Diversity, equity and inclusion

Diversity, equity and inclusion: Taking the right steps

According to research, companies with more diverse management teams had higher levels of performance and innovation

Emirati Women's Day 2023

Women in Business: Female trailblazers paving the way for peers

We shine the spotlight on trailblazers who are forging ahead in their successful careers, a inspiring others with their professionalism, spirit and skills

National Bank of Fujairah posts 155.1% rise in nine-month net profit

National Bank of Fujairah posts 155.1% rise in nine-month net profit

The lender posted an operating profit of Dhs932.5m for the first nine months of the year, marking a 25.1 per cent rise compared to the previous year

Dubai Islamic Bank

Dubai Islamic Bank posts 34% rise in group net profit for Q1-Q3 2022

The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year

Dubai district cooling firm Empower to sell 10% stake in IPO

The firm has said it expects the minimum dividend to remain at $231m annually for two years after the IPO

Laszlo Svinger, MD 3M Middle East

Why equity in healthcare matters and how technology can reduce the gap?

With new technologies and an evolving healthcare landscape, collaboration is essential in bringing more equity to healthcare, says Laszlo Svinger, vice-president and MD for the Middle East and Africa at 3M

AD Ports Group

Abu Dhabi’s AD Ports Group completes first international acquisition

The group acquired a 70 per cent equity stake in two Egypt-based maritime companies – Transmar International Shipping Company and Transcargo International

Tesla shares give up gains on renewed prospect of Musk buying Twitter

Musk boosts equity component of Twitter bid to $33.5bn

The Tesla chief executive is continuing to seek additional financing commitments to fund the $44bn deal

Forecast 2022: Challenges and opportunities across the investment landscape

What investors can look forward to this year

Saudi’s Trukker raises $96m in equity, debt funding

The deal follows a $23m equity raise in 2019

Saudi Arabia to form entity with $29bn in equity holdings

The funds hold significant stakes in Saudi Arabian firms

Abu Dhabi’s ADNOC Distribution to raise approximately $1.64bn via combined share, bond offering

The transaction is the first combined equity and exchangeable bond offering in the GCC

Abu Dhabi’s ADNOC Distribution to join MSCI emerging markets index on May 27

The fuel retailer will now be among nine UAE-listed companies to be part of the index

Boeing mulls equity sale, plans new cut to Dreamliner output

Demand for the 787 has been particularly hard hit, with international travel down 90 per cent from a year ago

USA flag and contemporary glass skyscrapers in New York

How the outcome of the US elections could affect the global stock market

The 2020 elections will show what matters the most to American voters: the stock market performance, or the real economy

Rolls-Royce preparing announcement on equity issuance

The British maker of aircraft engines said last month it intends to raise as much as GBP2.5bn