SHARJAH: Sharjah Islamic Bank (SIB) announced an increase in its net profit by 25.8%, amounting to AED622.4 million for the first six months of 2024, compared to AED494.6 million for the same period of the previous year. Net profit after tax amounted …
AJMAN: H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank Board of Directors, chaired the meeting held today at the bank’s headquarters. Attending the meeting were the bank’s board members and Mustafa Al Khalfawi,…
ABU DHABI: Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), today announced its impressive performance for the first half of 2024. This ach…
Baghdad, Oil prices rose at the settlement at the end of trading on Wednesday, after three consecutive days of losses.
Brent crude futures contracts rose by $1.35, or 1.61 %, to reach $85.08 per barrel at settlement.
US West Texas Intermediate crude…
AJMAN: Ajman’s real estate market witnessed remarkable growth in the first half of 2024, with 7,071 transactions valued at over AED9 billion, reflecting a 33 percent increase compared to the same period in 2023.
According to a report by Ajman’s Land …
HARARE: Al Yah Satellite Communications Company PJSC (Yahsat), the UAE’s flagship satellite solutions provider, organised a high-level forum with several Zimbabwean Government Ministries, providing live demonstrations of its newest space technology.
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ABU DHABI: Plenty Unlimited Inc. (Plenty) and Mawarid Holding Investment (Mawarid), a subsidiary of Alpha Dhabi Holding, announced they have entered into an exclusive, multi-year, region-wide partnership to bring locally grown fresh produce to countri…
ABU DHABI: Following the success of its inaugural event, ADGM, the international financial centre, hosted its second Al Reem Island Business Community Event. This event underscores ADGM’s ongoing commitment to engaging with local businesses and suppor…
ABU DHABI: Mashreq Bank has allocated an additional AED1 billion in financing solutions to enhance the country’s industrial sector’s growth and support its competitiveness and productivity.
This aligns with the objectives of the National Strategy for…
ABU DHABI: Abu Dhabi Energy Services (ADES), a subsidiary of TAQA (Abu Dhabi National Energy Company), announced the commencement of a 9000-kilowatt peak (kWp) solar photovoltaic (PV) project for the United Arab Emirates University (UAEU) in Al Ain.
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ABU DHABI: The UAE General Civil Aviation Authority (GCAA) has signed a contract with Global Air Navigation Services (GANS) for the provision of training services for Air Traffic Controllers.
The contract will see GANS provide training services to GC…
DUBAI: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has supported Kilimanjaro Energy’s expansion into China.
The chamber’s efforts contributed to signing a Memorandum of Understanding (MoU) be…
