solid performance for the period ending March 26, registering record revenues for the quarter
However, executives said the difficulties of the pandemic have returned with a vengeance since the reporting period ended
With box offices bouncing back from the Covid-19 pandemic, and Netflix stock plummeting after its first loss of subscribers in...Releasing films on big screens before offering them to subscribers would have seemed anathema to Netflix's successful business model
It is this model that has already sent the likes of Disney and Warner scrambling to catch up in the so-called streaming wars
Having struggled to deal with the loss of a loved one and postpartum depression, Hammad and Takalam co-founder Inas Abu...“Breaking taboos around mental health is the need of the hour,” said Emirati entrepreneur Khawla Hammad
Takalam co-founders Inas Abu Shashieh and Hammad acknowledge that embracing vulnerabilities is often the first step to improving mental health
A total of 21,615 real estate transactions worth AED 6.3 billion ($1.71 billion) were executed in Sharjah during the first...March witnessed the highest value of transactions with a total of AED2.7 billion, recording an increase by 32.3 percent compared to February.
Sector-wise, residential properties topped the list of properties sold in the emirate with 1,225 properties,.
The results represent the highest quarterly net profit in the bank's history.The bank's total income reached AED 7.3 billion and includes an AED 2.8 billion net gain on the disposal of majority stake in payments business Magnati.
Core underlying performance was healthy, driven by higher net interest income, a pick-up in fees and commissions.
- Dubai has set up a $100 million venture capital fund in order to provide financial support to fintech startup companies....
“We are committed to create a vibrant business environment and provide the opportunities to promote excellence,” Sheikh Hamdan said in a statement
The fund is expected to contribute around 1 billion dirhams ($815 million) to the country's GDP during the eight-year implementation period
- The new logistics park is scheduled to open in 2023.
The purpose-built trading and logistics development will accommodate the growing number of warehousing, processing and logistics activities carried out in Dubai, JAFZA said.
Jafza’s logistics cluster is home to over 460 companies from 30 countries, almost all international logistics providers which already operate from the free zone.
The British firm reported $14.5bn revenue in Q1.Unilever said in a trading statement that its higher prices had turned off some customers, with volume of sales down one percent
Inflation, which was accelerating sharply as economies reopened from Covid lockdowns, has worsened following Russia's invasion of Ukraine
- China will slash coal import tariffs to ensure energy security, the finance ministry said Thursday, the latest move to cast...
Beijing is the world's biggest importer of coal, but import volumes dropped in the first quarter of the year and energy prices have surged globally
Policymakers in Beijing have long walked a tightrope balancing climate objectives with domestic growth
