Majid Al Futtaim Properties delivered a record performance, driven by the success of UAE-based shopping malls and strong consumer confidence
The UAE’s non-oil exports to its top 10 trade partners rose by 28.7 per cent, while trade with all other nations increased by 12.6 per cent
National non-oil exports, excluding re-exports, grew by 1.4 per cent in Q2 2024, while the value of re-exported goods surged by 39.1 per cent over the same period
Danilo Coppola was apprehended last year, following an Interpol alert, which was issued in response to an international arrest warrant
Having established his business empire in 1988, Gautam Adani built Adani Group from a commodity…
The shares were sold to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank
The RBI has not instructed banks to shift all dirham payments to this channel but instead is taking steps to encourage the development of an rupee-dirham market
The Concacaf partnership adds to PIF’s growing portfolio of partnerships across tennis, golf, football, and electric motorsports
Soliman’s resignation had been anticipated, with one government source saying Egypt’s political leadership wanted to introduce fresh faces into key positions, as part of a broader reshuffle
Agility subsidiary Menzies, the world’s largest aviation services provider by number of countries, reported $91m in Q2 EBITDA, marking a 27.6 per cent YoY rise
Revenue for the period ending June 30, increased by 3.3 per cent to $9.34bn, driven primarily by strong growth in its Ports and Terminals segment
Deliberations between ADQ and Bank Audi are reportedly ongoing, and no final decisions have been made
The worldwide games market has a huge audience with 3.4bn people globally playing video games across age groups
Adani Enterprises is looking to launch a $1bn share sale by mid-September, having shelved a record $2.5bn offer in the wake of Hindenburg’s first set of allegations
Izmir Port, part of the the Turkish Wealth Fund portfolio, is among the largest ports in Turkey in terms of container volume
Indian IT pioneer Shiv Nadar, co-founded HCL Technologies in a garage in 1976 with five…
For the first half of 2024, Parkin reported a 10 per cent increase in total revenue, reaching Dhs421m
Rise in aluminium and gold sales volume boost Saudi mining giant’s earnings
The group approved an interim dividend payment of Dhs400m for the first half of the year, scheduled for distribution by September
As of June 30, the utilities major had 1,236,845 electricity and water customer accounts, an increase of 52,134 (4.4 per cent) compared to the same period last year
In H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)
Market watchers called worries of a recession in the US economy “not in line with economic fundamentals”
The arena will feature 20 Grand Turismo simulators, including 17 adult seats and three seats tailored for younger guests
Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT
Siobhan Byron, EVP Universal Banking at Finastra, highlights the role of open ecosystems, cloud, SaaS, and AI in accelerating innovation
The holding firm’s financial position is backed by its total assets of Dhs362.9bn as of June 30
The duo will work together to conclude a detailed sale and purchase agreement in the coming months
The government is considering helping pay off dues to banks, lending to the firm, and even potentially increasing its stake
We explore three strategies leaders can use to ensure their businesses are more agile and innovative
Despite facing headwinds in both export and domestic markets, the group sustained a stable performance throughout the period