The firm posted a year-on-year net profit rise of 316 percent.
With Vision 2030 steering the economic diversification, Saudi banks face challenges and opportunities in liquidity, asset quality, and navigating geopolitical...
The facility is in line with EDB's strategy to support large corporates.The bespoke credit facility additionally benefited from the comprehensive trade credit solutions provided by Etihad Credit Insurance (ECI).
The facility will be utilized to support Lamprell in delivering two new build jack-up rigs for IMI which are currently under construction.
The acquisition is part of Al Qudra's diversification strategy.Al Qudra Holding, founded in 2005, has a large portfolio of customers including Manarah Bay, a multi-usage project covering about 52,000 square meters in Abu Dhabi.
The frim operates as an investment holding company and focuses its investments and strategic partnerships in sectors such as oil and gas.
The World Trade Center will deliver and oversee a new world-class regulatory framework of Virtual Asset legislative and enforcement policies.The announcement follows the efforts to further develop Dubai virtual assets and markets, includes creating a framework for financial products.
The Dubai World Trade Centre will collaborate with the private sector and relevant entities in Dubai to create an attractive environment for the sector.
French lending giant BNP Paribas said Monday it had sold its US retail and commercial banking arm Bank of the...BNP has owned the bank since 1979 and operates 555 branches in 20 US states, with over 9,000 staff.
The French lender said the US arm had accounted for around five percent of its group-wide pre-tax earnings of between 12 and 14 billion euros in recent years.
Dubai airport, one of the world's busiest travel hubs, is fully operational for the first time since the coronavirus pandemic...Travel via Dubai increases at the end the year, with foreigners -- who make up the majority of the emirate's population -- heading home for the holidays.
Since the pandemic began, the UAE has registered over 744,400 cases, including 2,152 deaths.
Dubai is now home to 15 marinas with more than 3,000 berths, which can accommodate an array of pleasure craft...Dubai is now home to 15 marinas with more than 3,000 berths, which can accommodate an array of pleasure craft and luxury yachts as well as superyachts and gigayachts
More than 200 superyachts were registered across the Middle East as of 2019 with Dubai being the base for many of these vessels, says a report by Oxford Business Group
The UAE announced Sunday it will no longer censor cinematic releases, introducing a 21 and above age rating for films...The UAE has decided that it will no longer censor cinematic releases
The country has introduced a 21 and above age rating for films it classifies for mature audiences
Abu Dhabi Ports Group has signed an agreement with the Aqaba Development Corporation (ADC) of Jordan to build a cruise...It will be the first facility to be developed by AD Ports Group in Jordan.
Under the agreement, AD Ports Group's digital arm, Maqta Gateway will also manage the implementation of an advanced Ports Community System.
Alpha Dhabi Holding, the Abu Dhabi-based conglomerate, has announced that it will be investing about AED1 billion in the Abu...Alpha Dhabi has announced targeting AED8 billion for investments in real estate, hospitality and healthcare.
TA’ZIZ is an industrial services and logistics organization that enables and supports the growth of the Ruwais Industrial Complex.
India's Minister for Commerce and Industry Piyush Goyal has said that his country's goal is to become the UAE's number...UAE commits $100 billion investment and infrastructure creation in India, says Piyush Goyal.
The UAE-India CEPA will be India’s fastest-negotiated Free Trade Agreement ever between two nations, he said.
