Collaborations with UAE helps boost Indian farm exports by 31%

NEW DELHI, Buyer-seller meets in the UAE on agricultural and food products with registered geographical indication (GI) tags, a week-long mango festival in Bahrain, and an international buyer-seller meet in… Read more

ADNOC Distribution reports net profit of AED1.56 billion in H1 2022

ABU DHABI, ADNOC Distribution reported strong first half results for 2022, recording an EBITDA of AED1.99 billion and net profits of AED1.56 billion.ADNOC Distribution witnessed year-on-year growth in total fuel… Read more

DEWA’s R&D Centre invests in AI & machine learning to improve efficiency, reduce costs and carbon emissions

Dubai Electricity and Water Authority (DEWA)’s R&D Centre employs Artificial Intelligence (AI), Machine Learning (ML) and Deep Learning (DL) to promote DEWA’s efforts to enrich the experience of customers, employees,… Read more

National banks’ gross assets in UAE stand at AED 3 trillion in first five months of 2022: CBUAE

ABU DHABI, Total assets of the 22 national banks rose to AED 3.023 trillion in the first five months of 2022, up 4 percent (AED 117.3 billion), according to latest… Read more

DFM announces inclusion of TECOM to General Index

DUBAI, Dubai Financial Market (DFM) announced the inclusion of TECOM Group to DFM General Index and to Real Estate Index sector.In a statement issued today, DFM said that the inclusion… Read more

DUBAI CHAMBERS ANNOUNCES LEADERSHIP CHANGE

Dubai, UAE: The Dubai Chambers has announced a leadership change, with His Excellency Hamad Buamim, President & CEO, moving on after 16 years of exceptional service to the organisation. He… Read more

dnata extends partnership with GOL Airlines in Brazil

DUBAI, dnata, one of the world’s largest air and travel services provider, has extended its long-standing partnership with GOL Airlines (GOL), a leading Brazilian low-cost carrier.The extension of the contract… Read more

Amanat Holdings reports 7% growth in net profit in H1 2022

DUBAI, Amanat Holdings has announced its financial results for the first six months of this year, reporting an adjusted net profit of AED67.4 million, a 7 percent increase on the… Read more

Dubai Aerospace Enterprise reports 186% growth in profit in the first six months

DUBAI, Dubai Aerospace Enterprise (DAE) Ltd today has reported an increase of 186 percent in its profit for the first six months of this year, reaching US$140.1 million.According to the… Read more

ADIB hosts 6th edition of ‘Speed Meeting’ in collaboration with DIFC FinTech Hive

ABU DHABI, Abu Dhabi Islamic Bank (ADIB), in collaboration with DIFC FinTech Hive hosted a "speed meeting" session for the sixth consecutive year. The session aimed at meeting shortlisted participants… Read more

TECOM Group H1 2022 net profit jumps 43.4% to AED428 million on sustained increase in occupancy rates

DUBAI, Dubai’s Tecom Group, a member of the Dubai Holding group, today announced its financial results for the second quarter (Q2) and first half (H1) ending 30th June, 2022.Revenue for… Read more