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Free zone posted a notable expansion in the technology sector, registering 226 new companies, including 14 gaming and nine AI companies
Among the top-ranking GCC cities were Kuwait City, Doha and Bahrain in the 3rd, 4th and 5th places, respectively
EBITDA reached AED6.6 billion, operating profit of AED3.3 billion and profit after tax of AED2.6 billion
Company's non-fuel retail gross profit increased by 13.5 percent annually in Q2 2024 to $56 million
The company will pay its first post-IPO interim dividend of $27.93 million
The UAE is one of only 36 countries worldwide currently piloting the implementation of CBDCs
The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023
By 2023, PCFC had 600 employees, 96,000 clients, 400 suppliers, and 26 strategic partners
Fed's decision to hold rates for the seventh time impacted performance of global financial markets and Arab stock exchanges
The carrier’s European network already includes Budapest, Catania, Krakow, Milan-Bergamo, Prague, Salzburg, and Zagreb
As many as 15 government entities are participating in the ‘Our Flexible Summer’ initiative
Partnership to provide the means to drive blockchain and crypto adoption amongst early-stage companies and scale-ups
The aggregate amount of royalty payable by the e& group in the first half of 2024 reached $748.43 million
The company earned $116.52 million in profit before tax, a 6.3 percent increase from the same period in 2023
Dubai is the most popular city on TikTok, with over 29.7 million posts
Al Ain City also saw substantial growth, with a 77 percent rise in rental contracts reaching 4,819 in 2024
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
New facility seamlessly and securely connects publicly accessible areas with the terminal's secured areas
The two countries agreed to develop economic partnership
The growth is due to strong investor interest in recent high-profile listings like Parkin and Spinneys
Digital Dubai outlines measures to realize vision for AI-enabled data center sector
E-bookings accounted for 40 percent of the total number of taxi journeys in Dubai during the first half of this year
