HomeEconomy
Economy
Sustainable Art by Fernando Costa Celebrates Queen Elizabeth 2’s Legacy with Reclaimed Ship Materials
A celebration of art, heritage, and sustainability unfolded on the iconic Queen Elizabeth 2 this weekend as the floating landmark hosted the opening preview of the...
Ajman Bank Partners with AAOIFI to Certify the Workforce in Shari’ah Standards
Ajman Bank, a leading Islamic financial institution in the United Arab Emirates, has partnered with the Accounting and Auditing Organisation for Islamic Financial Institutions...
Ajman Bank delivers all time highest record 9M’24 Profit before Tax of AED 313 million with an increase of 458%
His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Board of Ajman Bank, chaired the bank’s board meeting,...
Ambassador Faisal Niaz Tirmizi Meets HE. Dr. Abdulrahman Abdulmannan Al Awar, Minister of Human Resources and Emiratisation, UAE
Ambassador Faisal Niaz Tirmizi met HE. Dr. Abdulrahman Abdulmannan Al Awar, Minister of Human Resources and Emiratisation
Ambassador Faisal Niaz Tirmizi, Pakistan’s Envoy to United...
AD Ports Group Completes Merger to Form $1.9bn Integrated Staff Accommodation Firm in Abu Dhabi
Sidd Dey -
Abu Dhabi's AD Ports Group has successfully merged KEZAD Communities and Al Eskan Al Jamae (EAJ) to create one of the largest integrated staff...
Dubai Police signs MoUs with banks and financial institutions to tackle economic crimes
Sidd Dey -
Dubai Police's General Department of Criminal Investigation has entered into Memorandums of Understanding (MoUs) with ten banks and financial institutions to enhance the security...
Empower approves $116m dividend payout for shareholders in 2023
Sidd Dey -
Empower, also known as Emirates Central Cooling Systems Corporation, has announced the approval of a total dividend of $116m (Dhs425m) for the second half...
Expo 2020 Dubai’s Legacy: $42.2bn GVA and One Million Job-Years Expected to Benefit UAE’s Economy, According to EY Study
Sidd Dey -
According to a study by EY, Expo 2020 Dubai and its legacy are projected to contribute a gross value added (GVA) of $42.2bn (Dhs154.9bn)...
Dubizzle Owner, Emerging Markets Property Group, Considers UAE IPO
Sidd Dey -
Dubizzle's parent company, Emerging Markets Property Group (EMPG), is reportedly considering an initial public offering (IPO) in the United Arab Emirates. EMPG, which operates...
Central Bank of Egypt Raises Key Interest Rates by 2% to Combat Soaring Inflation
Sidd Dey -
On Thursday, the Central Bank of Egypt (CBE) announced a two percent (200 bps) increase in key interest rates, the first of 2023, in...
TAQA and Presight AI lead gainers in Abu Dhabi as Commercial Bank of Dubai and Emaar boost DFM main index in Dubai.
Sidd Dey -
The FADGI index in the UAE capital closed higher at 9,478.640 pts, with TAQA and Presight AI gaining 3.350% and 3.1% respectively, while other...