The NCM forecasts the eastern and southern regions of the country will experience some rain showers, due to a ‘Intertropical Convergence Zone’
Sidara had received a deadline extension twice, over June and July, to make a final offer for Wood Group
The company posted a quarterly net profit of $295m, a 28 per cent increase from $228m in Q2 2023
The acquisition marks Enersol’s third deal, bringing the company’s total commitments to approximately $550m
The upcoming amnesty will particularly support those who have remained in the UAE beyond the grace period
Brent crude oil futures inched down 4 cents, or 0.1 per cent, to $76.77 a barrel
Jayesh Patel says that the belief that neobanks struggle with profitability is a misconception while noting that digital banks can be profitable with a defined business objectives
The Emirates Park Zoo and Resort has evolved from being a modest petting zoo to being home to over 220 wildlife animals
The firm offers a full spectrum of services beyond lead generation and sales, including strategic planning
The central bank imposed the hefty fine after an examination found deficiencies in the bank’s AML/CFT policies and procedures
Blinken has spoken to his counterparts in Saudi Arabia, the UAE and Qatar as tensions have ratched up in the region, in recent days
The project seeks to help decarbonise hard-to-abate, emission-intensive sectors such as the aviation and maritime industries
Despite facing headwinds in both export and domestic markets, the group sustained a stable performance throughout the period
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said OPEC+ could pause or reverse the production hikes if it decided the market is not strong enough
Surkhel Yousafzai, president of the DBA Alumni Association, delves into the strategic initiatives implemented by DBA to nurture entrepreneurship and innovation
Emiratisation offers the opportunity to tap into a pool of motivated local talent and contribute to national development goals, says ARC Talent’s Abdul-Rahman Risilia
Despite a decrease in total gains to Dhs2bn, attributed to the de-recognition of PureHealth in 2023 and the adoption of corporate tax in the UAE, the group’s overall net profit remained strong
The influx of high-net-worth individuals continues to propel Dubai’s ultra-luxury real estate market, with H1 2024 recording 196 sales, exceeding $10m
Oil has fallen from a 2024 high, above $92 a barrel in April to trade around $81, on July 30
RPM CEO Dr Rohil Raghavan shares how the medical services provider continues to enhance the quality of healthcare services in the UAE, Saudi Arabia and beyond
The profitability was attributed to sustained price premia for polyethene and polypropylene, which remained at $198 and $138 per tonne, respectively
The telecom giant reported a continued growth in the group’s subscriber base, as the total number of e& users hit the 15 million mark, in the UAE
The policy decision follows the US Federal Reserve’s announcement to keep interest rates unchanged
The investment will pave the way for the payments firm’s expansion into the UAE, Middle East and Africa
US Federal Reserve chairman Jerome Powell on Wednesday said “there was a growing sense of confidence” the central bank could cut rates in September
The Dubai-based airlines join a number of other carriers that have suspended, delayed, or cancelled flights to Beirut
Wynn Al Marjan Island, developed in partnership with Marjan and RAK Hospitality Holding, is set to be the first integrated gaming resort in the MENA region
The agreement covers the Rolls Royce Trent 700, International Aero Engines V2500-A5 and CFM LEAP-1A engine platforms
Mubadala and Trafigura are looking to sell the port terminal Porto Sudeste, in Rio de Janeiro state, say reports
The total trading value on the DFM rose by 4 per cent, to Dhs48bn, in the first half of 2024