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This change, effective September 4, aims to position the Kingdom as a global tourism leader
The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.
The report stated that high interest rates kept profit margins at 2.7 percent, with strong bank profitability in H1
The event will address economic challenges through collaborative investment strategies
Loutraki International is investing in Dubai’s real estate market through the Santorini Residences project
The central banks will share expertise and resources to address challenges and boost economic development
The partnership is formed amidst a booming UAE air conditioning market worth over $650 million, driven by real estate growth
Brent crude futures for November rose by 15 cents, or 0.1 percent, to $72.85
Western European countries topped the list of tourists to Dubai, with about 2.086 million visitors
By the end of May, these banks had elevated their equity investments to AED16.1 billion
In July 2024, Masdar successfully raised $1 billion through its green bond issuance under its Green Finance Framework
The authority launched 200 new temporary parking slots and a 500-meter roadway
Consumer price inflation (CPI) rose 2.47 percent in August, driven by higher gas prices
Saipem will be responsible for the EPCI three production deck modules, 33 km of subsea pipelines, and 34 km of power cables
Other notable agreements included collaboration in communications and information technology
This new route will benefit business and leisure travelers, boosting tourism and trade between the two countries
So far this year, gold prices have gained over 29 percent, rising to a record high of $2,531.60 on August 20
Brent Oil Futures fell by 4.9 percent, closing at $73.75 per barrel
Dividends will be distributed to shareholders registered by the end of the business day on September 12
The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year
Growth is stabilizing, the current account deficit is narrowing, risk premiums are down, says minister
flynas will operate seven weekly flights from Jeddah and two from Madinah to Sharjah Airport, using Boeing 737s
Ceremony also featured the distribution of valuable gifts and an AED3 million prize pool awarded to over 200 winners
Forum provides a platform for collaboration and dialogue between think tanks in both countries to explore opportunities for joint academic projects
