Profitability for the quarter dropped 7 per cent compared to a 22 per cent decrease in the company’s realised prices during the period
The amount, disbursed over three years, will support R&D on projects aimed at reducing the impact of fossil fuels in commercial aviation
The T-Sukuk auction will be followed by a listing on Nasdaq Dubai to promote secondary market trading along with primary dealers
The two resolutions are effective from their date of issuance
The partnership builds on ADNOC Group’s $15bn commitment towards decarbonisation projects by 2030
The bank is now two years into an ambitious five-year strategy aimed at empowering SMEs and large corporates in five priority sectors
The bureau will enable the DIFC Innovation Hub community to tap into new data sets to boost fintech development in the UAE market
The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force
The property developer’s net profit reached Dhs56.4m in the first three months of 2023 from Dhs25m in the same period last year
The two documents aim to lift restrictions on designated carriers from the UAE and Tajikistan, and streamline trade and air traffic between the two nations
The share sale comes just a few months after state-owned ADNOC raised $2.5bn in the listing of its gas business
The healthcare services provider said its revenues surged by 11.6 per cent year-on-year to Dhs1.1bn in the first quarter of 2023
URB unveils ‘Dubai Reefs’, a floating living lab for marine restoration and ecotourism
The completion of the transaction is expected to further strengthen PureHealth’s vision towards becoming a leading global player in healthcare
India remained DXB’s top destination country with passenger traffic reaching three million, followed by Saudi Arabia, the UK and Pakistan
The city’s non-oil sectors witnessed significant growth of Dhs43bn in 2022 and contributed 50 per cent to the overall GDP
The utility company’s revenue for the first three months of the year hit Dhs5.44bn, up 7.3 per cent year-on-year
Both entities will work to address the challenges faced by the agtech sector by connecting businesses with startups offering technology-based solutions
The ‘C’ wink and bold green remain central to the company’s new brand identity, with the notable logo only slightly tweaked
The agreement covers cooperation in nuclear energy operations, in high-temperature gas-cooled reactors and fuel supply and investment
The contribution from ADFD towards this strategic project amounts to Dhs110m
Established in 2016, Badia Farms’ sustainable farming techniques produce fruits and vegetables without sunlight or soil
The UAE Cabinet’s resolution has expanded ADGM’s jurisdiction to Al Reem island in addition to Al Maryah island
The bank’s credit guarantee scheme aims to help SMEs overcome challenges in accessing financing from conventional banks
The airline is planning to debut flights to five new cities including London, Christchurch, Sydney, Melbourne and Auckland
UAE’s tourism sector defies odds to attract record tourist numbers over the past year
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade held one-on-one meetings with Austin-based startups, which are deploying technologies such as AI, blockchain and quantum computing
The 1,500 key property will be located in the emirate of Ras Al Khaimah
The state investor said the deal is in line with its strategy to create long-term value by optimising a global portfolio of investments
Spreading across 10,000 sq ft and with a total capacity of 80 desks, Cypher Hub is specifically designed for Web3 founders and entrepreneurs to collaborate, network and partner