Asian stocks were mostly higher on Tuesday after a tech rally on Wall Street, but their gains remained modest in...
- The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence...
Firm's adjusted net profit grew to $16.5 million in Jan-Sep 2022.Adjusted total income grew 17 percent to $28.9 million in 9M-2022.
Adjusted EBITDA grew 19 percent to $29.8 million (AED110.1 million) in 9M-2022.
Pact will help SMEs in UAE gain access to key banking services.With this pact, Wio will extend its Wio Business platform to SMEs registered with ADGM and provide them with fast-tracked application submission.
Presently, AGDM supports over 330 SMEs in health tech, pure tech, Edtech, legal tech, food tech, tourism tech, and insurance tech.
Firm approved interim dividend payment of US$54m.The approved US$54 million (AED200 million) cash distribution is in line with the Group’s previously announced dividend policy of distributing $217 million annually.
All matters related to future dividend distribution will be subject to Board of Director’s recommendation and shareholders’ approval.
In order to shore up its economy battered by the Covid pandemic and political turmoil, the EU has signed off...Tunisia relies heavily on imported wheat and natural gas, whose prices have shot up since Russia's invasion of its neighbor in February
The grant comes as Tunisia awaits a loan deal with the International Monetary Fund (IMF), and the EU said its aid money was "part of the approved reforms" to finalize the deal
Eyeing a joint G20 declaration that would condemn Russia's eight-month-old invasion and threats to use nuclear weapons, US and European...There was a hint at growing Chinese unease with Russia's prosecution of the war when presidents Xi Jinping and Joe Biden met late Monday
Both men voiced opposition to the "use or threat of use" of nuclear weapons in Ukraine, according to a White House account of the meeting
The Gulf ministers review projects aimed at strengthening joint Gulf action in tourism as well as strategic partnerships between the...The Gulf ministers review projects aimed at strengthening joint Gulf action in tourism, as well as strategic partnerships between the GCC and other countries and parties
The development comes a couple of days after the launch of the UAE Tourism Strategy 2031 that comes under the ‘Projects of the 50'
- BALI, INDONESIA - Speaking at the B20 Summit in Bali, Indonesia, Minister of State for Foreign Trade Dr. Thani bin...
The UAE is working to help the global economy overcome current and future challenges.
The economy of the future will be based on knowledge and innovation.
Many Gulf states, including the region's two biggest economies, raised key interest rates earlier this month after the US Fed...The Fed raised the rate by three-quarters of a percentage point for the fourth straight time.
The impact of higher interest rates among Gulf oil exporters in 2022 has so far been limited.
- Robust property sales helped firm enhance revenue.
Emaar said that EBITDA in 9M 2022 increased by 47 percent to US$ 2.3 billion
The property giant said net profit in 9M 2022 increased by 124 percent to US$ 1.6billion.
United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...Russia has said it had yet to decide whether to extend the grain deal beyond November 19, the original date in the agreement.
Both Ukraine and Russia are one of the world's top grain producers.
