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DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

Three die, 1,521 test Covid positive in UAE

    • The total death count rises to 1,913, and more than six hundred thousand have tested positive so far

    • The Ministry of Health and Prevention reported having done 152,302 Covid-19 tests

    Three people have died from the Covid infection and more than 1,521 have tested positive overnight in the United Arab Emirates, raising the country’s total caseload to 668,601 and 1,913 deaths.

    The Ministry of Health and Prevention (MoHAP) also reported 152,302 additional COVID-19 tests were done over the past 24 hours, as the UAE has been aggressively carrying out early detection of the highly contagiddous disease to ensure prompt intervention and prevent its spread.

    MoHAP also said that an additional 1,474 individuals had fully recovered from COVID-19, bringing the total number of recoveries to 646,227.