The bank reported an operating income of Dhs2.5bn in the first six months of 2023, up 41.9 per cent from Dhs1.7bn for the same period a year earlier
The company seeks to boost its investments in the coming years to enhance its fleet, including the potential launch of two new satellites
The UAE government has announced the holiday dates for the Hijri New Year
The issuance was met with robust demand, attracting interest from over 240 global and regional investors with the final order exceeding $7bn
The MoU is part of the COP28’s agenda as it seeks to align global climate education and amplify youth participation
EWEC is accelerating the implementation of Abu Dhabi’s energy transition to reduce reliance on hydrocarbons and meet its energy demand through renewable sources
Sectors such as power and water generation, heavy industry, transport, waste, buildings, and agriculture will reduce emissions as per specific sectoral targets
The association represents more than 2,100 corporate members with over $2.5tn hedge fund and private credit assets
The initiative seeks to reinforce Dubai’s position as a digital economy capital and further strengthen its robust and reliable digital infrastructure
The developer sold 1,616 homes at its communities during the first half of the year
The cabinet resolution on Emiratisation targets will apply to private companies operating in 14 economic sectors with 20 to 49 employees
The service allows customers to fly to several GCC destinations both within and outside of the carrier’s network
The crypto exchange platform said it will not accept any new clients until it fully complies with VARA requirements
The solar farm will generate enough electricity to power approximately 160,000 homes across the UAE
The regulations adopt some Abu Dhabi onshore tourism legislation to provide a better regulatory framework for hotels and tourism companies in ADGM
The majlis will showcase the latest in robotics, hyper-reality, holograms, 3D printers and other advanced technologies
The agreement allows the companies to further raise the condensate volumes
The integrated community comprises six districts spanning 24 buildings and a massive retail boulevard
The new department aims to enable non-Muslims to execute their wills within a framework that guarantees the application of their personal laws and the management of probate matters
The payment solution allows businesses to securely collect and process payments while seamlessly integrating with their existing processes
The rebranded division brings in-depth knowledge and expertise across a range of markets across the Middle East
The funding round for the startup was led by Resonance and Flat6Labs
The 48-storey hotel has become the first Avani+ property in the region
The UAE will not be undertaking oil supply production cuts even as Saudi Arabia looks to balance the markets
The allocation of the land plots is implemented as per Dubai’s Higher Committee for Development and Citizens Affairs comprehensive citizen housing plans
A total of 65,942 transactions were processed without any human intervention at the smart police stations during the period
In 2022, RTA recorded 814 million digital transactions up from 676 million in 2021
The bank aims to boost software development, collaboration and customer engagement using tools such as GitHub Copilot X, ChatGPT and MS 365 Copilot
The figures reflect the highest-ever rate of Emiratisation recorded in the UAE private sector
With the emirate’s focus on green mobility, DEWA aims to grow the city’s network of public EV charging stations by 170 per cent in less than three years.