The office and retail assets are part of the property firm’s investment portfolio, which houses Dhs25bn of income-generating real estate assets
Diversification into new sectors and strategic acquisitions fuelled growth, with preliminary net profit remaining strong at Dhs32.75bn
The waiver applies to all new and repeat issuers who make a relevant application to the financial regulator
The acquisition strengthens Ghitha’s logistics and aviation, cementing its leadership in the regional food trading sector
The joint effort will focus on logistics, technology enablement and adoption within the SME and education sectors
The cancer hospital slated to open in 2026 marks a significant step toward providing advanced and accessible treatment for the disease in the UAE
The complex will specialise in industries related to hydrogen and the advancement of renewable energy sources
While there was an increase in sales prices in several areas driven by high demand, this trend was particularly noticeable in upscale neighbourhoods offering high-end amenities
Off-plan sales grew by 25 per cent year-on-year in January as Dubai’s real estate sector continued to perform well in the new year
Skills shortage could see organisations in the UAE, “invest significantly, as well as in a range of innovative approaches to attract the best candidates”
The healthcare regulator closed four home care facilities due to their failure to comply with its standards and regulations
Karachi Gateway Terminal Multipurpose, a joint venture between AD Ports and Kaheel Terminal, will take over East Wharf’s existing operations as part of the deal
Clark made the comments to the Financial Times as he is reportedly preparing to send Emirates engineers to Boeing to oversee its 777 production lines
Alat aims to create 39,000 direct jobs in Saudi Arabia by 2030, and achieve a direct non-oil GDP contribution of $9.3bn by the same year
The announcement reaffirms the nation’s commitment to establishing a sustainable and prosperous future for its people
China Evergrande New Energy Vehicle has suspended negotiations regarding a share subscription agreement with Dubai-based mobility firm NWTN
Net interest income in the fourth quarter increased by 17 per cent year-on-year to Dhs3.41bn
OPEC said its “committee will continue to monitor” countries’ conformity with output decisions
More than one-third of companies have plans to raise wages by up to 5 per cent
The trends of 2024 will shape a future, where AI is not just a tool, but a fundamental part of the GenAI experience
The programme will work to reduce the duration of government services by 50 per cent and re-engineer hundreds of government services
OPEC oil output in January registered the biggest monthly drop since July, as several members implemented new voluntary production cuts
Follow our live blog below to stay abreast of news and updates across the GCC markets
Dubai lives up to its reputation as the ‘City of Gold’, hosting 72,500 millionaires, 212 of whom are centi-millionaires and 15 billionaires
The nomenclature ‘7X’ represents seamless connectivity of the seven emirates to the seven continents and across the seven seas
Motorists are advised to adhere to speed limits, refrain from sudden braking, maintain a safe following distance, and pull over if visibility is impaired
Despite global dealmaking challenges in 2023 the Middle East will continue to be a global bright spot for transactions in the year ahead
With a presence across 100 countries, HID is leading the pack as the industry transitions to deal with post-pandemic trends such as a mobile-first world and a hybrid work model
The UAE has announced revised fuel prices for the coming month
The survey revealed that the UAE’s job market is seeing a growing demand for digital skills, with IT being considered the leading industry for potential growth