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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.
  • Dubai leads global FDI in cultural, creative industries in 2022

    Dubai, UAE - Dubai has achieved top global ranking in attracting Foreign Direct Investment (FDI) projects in the cultural and creative industries in 2022,  revealed Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority on Monday.According to the Dubai FDI Monitor report, compiled by...
  • Art Dubai 2023 generates US$39m in economic impact, says new study

    DUBAI, UAE -  Art Dubai, the leading international art fair for the Middle East and Global South, on Sunday announced that the five-day event, held on March 1-5 2023, has provided a direct economic impact of US$39 million (AED143 million) to the city.New figures revealed in the Economic Impact Study...
  • Creative sector woos global investors to Gulf region

    The regional economies in the creative sector are growing at a faster rate than inflation, says Michael Garin, General Director of Abu Dhabi Creative Authority.
  • Zoho inks Dubai deal

    The agreement will help Dubai’s creative entrepreneurs.
  • Dubai’s creative and cultural scene needs a wider reach: Sheikha Latifa

    Dubai Culture shall have its own official social media channels for updates on the creative and cultural sector in the city besides serving as a source of inspiring stories for the media. Also, more space and time needs to be given to news from the creative and cultural industries to...
  • $2.25trn creative sector that employs 30m worldwide needs help: UN

    The creative and cultural industry needs more support as it has been of great service during the coronavirus pandemic.  The President of the General Assembly noted that culture offers an opportunity to address concerns over the impacts of COVID-19. The creative and cultural industry, which generates $2.25 trillion annually and...