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Banking & Finance
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ADCB has transformed in terms of scale and profitability since the launch of its previous strategy in 2020
Polymer banknotes are also more durable and sustainable than traditional paper banknotes, lasting two or more times longer in circulation
Company's dividend was the highest of any issuer on ADX in 2024
The bank's asset quality improved with declining non-performing loans and strong loan-loss coverage ratios
The sukuk saw demand from over 100 investors, including a considerable amount of new investors
In 2024, DEWA Group delivered another year of strong performance, reporting consolidated full-year revenue of AED30.98 billion
Energy
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Upon completion, the project will generate approximately 50 million kilowatt-hours of clean electricity annually
Masdar's collaboration with Endesa is expected to greatly support Spain's National Energy and Climate Plan targets
OPEC+ ready to move forward with scheduled output increase in May
Aramco's investments in China are currently in Fujian, Liaoning, Zhejiang and Tianjin
BHIG targets the production of blue hydrogen through the capture and storage of carbon dioxide
Company's dividend was the highest of any issuer on ADX in 2024
Health
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UAE plays a key role in the World Health Organization’s roadmap to eliminate tuberculosis by 2030
Agreement establishes referral pathways for international patients, allowing for direct case management and clinician access
In 2024, the group achieved revenues of AED25.8 billion, EBITDA of AED4.1 billion and a net profit of AED1.7 billion
Healthcare is one industry that has so much potential to shape a nation’s growth
With the unwavering support from Dubai SME, Orthocure Medical Center is now at the forefront with state-of-the-art services including robotic surgery
Initiatives include dedicated portals for health tourists and specialized entry permits
Industry
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This initiative integrates UAE firms like EPI and Strata into the global supply chain effectively
The initiative aims to expand company's portfolio and drive strategic growth
The collaboration focuses on investments in Africa, North America, and Central Asia across the critical minerals value chain
This project will enhance the national economy while advancing sustainability and circular economy goals
This substantial investment underscores the burgeoning growth within the regional sector
McKinsey & Company projects that the global semiconductor market will reach $1 trillion by 2030
Logistics
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ATA Carnets provide substantial cost savings by exempting exporters from VAT and customs duties
ADNOC L&S expects revenue to grow in the mid to high 40 percent range from 2024 to 2025
Airline aims to serve 44 cities with its fleet of refurbished Boeing 777 and Airbus A380 aircraft by September 2025
Before launching, RTA conducted a survey on demographics, transport access, and user preferences
UAE delegation expressed its support for the integration of developing economies into global supply chains
The 1,210-meter bridge features three lanes, accommodating up to 4,800 vehicles per hour
Markets
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PCE and GDP data on the horizon for market insights
OPEC+ ready to move forward with scheduled output increase in May
Spot gold was up 0.1 percent at $3,025.12 an ounce
West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel
In February, China's finance ministry released a framework for sovereign green bonds, paving the way for offshore issuances
The U.S. dollar index gained 0.15 percent to 104.01 on Friday, making crude more expensive for foreign buyers
Miscellaneous
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GCC countries dominated this year's ranking with Qatar coming in third place and Oman ranking fifth globally
The plan focuses on four goals: judicial performance, integrated services, future capabilities, and a digital system
If the first day of Eid al-Fitr 2025 is Sunday, official work will resume on Wednesday, April 2, 2025
This holiday is for government employees celebrating Eid across various public sector entities
Official operations will recommence on the 4th of Shawwal 1446 AH
The law mandates equal pension distribution among daughters and sons, ensuring fairness in shares
Real Estate
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Unit owners can settle outstanding service fees with flexible six-month payment plans through management companies
Growing profits, record cash, and reduced debt bolster Majid Al Futtaim’s strong full-year 2024 financial results
Dubai's residential sector saw 32 percent sales growth in 2024, reaching $99.9 billion, driven by investor interest
Dubai's real estate tokenization sector is projected to reach AED60 billion by 2033
Dubai Municipality launches Home First initiative to enhance housing facilities for Emirati families
Program aims to strengthen family bonds, promote social values and create a sustainable residential environment
Program aims to improve the living standards for individuals and families alike in addition to strengthening social integration
Telecom
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More than 2,900 exhibitors, sponsors and partners participated in the event
Data usage during Ramadan has already increased by 37 percent while voice services increased by more than 18 percent
MWC Doha will be held in November this year with the participation of all MENA and Arab operators
This initiative will boost digital transformation and establish Qatar as a global digital innovation hub
The participation highlights digital investment opportunities, enhances Qatar's tech hub status
