Industry

ABU DHABI, UAE financial markets on Thursday posted decent gains of about AED9.3 bn in market cap, driven by the realty and banking blue chips amid increased transactions that hit around AED1.44 billion.The upbeat sentiments saw Abu Dhabi Securities Ex…

ABU DHABI, Three subsidiaries of Abu Dhabi Securities Exchange (ADX)-listed International Holding Company (IHC) will be listed on the exchange’s Second Market commencing in Q2 2021. The listing will create an attractive opportunity for current and new …

ABU DHABI, The Khalifa bin Zayed Al Nahyan Foundation (KF) received a donation of AED6 million from the Dubai Islamic Bank (DIB).The donation aims to support the foundation’s local educational, health and community projects, under the framework of the …

DUBAI, In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2021 relating to Dubai International Financial Centre (DIFC).The new Law replaces Law No. (…

DUBAI, A total of 1,557 real estate and properties transactions valued at AED3.4 billion were registered during the week ending 6th May 2021, according to a report issued by the Dubai Land Department (DLD) on Thursday.111 plots were sold for AED 486.92…

DUBAI, Pakistan Business Council in Dubai, a business policy advocacy platform with 600 business members, has thanked the UAE for its support to the Pakistani business community and vowed to bolster trade between the two countries.This came in a meetin…

DUBAI, Dubai Chamber of Commerce and Industry, in cooperation with Davidson & Co., recently organised a webinar which examined amendments made to existing UAE laws related to the decriminalisation of bounced cheques, new collection mechanisms, rest…

DUBAI, Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) raised AED50,450,000 for the ‘100 Million Meals’ campaign through a numbers charity auction today. AED 48,500,000 was raised through auctioning single-and double-digit car plates and excl…

DUBAI, The Mohammed bin Rashid Al Maktoum Tolerance Award donated AED 1 million to the “100 Million Meals” campaign launched by the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) to provide food support across 30 countries in the Middle East…

DUBAI, Fuad Mustafa Abazid, Chairman of Al Fuad Exchanged, has donated AED1 million, equivalent to one million meals, to the 100 Million Meals campaign, the first humanitarian campaign of its kind in the Arab world to provide food parcels for disadvant…

DUBAI, Dubai Shopping Malls Group (DSMG), in association with Dubai Festivals and Retail Establishment (DFRE), is back with its annual ‘Dubai Summer Season’, a citywide campaign that offers a chance of winning luxurious car and cash prizes.The summer s…