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Banking & Finance
UAE public joint-stock companies distribute $16.8 billion in cash dividends and bonus shares in 2023, reports SCA
Of this total, 94 percent was for cash dividends and 6 percent for bonus shares
Economy
New Georgian Business Council established by Dubai Chamber of Commerce to boost trade, investment
This initiative enhances collaboration between Dubai and Georgia's private sectors
Economy
UAE’s economy projected to grow 4.8 percent in 2025 driven by non-oil sector, tourism surge: Oxford Economics
The non-oil sector is expected to grow by 4.6 percent year-on-year in 2024
Economy
Oman-China trade exceeds $27 billion in 2023, enhancing economic ties and investment opportunities: OCCI
Al Saadi pointed out that the private sectors in both nations are crucial to driving mutual partnerships
Economy
Elliott Hill returns to Nike as President & CEO: What this could mean for the brand’s future?
Hill spent 32 years at Nike, holding senior roles across Europe and North America, and helped grow the business to over $39 billion
Economy
International tourism reaches 96 percent of pre-pandemic levels with 790 million travelers in early 2024
The surge was fueled by robust demand in Europe and the reopening of markets in Asia and the Pacific
Hospitality & Tourism
Etihad Airways marks 20 years of linking India to Abu Dhabi and beyond
The carrier boosted seat capacity from Abu Dhabi to India by adding flights to Ahmedabad, Bengaluru, and Kolkata
Economy
Sharjah Investment Forum 2024 attracts 5,000+ attendees, paving path to smart economies
The event highlighted Sharjah’s strategic role as a prime destination for FDI
Economy
Oil prices slip as traders lock in profits, weekly rise boosted by U.S. rate cut
Brent oil futures, set to expire in November, dropped 0.4 percent to $74.60 per barrel
Economy
Ooredoo Qatar upgrades to Oracle Exadata Cloud@Customer, pioneering AI-driven innovation
Database 23c AI will bring advanced AI capabilities, streamlining app development and enhancing critical workloads
Economy
VERSES AI, Analog launch smart city pilot in Abu Dhabi to optimize taxi fleet management
The project aims to simulate taxi fleet management in Abu Dhabi using the Genius platform
Economy
AD Ports Group’s 2023 highlights: 5,000 tons of CO2 saved, 124 CSR projects launched
The Group achieved 7 percent drop in electricity consumption, 174 percent increase in recycled waste
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