The company’s revenues for the quarter reached $6.8bn, up 13 per cent YoY, marking the third consecutive quarter with revenues exceeding $6bn
The takeover of the platform has the backing of co-founders and top shareholders Peter Hargreaves and Stephen Lansdown
This move is part of the UAE’s ongoing efforts to enhance its legal and regulatory framework in the fight against financial crimes
Rise in aluminium and gold sales volume boost Saudi mining giant’s earnings
The company’s profit before tax also saw an 11 per cent uptick, reaching Dhs98m, as it continued to invest heavily in its development pipeline
The deal, valued at approximately $1bn, marks a significant partnership aimed at supporting Sotheby’s growth and innovation plans
The addition of Basel brings the carrier’s European network to 29 destinations, including cities like Budapest, Milan and Prague
Getting a visa to visit Dubai, Abu Dhabi or any other city in the UAE is a breeze, thanks to multiple application avenues
The US has an estimated 30,000 to 45,000 military troops stationed across the Middle East, spread over more than a dozen countries
Saudi Aramco’s recent acquisition of additional stake in Japan’s Sumitomo Chemical is a sign of consolidation in the petrochemical industry
Burjeel Holdings remains focused on expanding its oncology services, which are expected to play a key role in boosting future revenue streams
The airline will operate four weekly non-stop flights between Abu Dhabi and Nairobi
The ministry of finance said its inspections of the refineries uncovered 256 violations, eight for each refinery
Both Brent and WTI were set to gain more than 3 per cent on a weekly basis
The UAE is leading the charge in technological innovation and embracing the digital economy through forward-thinking digital asset regulation
Leading the pack is the Saudi Exchange (Tadawul), with a market value of $2.68tn, solidifying its position as the largest in the region
ADNOC Distribution CEO Bader Al Lamki reveals the strategic pillars and innovative measures driving the company’s robust growth
The US topped the list of foreign investors in the oil and gas sector across the Arab world, with 85 projects
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
The newly formed global trading and trade facilitation company will cover trade finance, consulting, commodities exchange and trade insurance
The national airline carried 8.7 million passengers in the January-June period, a 38 per cent increase compared to the same period last year
Emaar’s recurring revenue-generating portfolio collectively generated revenue of Dhs4.6bn during H1 2024, representing 32 per cent of its total revenue
The company’s gross profit rose by 12.3 per cent year-on-year to Dhs659m, with a gross profit margin of 41.3 per cent, up 90 basis points from the previous year
While the exact timeline for obtaining a gaming licence remains uncertain, Billings noted that the creation of GCGRA provides clarity for investors and financial institutions
In H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)
Yevhen Parokhod, the founder of Renty.ae, shares insights on starting a car rental business in the UAE and discusses challenges and opportunities
Market watchers called worries of a recession in the US economy “not in line with economic fundamentals”
The partnership seeks to advance cross-border trading between the exchanges and expand investment opportunities
As part of ‘Our Flexible Summer,’ work will be suspended on Fridays, and the workday will be reduced to seven hours for the participating Dubai government entities
The arena will feature 20 Grand Turismo simulators, including 17 adult seats and three seats tailored for younger guests