The Abu Dhabi-listed firm said its revenues jumped 6 per cent in Q1 2023 to Dhs13.14bn, bolstered by higher bulk supply tariffs and transmission charges
The system, which aims to enhance road safety across the emirate, uses coloured lights to alert drivers of upcoming traffic incidents and adverse weather conditions
In a exclusive interview, Richard Smith, Oracle’s executive vice president for Technology in EMEA, sheds light on the region’s rapid advancement of innovation initiatives
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
The completion of the transaction is expected to further strengthen PureHealth’s vision towards becoming a leading global player in healthcare
The city’s non-oil sectors witnessed significant growth of Dhs43bn in 2022 and contributed 50 per cent to the overall GDP
Both entities will work to address the challenges faced by the agtech sector by connecting businesses with startups offering technology-based solutions
The UAE Cabinet’s resolution has expanded ADGM’s jurisdiction to Al Reem island in addition to Al Maryah island
UAE’s tourism sector defies odds to attract record tourist numbers over the past year
The state investor said the deal is in line with its strategy to create long-term value by optimising a global portfolio of investments
The Oracle CloudWorld Tour is the company’s annual event that showcases the latest innovations in cloud infrastructure, databases and applications across diverse industries
Customers of each airline from this summer can buy a single ticket into either Dubai or Abu Dhabi, and return via the other airport
The MoU represents a one-year agreement to strengthen tourism and economic cooperation and build dual-destination awareness to drive incremental leisure traffic
With this expansion, Khalifa Port will expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance
The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years
The Boeing 787 aircraft is the first in the world to offer the Elements seat
The airline currently offers five passenger flights to Shanghai, Beijing Daxing and Guangzhou each week
The acquisition of the new vessels is part of the company’s expansion strategy that is aimed at broadening its portfolio of services
Monarch Holding and EHang Holdings have signed a partnership agreement to establish the facility in the region
The agreement will mark the first phase of Al Ghurair Foods division’s investments in KEZAD
The firm which holds more than 25 subsidiaries is chaired by Sheikh Hamdan bin Mohammed bin Zayed Al Nahyan
The farm is expected to generate 10kg of produce daily and has a 41 sqm footprint
The Dalio Family Office helps handle the billionaire’s private investments as well as his philanthropic donations
The firm plans to use the proceeds to fund acquisitions and business development of innovative assets in the pipeline
The transport authority urged drivers to avoid parking in prohibited areas and blocking traffic movement
Proceeds from the five-year tranche will be used for general corporate purposes while the 10-year green bond will be used to finance projects as set out in the framework
The bank’s net interest income rose by 33 per cent to Dhs2.85bn while non-interest income surged by 34 per cent to reach Dhs1.06bn
The merged entity is expected to transform the way care is delivered while bridging the gap between the latest healthtech advancements and the clinical outcomes patients receive
The lifestyle retailer said the expansion will give visitors to Reem Mall a wider selection of top brands to pick from, including 10 franchises debuting in the city for the first time