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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months 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.…

10 months 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…

11 months 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…

11 months 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…

11 months ago

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