The new ecosystem will benefit from the regulated environment of Abu Dhabi Global Market
The company plans to expand its drone and robot delivery testing across the Middle East and Africa region
Emaar’s group property sales in 2022 reached $9.5bn, primarily driven by new project launches
Expansion comes amid plans to invest up to $20m into the region over the next three years
Establishing alliances beyond the traditional realm of finance are expected to yield promising returns for the advisory firm. And the returns may not be only monetary in nature
The deal includes a downstream portfolio of 240 fuel retail stations, more than a 100 convenience stores, and over 250 lube changing stations
The UAE has been investing and setting up regulatory bodies specialising in financial crime, particularly, the Executive Office of Anti-Money Laundering and Counter Terrorism Finance
UAE-based F&B brands such as Foodlink, Bhukkad Cafe, Farzi Cafe, Cali Poke and Papa Johns, among others have signed up to release their NFTs for signature dishes
The transactions are part of the fund’s strategy to enable the kingdom’s strategic sectors
The mall is in the initial phase of development and will open to visitors after multiple stages of testing
The entities signed the agreement during the World Government Summit to support investments in emerging markets related to climate mitigation and adaptation, the adoption of clean technologies, and food security
Non-oil sectors contributed 50.3 per cent to the GDP, with an increase of Dhs39bn compared to the same period in 2021 to reach Dhs417.3bn in total by the end of Q3 2022
In the five years since its operations in the UAE, the company has grown 10 times in the country
Full-year revenues grew by 9.2 per cent to total Dhs12.75bn, while EBITDA increased by 12 per cent to equal Dhs5.14bn
The framework will look at accelerating the adoption of distributed photovoltaic systems, and the development of innovative new technologies and business models in emerging markets
To minimise the risk of a cyberattack enterprises must adopt a comprehensive approach – the right solutions, capabilities and processes
Basel Ziyadeh will succeed Dr Essam Mohamed, who stepped down from the role, having joined in 2020
The company proposed a dividend amount of Dhs425m for the second half of 2022
The facility is set to open in 2026 and will produce enough batteries to power 400,000 EVs a year
ADNOC Drilling reported that its full-year earnings before interest, taxes, depreciation and amortisation touched $1.23bn
The airline served more than 12.8 million passengers in 2022 from its seven hubs across the UAE, Morocco, Egypt, Armenia, and Pakistan
The second tap was executed based on investor feedback and inquiries, following extensive roadshows across the UK and GCC
The bank’s total income for 2022 was Dhs3.451bn, reflecting a 6.9 per cent YoY increase
In November last year, DIB priced its inaugural sustainable sukuk, a $750m five-year senior issue with a profit rate of 5.493 per cent per annum
Both the organisations aim to achieve net-zero carbon emissions by 2050
Saudi Tabreed currently manages 779,000 tonnes of refrigeration (TR) via contracts with major companies in Saudi Arabia
The trials will be conducted at Burjeel Medical City, and will include clinical, radiologic, and laboratory assessments
The company’s spokesperson Laura Davis stated that the cuts were part of regular business planning
Rayyanah Barnawi and Ali Al Qarni will travel to the International Space Station during the second quarter of 2023
The initial network of vertiports will connect four main areas of Dubai: Downtown Dubai (Burj Khalifa area), Dubai Marina, Dubai International Airport and Palm Jumeirah