A senior official said on Wednesday that the European Union has earmarked USD 1.9 billion worth of investments in Egypt’s private sector.
Dr. Rania Al-Mashat, the Minister of International Cooperation, announced the hefty European allocation, accordi…
ABU DHABI: The 2024 China-Arab Entrepreneurs Summit kicked off today in Abu Dhabi today, bringing together over 200 delegates from the business sectors of China and Arab countries. The summit is jointly organised by the Sino International Entrepreneur…
DUBAI: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced details of several notable achievements during the first quarter of 2024.
The chamber’s continuing strong performance reflects t…
DUBAI: Reinier Weerman, General Manager, Upfield Middle East and North Africa reaffirmed the company’s strategy and global awareness efforts to persuade a broader audience into adopting a more plant-based diet.
Upfield, he said, aims to continue to…
ABU DHABI: The Abu Dhabi Businesswomen Council (ADBWC) and Etihad Airways have signed a Memorandum of Understanding to support 25,000 women-owned small and medium-sized enterprises (SMEs) operating in the capital.
Etihad will consider members of the …
SHARJAH: Value of real estate transactions in various regions and cities of Sharjah has reached AED1.7 billion during April 2024, with a total 1,632 transactions across 6.5 million square feet of total sales transaction area, according to the Real Est…
DAMMAM: The UAE, represented by the Ministry of Energy and Infrastructure (MoEI), participated in the second committee meeting of the Joint Arab Electricity Market and the second phase of the Knowledge Sharing Programme.
The event was hosted by the G…
SHARJAH: The Sharjah Chamber of Commerce and Industry (SCCI), in collaboration with the Economic Development Board of the Republic of Mauritius, hosted the Sharjah-Mauritius Business and Investment Forum on Wednesday to foster investment cooperation a…
DUBAI: Watania International Holding (WIH) reported today a net profit of AED5.9 million in its preliminary consolidated results for the first quarter ended 31st March 2024.
In a statement issued by the company on Wednesday, it said that combined ope…
ABU DHABI: Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, along with Infinity Power, the largest African renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused development and in…
DUBAI: Islamic Arab Insurance Company ‘SALAMA’, listed on Dubai Financial Market, has reported topline growth with a profit of AED17.58 million in its first quarter of 2024, increasing by 118%, compared to AED8.04 million in Q1 2023.
In a statement t…
ABU DHABI: Standard and Poor’s Credit Ratings Agency (S and P Global) said the profitability of GCC Banks will remain strong in 2024, and their asset quality will stay robust despite higher-for-longer rates, due to supportive economies, contained le…
