UAE

UAE weather: Red and yellow alert issued in Abu Dhabi, Al Ain, Dubai and Sharjah

Dubai: Foggy weather conditions continued over most parts of Abu Dhabi's Al Ain and Al Dhafra region today. Fog also…

1 year ago

Al Ansari Financial Services sees profit drop for 9-month 2024 over ‘significant challenges’

Dubai: Net profit for DFM-listed Al Ansari Financial Services dropped to Dh308.53 million for the first nine months from Dh387.8…

1 year ago

Bitcoin shoots past $75,000 in new high over a Trump return as US President

Dubai: Bitcoin prices have shot past $74,000 as the crypto markets turned in some heavy action as a clearer picture…

1 year ago

UAE’s DFM, ADX join Asian peers in going bullish on a Trump win

Dubai: As expected, the DFM and ADX opened positive in early trades Wednesday (November 6) in much the same way…

1 year ago

Abu Dhabi industrial hub awards Dh7.35b in infrastructure contracts

Dubai: The Abu Dhabi industrial hub Ta’ziz has issued engineering, procurement and construction contracts valued at Dh7.34 billion for site…

1 year ago

Dubai Taxi Company revenue up 13% to Dh1.6 billion as it completes 36 million trips

Dubai: Dubai Taxi Company (DTC) reported a 13% year-on-year increase in revenue to Dh16 billion in its financial results for…

1 year ago

LuLu Retail closes with gross proceeds of Dh6.32 billion, making it biggest UAE IPO of 2024

Dubai: LuLu Retail has emerged as the biggest IPO in the UAE for 2024, with gross proceeds totalling Dh6.32 billion.…

1 year ago

Dubai regulator DFSA fines Vedas Marketing for unauthorized financial promotions on Multibank Group

Dubai: The DIFC regulator has issued a 'decision notice' against Vedas International Marketing Management for unauthorised and deceptive financial promotions…

1 year ago

UAE banking sector hits all-time-high of Dh502.6 billion in capital, reserves

Abu Dhabi: A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital…

1 year ago

e&, Emirates are UAE’s ‘most valuable’ brands, Al Rajhi Bank leads in Saudi Arabia

Dubai: The tech-telco e& Group and Emirates are the UAE’s ‘most valuable’ brands for 2024, with the Abu Dhabi mega-bank…

1 year ago

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