UAE: New digital bank Wio gets Central Bank licence, appoints senior leadership
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Wio Bank – an integrated digital banking platform – has announced the appointment of Salem Al Nuaimi as Chairman of the Board and Jayesh Patel as chief executive officer. The […]
Al Ameen Service launches ‘WeGotYourBack’ campaign in cooperation with Digital Dubai
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Digital Dubai has joined forces with Al Ameen Service to address issues ranging from reporting cybercrime, blackmail or matters related to security and social services, as part of its efforts […]
Dubal Holding, Nature Alu to set up UAE’s first HPA facility
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Dubal Holding, the investment arm of the Dubai Government, has teamed up with Nature Alu (NA), the only North-American maker of high-purity aluminium, to set up the UAE’s first high […]
Abu Dhabi to develop new electric vehicle charging infrastructure
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Abu Dhabi will get new charging infrastructure and other related digital platforms following an agreement between two companies. Mubadala Investment Company PJSC (Mubadala) and ENGIE, a worldwide energy leader on […]
UAE: New 1,500MW solar plant in Abu Dhabi to power 160,000 homes
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A new solar plant with 1,500-megawatt (MW) capacity will be developed in Abu Dhabi, a top official said during the World Utilities Congress held in the Capital. Emirates Water and […]
Emirates Steel Arkan posts profits in Q1-22
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The net profits of Emirates Steel Arkan skyrocketed to AED 72.58 million in the first quarter (Q1) of 2022, compared to AED 1.22 million in the year-ago period, according to […]
Agthia records 64% rise in Q1-22 profits
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The net profits attributable to the owner of Agthia Group surged by 64% to AED 82.19 million in the first quarter (Q1) of 2022 from AED 49.58 million in the […]