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Dubai’s DFSA signs MoU with Bangladesh Securities and Exchange Commission

The agreement provides a framework for facilitating cross-border collaboration between the two authorities on supervision and enforcement actions

Borouge

Abu Dhabi’s Borouge reports 13.5% rise in nine-month revenue

The company’s revenue for the three months ending September 30, grew 8 percent year-on-year to equal $1.67bn

Masdar inaugurates new office in Saudi Arabia to expand presence

Masdar inaugurates new office in Saudi Arabia to expand presence

Masdar aims to add to existing projects in the kingdom, including a 400MW wind farm and a 300MW solar power plant

Habib Bank AG Zurich opens branch in DIFC to expand footprint

Habib Bank AG Zurich opens branch in DIFC to expand footprint

The new branch will offer clients a Swiss platform, with a focus on wealth preservation and legacy planning

Haider Khan, head of EMPG MENA

Dubai-based EMPG, which owns Bayut & dubizzle, raises $200m in funding

The funding round was led by US-based growth equity fund Affinity Partners, with new funding from KCK, Acacia Partners

UAE and Austria sign energy partnership

UAE and Austria sign energy partnership

The partnership will focus on projects of mutual interest in refined products, liquefied natural gas, renewables and hydrogen

Dubai Fitness Challenge

A complete guide to Dubai Fitness Challenge 2022

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

Dubai Financial Market Company

Dubai Financial Market Company posts 133% rise in net profit for nine-month period

The company’s total revenue reached Dhs237.8m during the first nine months of the year

First Etihad Airways flight using SAF departs Tokyo

Flight EY871 departed Tokyo Narita airport at 3pm on Thursday, October 27

Emirates NBD

Emirates NBD reports 25% rise in net profit for first nine months of 2022

The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year

National Bank of Fujairah posts 155.1% rise in nine-month net profit

National Bank of Fujairah posts 155.1% rise in nine-month net profit

The lender posted an operating profit of Dhs932.5m for the first nine months of the year, marking a 25.1 per cent rise compared to the previous year

Emirates NBD announced 6th edition of annual Unity Run

Emirates NBD announces sixth edition of annual Unity Run

UAE’s leading community run for inclusion of people of determination will take place on Saturday, November 19 in Dubai Design District

Former Abraaj COO reaches settlement with Dubai’s DFSA

Former Abraaj COO reaches settlement with Dubai’s DFSA

Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings

Global Village opens, adds two new pavilions and more experiences

Dubai’s Global Village opens, ticket prices start at Dhs18

More than 175 rides, games and attractions are also available for guests to enjoy, including the new Global Village Big Balloon

First Abu Dhabi Bank reports 19% rise in nine-month net profit

The bank’s total income for the first nine months of the year stood at Dhs18bn, up 13 per cent year-on-year over the previous year

ADIB reports highest quarterly net profit for Q3 2022

ADIB reports highest quarterly net profit for Q3 2022, crossing Dhs1bn

The bank registered Dhs2.45bn in net profit for the first nine months of 2022

UAE's Masdar acquires UK-based Arlington Energy to expand footprint

UAE’s Masdar acquires UK-based Arlington Energy to expand footprint

The acquisition will support Masdar’s offshore wind and renewables investment strategy

Dubai Islamic Bank

Dubai Islamic Bank posts 34% rise in group net profit for Q1-Q3 2022

The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year

Abu Dhabi's ADCB reports 22% rise in net profit for first nine months of 2022

Abu Dhabi’s ADCB reports 22% rise in net profit for first nine months of 2022

The bank posted a 10 per cent rise in net interest income, totalling Dhs7.275bn

Netflix's new reality show Dubai Bling to start from October 27

Netflix’s new reality show ‘Dubai Bling’ to start from October 27

Dubai bling follows the stories of ten self-made millionaires living lavish livestyles in Dubai

Abu Dhabi Global Market

Aliph Capital secures $125m investment from Abu Dhabi’s ADQ

Aliph Capital will seek to acquire sizeable positions in privately owned mid-market companies across the GCC

European investor M7 opens first Middle East office in Dubai

European investor M7 opens first Middle East office in Dubai

The company currently manages around €1bn of European real estate on behalf of Middle Eastern investors

Dubai district cooling firm Empower to sell 10% stake in IPO

The firm has said it expects the minimum dividend to remain at $231m annually for two years after the IPO

Emaar Properties

Emaar Properties to allow 100% foreign ownership from October 25

From next Tuesday, there will be no shareholding limit for non-UAE nationals

Emiratisation

UAE private sector companies urged to meet 2% Emiratisation target before end of year

Financial penalties on non-compliance will be collected starting January next year

Global Village

Dubai’s RTA to resume four bus routes for Global Village’s 27th season

Global Village will open for visitors on Tuesday, October 25

Emirates activates codeshare, interline agreements with Batik Air

Dubai’s Emirates announces codeshare, interline agreements with Batik Air

The partnership expands connectivity for Emirates customers with access to 25 Indonesian points on a single ticket and one baggage policy

DXB to welcome 2.1 million passengers between October 21-30

Dubai’s DXB to welcome 2.1 million passengers between October 21-30

October 30 is expected to be the busiest day, with daily passenger traffic to exceed 259,000

Dubai's DFSA partners with Thai Securities and Exchange Commission

Dubai’s DFSA partners with Thai Securities and Exchange Commission

The agreement provides a framework for further co-operation between the two authorities on regulation, policy and trends in financial services and markets

Mall of the Emirates digital concierge service

Mall of the Emirates launches Digital Concierge service, WhatsApp shopping

Customers can purchase from 350 brands, including luxury designers via the mall’s Digital Concierge website and WhatsApp chat feature