Its operating profit for the 2022 financial year came in at $73.8m, increasing 22 per cent
Anchor investors will subscribe for 40 per cent of the shares at the maximum price
The fund will allocate an amount equalling the net proceeds of the issuance to fund eligible green projects in line with its Green Finance Framework
The first stage of the programme will see the launch of the Card Domestic Scheme, an instant payments platform, and the issuance of Central Bank Digital Currency
The loan doubles the OPEC Fund’s commitment to AFC following an initial $50m 10-year loan provided in January 2021
With many children spending a little too much time playing video games, learn to spot the signs things may be spinning out of control
The financing is provided in cooperation with Standard Chartered Bank
If you’re new to EVs, here’s a charging primer to get you up to speed
The revenue for 2022 rose by 12 per cent YoY to Dhs1.97bn due to a significant increase in new customers and the delivery of new built-to-suit projects
The office will promote trade from Hong Kong to Dubai and attract more businesses to the emirate
The emergency aid on Istanbul-bound flights will be delivered to earthquake-stricken sites in southern Türkiye and Syria
The second edition welcomed more than 172,000 attendees
If you’re registered for the smart gates, you can pass through by simply looking at the green light, with no need to scan a document
UAE serves as the headquarters for Africa and is operated separately from the rest of the Middle East organisation
Over the years, Ducab has supplied over 1,428 kilometres of cables to the Indian market, which is equivalent to the distance between Delhi and Mumbai
The new rules provide guidelines for family businesses holding assets and operating in or from DIFC, in support of their succession and legacy planning for future generations
Deimos is the smaller and outermost of Mars’ two natural satellites
Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year
The carrier will introduce two new routes from its Abu Dhabi hub to Copenhagen in Denmark and Düsseldorf in Germany
The company’s shares declined 9 per cent to $98.40 at 11:26 a.m. New York time
The new service to Kolkata will mark the carrier’s seventh destination in India
The company saw growth in other key areas such as air traffic movements across its five airports, which totalled 194,667
The fund has already invested in 16 companies and plans to list three of them on the Saudi stock exchange and two in the US next year
The Rare Antiquities is bridging the gap between real world art and digital art with this auction on February 12
KPMG has allocated a dedicated co-investment fund for metaverse use-cases in Saudi Arabia to work together with public and private partners on expediting the technology for practical use
Restrictions to the social-media platform started Wednesday afternoon
Investors in the region could be missing a big opportunity, as investment firms globally are facing increasing demand for ESG investment products that integrate thematic ESG strategies and comply with regulatory requirements
Located in Agility Logistics Park, the facility is equipped with over 250 autonomous robots
The new mechanism does not amend the annual targets, which require companies with 50 employees or more to achieve a 2 per cent increase in Emiratisation by end of the year
DEWA’s annual consolidated revenue increased 15 per cent to Dhs27.35bn in 2022