business
Can the Fed intervene to calm global markets?
Dubai TECOM Group’s net profit rises to $164.17 million, revenue surges 9 percent to $299.48 million
The Group's top-line growth contributed to a 9 percent YoY surge in EBITDA, which reached $243.94 million
Customers carried out over 1.1 million digital transactions through the authority's website
Gross credit grew 0.7 percent from AED2.063 trillion in April 2024 to $565.47 billion
The sea area designated for use grew by 16.9 percent YoY, with ¥500 billion in projects
The two countries agreed to develop economic partnership
Brent oil futures for October delivery rose 0.4 percent to $79.84 per barrel
Net profit from operations also surged to $1.38 billion, marking a 92 percent year-on-year increase
Seven new real estate projects launched in the emirate, including residential complexes and towers.
The proposed agreement aims to enhance cooperation, streamline investment regulations, and create new jobs
The growth is due to strong investor interest in recent high-profile listings like Parkin and Spinneys
