Dubai: Net profit for DFM-listed Al Ansari Financial Services dropped to Dh308.53 million for the first nine months from Dh387.8 million. The company’s currency exchange
Dubai: Bitcoin prices have shot past $74,000 as the crypto markets turned in some heavy action as a clearer picture started to emerge of who
Dubai: As expected, the DFM and ADX opened positive in early trades Wednesday (November 6) in much the same way that most Asian stock markets
Dubai: The Abu Dhabi industrial hub Ta’ziz has issued engineering, procurement and construction contracts valued at Dh7.34 billion for site infrastructure at Al Ruwais Industrial
Dubai: The Saudi Electricity Company, 75 per cent owned by the Public Investment Fund, reported an 18 per cent year-on-year increase in net profit, reaching
Dubai: Pakistan’s foreign investment increased by 48 per cent in the first quarter of the current fiscal year. During this period, Saudi Arabia and the
Dubai: Dubai Taxi Company (DTC) reported a 13% year-on-year increase in revenue to Dh16 billion in its financial results for the nine months ended September
Dubai: LuLu Retail has emerged as the biggest IPO in the UAE for 2024, with gross proceeds totalling Dh6.32 billion. The offer – which is
Dubai: Gulf Air, Bahrain’s national airline, recently celebrated a decade of service to Russia, a route that was launched on October 26, 2014. The airline
Dubai: The DIFC regulator has issued a ‘decision notice’ against Vedas International Marketing Management for unauthorised and deceptive financial promotions related to Multibank Group. The
Abu Dhabi: A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital and reserves of banks operating
Riyadh: Aramco held its quarterly dividend at $31 billion, despite lower profit, as Saudi Arabia’s multitrillion-dollar economic transformation plans widen the budget deficit. The company,
Dubai: The tech-telco e& Group and Emirates are the UAE’s ‘most valuable’ brands for 2024, with the Abu Dhabi mega-bank in third spot. The annual
Dubai: Saudi Arabia’s ministry of environment, water and agriculture launches a new programme aimed at advancing sustainable technologies. The Sustainable Innovation Fellowship Programme seeks to
Dubai: Saudi Arabia and Turkey strengthen their commercial ties with the signing of 10 cooperation agreements during an event held in Istanbul on Sunday, furthering
Dubai: Bahrain’s Alba, aluminium smelter, plans to continue pursuing mergers and acquisitions, particularly in Europe, after it finalises its multi-billion-dollar agreement with Saudi Arabian Mining
Abu Dhabi: The UAE on Tuesday approved its new Investment Strategy to triple its cumulative foreign direct investment (FDI) to Dh2.2 trillion by 2031. His
ABU DHABI : Burjeel Holdings and RPM announced an award of Rs 8 crore ($10 lakh) for those who ensure health and well-being in the
Amman : Carrefour is closing all its supermarket outlets in Jordan, after mounting calls from the Boycott, Divestment, and Sanctions (BDS) movement targeting the retailer
Dubai: A surge in candidates applying for available entry-level financial positions in the UAE leads to a drop in average starting salaries. According to the
Dubai: UAE businesses are seeing a pickup in fourth quarter activity, but that’s not yet translating into new hiring, according to the latest S&P Global
