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The company's gross profit for H1 2024 reached $22.86 million, translating to a gross margin of 31 percent
The event seeks to leverage AI to enhance public services, health, and education
Bybit supported and advised over 20 startups, helping them establish a foothold in Dubai's dynamic crypto landscape in 2023
The company will become the 12th member of the MSCI UAE index after meeting the necessary criteria
Free zone posted a notable expansion in the technology sector, registering 226 new companies, including 14 gaming and nine AI companies
Saudi Arabia's FDI inflows rose by 158 percent, from $7.46 billion in 2017 to $19.3 billion in 2023
This represents a 19 percent growth compared to the same period in 2023
The country’s annual urban consumer price inflation slid to 25.7 percent in July from 26.5 percent in June
The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023
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
Expenditure amounted to $61.25 billion, with a budget deficit of 3.6 percent
IHC continued to expand its balance sheet with a 37 percent rise in its total asset position to AED362.9 billion
The deal includes a $750 million convertible preferred investment and a $750 million unsecured term loan
The start of Q3 saw both output and new orders expand to a lesser degree
The approval of Ethereum ETFs brings more legitimacy to cryptos
Al Ain City also saw substantial growth, with a 77 percent rise in rental contracts reaching 4,819 in 2024
EV Holdings is Enersol’s third acquisition and comes following the company's agreement to acquire 51 percent of NTS Amega (NTS) last week
The two countries agreed to develop economic partnership
Seven new real estate projects launched in the emirate, including residential complexes and towers.
The UAE and Saudi Arabia reported 94 deals, accounting for 61 percent of the overall domestic M&A deal volume
The agreement aims to liberate trade between both countries, empower women in commerce
Non-oil trade between Dubai and Chile reached approximately AED5.3 billion over the past five years
Despite the surge in new units, the market remains imbalanced, with demand outpacing supply, data showed
