Dubai

DEWA 9-month revenue powers up to Dh23.5b, profit at Dh5.5b

Dubai: DEWA's 9-month 2024 revenues have totaled Dh23.5 billion, powering the net profit after tax to Dh5.5 billion. The corresponding…

1 year ago

AD Ports Group pulls in Dh1.2 billion as 9-month 2024 net profit

Dubai: The AD Ports Group has sailed in with a Dh1.2 billion plus net profit for the nine months of…

1 year ago

Gold prices face more pressure after another $60 drop to $2,617

Dubai: Gold prices have crashed by another $60 plus to $2,617 an ounce – and far removed from the all-time…

1 year ago

Dubai Tram turns 10: 99.9% punctuality, 60 million riders

Dubai: Since its launching in 2014, Dubai Tram has transported more than 60 million passengers and travelled 6 million kilometres,…

1 year ago

UAE’s new traffic law: Six traffic crimes that could land you in jail

Dubai: Drunk driving, reckless driving or failing to cooperate with traffic police officers in certain cases are all very serious…

1 year ago

ADNOC-owned Fertiglobe 9-month revenue at $135 million

Dubai: The ADX-listed Fertiglobe pulled in net profits of $135 million for the first nine months of 2024, as revenues…

1 year ago

Lost, damaged UAE passport? Apply online now for a replacement

Abu Dhabi: The Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has announced that UAE passport holders can…

1 year ago

Arab, Muslim leaders meet in Saudi Arabia for talks on regional wars

RIYADH: Arab and Muslim leaders have begun arriving in Saudi Arabia for a summit scheduled for Monday that will focus…

1 year ago

Dubai’s Q2 2024 GDP rises 3.3% to reach Dh116 billion

Dubai : Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of…

1 year ago

Germany’s Delivery Hero to pursue Dubai IPO of 15% in unit Talabat

Delivery Hero SE unveiled plans to list its Talabat unit in Dubai, in what could be among the region's biggest…

1 year ago

Dubai Ride: RTA announces Sheikh Zayed Road closure, alternative routes

Dubai : In line with the Dubai Ride public cycling event, the Roads and Transport Authority (RTA) announces the closure…

1 year ago

Profits for UAE’s Dana Gas slip on lower prices, production impact at Egypt operations

Dubai: Lower gas prices and reduced production at its Egypt operation had a telling effect on ADX-listed Dana Gas' 9-month…

1 year ago

ADNOC awards Dh720 million contracts for manufacturing in UAE

ABU DHABI: ADNOC today announced the award of contracts valued at Dh720 million ($196.2 million) for local manufacturing of a…

1 year ago

UAE supermarket operator Spinneys hits Dh2.29 billion in 9-month revenues

Dubai: The Dubai headquartered retailer Spinneys ticked all the boxes when it comes to growth for the first nine months…

1 year ago

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

Saudi Arabia: Citizen nabbed over SR493 million fraud

Cairo: A Saudi man has been arrested for illegally obtaining SR493 million in bank financing in collusion with others, the…

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

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

Saudi Electricity sees 18 per cent increase in net profit

Dubai: The Saudi Electricity Company, 75 per cent owned by the Public Investment Fund, reported an 18 per cent year-on-year…

1 year ago

Saudi Arabia, UAE invest $26m in Pakistan

Dubai: Pakistan’s foreign investment increased by 48 per cent in the first quarter of the current fiscal year. During this…

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

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