Skip to main content Skip to footer 
Fed's decision to hold rates for the seventh time impacted performance of global financial markets and Arab stock exchanges
This represents 31 percent increase YoY
The arena features 20 Grand Turismo simulators of which 17 are adult seats and three are for younger guests
IHC continued to expand its balance sheet with a 37 percent rise in its total asset position to AED362.9 billion
The aggregate amount of royalty payable by the e& group in the first half of 2024 reached $748.43 million
Inception 70B is for Arabic NLP and accelerates Generative AI in customer service, content, and data
Rorix Holdings aims to accelerate trade volumes, attract foreign investment, and foster economic partnerships
Al Ain City also saw substantial growth, with a 77 percent rise in rental contracts reaching 4,819 in 2024
Gross credit grew 0.7 percent from AED2.063 trillion in April 2024 to $565.47 billion
The two countries agreed to develop economic partnership
Net profit from operations also surged to $1.38 billion, marking a 92 percent year-on-year increase
The UAE and Saudi Arabia reported 94 deals, accounting for 61 percent of the overall domestic M&A deal volume
Cybersecurity experts stressed the need for improved vigilance and protective measures against growing threats
Higher sales and cost efficiencies drove the company's highest-ever production volumes
This represents a year-on-year surge of 333 percent
The agreement aims to liberate trade between both countries, empower women in commerce
Zayed International Airport alone facilitated 13,726,550 passengers, a 33.8 percent increase compared to the same period in 2023
This translates to an adjusted profit before tax margin of 70 percent, up by 4 percentage points from H1 2023
The launch reflects the UAE's vision to establish itself as a global AI hub
Expansion supports ADNOC’s target to increase its production capacity to 5 million barrels of oil per day by 2027
Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates
The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships
Expected to begin operations in Q3 2027, the Madinat Zayed project will provide up to 1.5 gigawatts of backup generation
This investment signals the UAE's commitment to accelerating the growth and adoption of digital technologies across its economy
