Anupam Varma
Dubai Investments’ net profit before tax up 21 percent at $354 million
Total income for 2024 reached AED4.66 billion, driven by strong performance across the real estate and the investment segment
Dubai’s endowment assets cross $3 billion in 2024: Sheikh Hamdan
Real estate accounts for the largest share of endowments, valued at AED10 billion
DP World reports record $20 billion revenue in 2024
The revenue growth was primarily because of improved performance from ports and terminals
Aldar Investment Properties raises $500 million with green sukuk
The issuance was oversubscribed 7.2 times, attracting $3.6 billion in orders
Sheikh Hamdan approves over 17,000 new affordable homes, boost for legal consultancy in Dubai
The first phase of the project will develop six sites in Al Mueisim 1, Al Twar 1, Al Qusais Industrial 5, and Al Leyan 1
Abu Dhabi’s MGX invests $2 billion in Binance, takes minority stake
The investment represents MGX’s first entry into the cryptocurrency and blockchain sectors
Al Etihad Payments to launch co-branded Jaywan debit, prepaid cards with Mastercard
Al Etihad Payments ties up with Mastercard to offer the co-branded cards in the UAE
National Investment Strategy to boost UAE’s global hub status: Minister
The target is to increase foreign direct investment stock to AED2.2 trillion by 2031
IMF unlocks $2.5 billion for Egypt after loan review
Lender approves $1.2 billion from the disbursement programme and $1.3 billion under a separate facility
ADQ to become majority shareholder in Aramex
ADQ will have cumulative ownership of 58 percent of the shares, subject to successful completion of the transaction
TECOM Group shareholders approve $109 million cash dividend for H2 2024
TECOM Group saw an 11 percent year-on-year increase in revenues to AED2.4 billion in FY2024
