Its cost-to-income ratio stood at 77 per cent in the third quarter of the year, decreasing from 90 in Q2 2022
By the end of the third quarter, DEWA served 1,143,153 customers, representing a 4.89 per cent year-on-year increase
Salik’s Q3 revenue increased 9.1 per cent YoY to Dhs445m, with travel activity fast approaching pre-Covid levels
It includes a formal framework for both entities to provide SMEs with access to trade financing
The group’s revenue stood at $15.3bn for the first six months of 2022-23, up 128 per cent from $6.7bn last year
Upon listing, Empower will become the world’s largest district cooling services provider on a stock exchange
Emirates currently has codeshare cooperation agreements with 26 airline partners and two rail companies around the world
RTA has fitted the parking machines with touch screens, which enables the entry of vehicle details
The funding will be deployed to develop Dubai Islands and other waterfront projects
The agreement, worth over $ 1.7bn at list prices, takes the airline’s order book to 200 wide-body aircraft
The new routes will see the airline’s network expand to 113 destinations in 53 countries
The four-times weekly flights from Dubai to Rio de Janeiro with onward service to Buenos Aires will operate as EK247/EK248
The company’s market capitalisation at listing is expected to be between $3.56bn and $3.62bn
Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9
The agreement provides a framework for facilitating cross-border collaboration between the two authorities on supervision and enforcement actions
The new branch will offer clients a Swiss platform, with a focus on wealth preservation and legacy planning
The challenge, which starts on October 29, encourages residents and visitors to adopt a more healthier and active lifestyle by exercising 30 minutes daily for 30 days
The company’s total revenue reached Dhs237.8m during the first nine months of the year
The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year
Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings
More than 175 rides, games and attractions are also available for guests to enjoy, including the new Global Village Big Balloon
The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year
Dubai bling follows the stories of ten self-made millionaires living lavish livestyles in Dubai
The company currently manages around €1bn of European real estate on behalf of Middle Eastern investors
The firm has said it expects the minimum dividend to remain at $231m annually for two years after the IPO
From next Tuesday, there will be no shareholding limit for non-UAE nationals
Global Village will open for visitors on Tuesday, October 25
The partnership expands connectivity for Emirates customers with access to 25 Indonesian points on a single ticket and one baggage policy
October 30 is expected to be the busiest day, with daily passenger traffic to exceed 259,000
The agreement provides a framework for further co-operation between the two authorities on regulation, policy and trends in financial services and markets