The company’s full-year net profit jumped by 7 per cent year-on-year to Dhs1bn in 2022 while its revenues reached Dhs2.8bn
The pre-event phase contributed around one-quarter of gross value and the legacy phase will add 62 per cent
The fuel price committee marginally slashed the rates by 8 fils per litre, after two consecutive months of increases
Emerging Markets Property Group is set to hire Rothschild & Co. for the potential IPO in Dubai or Abu Dhabi
The initiative aims to support 100 new national projects for developing apps that will be made available in digital app stores over the next 24 months
The digital bank offers SMEs seamless access to banking services while allowing them to move forward with innovative beyond-banking services
The two entities have partnered with advisory firms that are a key part of the city’s financial and business ecosystem
The company’s unaudited combined pro forma results follow the company’s record initial public offering earlier in March
Upon completion of the initial office tower’s construction, which is expected by the end of 2026, the property will be managed by Aldar Investment
The proposal aims to make the visa application procedure more efficient and to improve the security of the Schengen area
This move will enhance international investors’ access to DFM’s diversified investment opportunities
The company first entered offshore exploration in Canada in 2021 with a 40 per cent stake in ExxonMobil’s licence for EL 1165A
Sheikh Mansour Bin Zayed Al Nahyan will serve as UAE Vice President alongside Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai
The country’s non-oil sector grew by 6.2 per cent in 2022, the highest growth rate recorded over the past ten years
The CEPA programme was launched in September 2021 to expand UAE’s trade and investment partnership with several strategic global markets
The 11-year-old girl’s mobile app can analyse various parameters such as light and colour intensity to locate the eyes within the frame range
The company’s materials contribute to reducing carbon emissions generated during the manufacturing process of the pipes and their operational lifespan
The state-owned oil major said the deal includes the supply of 480,000 bpd of crude oil to Rongsheng refinery for 20 years
The data analytics firm’s shares shot up as much as 176 per cent to Dhs3.70 compared to the IPO price of Dhs1.34 apiece
Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026
The company sold 750 million shares and set the final share price at Dhs1.03, implying a market capitalisation of Dhs7.73bn at listing
The state-owned oil giant will supply up to 210,000 bpd of crude oil feedstock to the complex, which is being built in China’s Liaoning province
The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges
The service aims to improve commercial connectivity and facilitates trade with Kuwait
The airline will be focused on enabling travel for tourists, residents and commercial partners to and from NEOM
The non-binding MoU aims to contribute to the digital transformation of various industrial sectors in Saudi Arabia
The first phase of CBUAE’s CBDC strategy is expected to complete over the next 12 to 15 months and comprises of three major pillars
The contract’s scope includes project management for master planning, design and construction services, through to testing, commissioning, operational readiness, activation and transition
The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh
At full scale, the 200-hectare AgTech Park will target production volumes of over 40 kilotonnes of fresh fruits and vegetables annually