Nasdaq-listed Anghami’s revenues hit $35.5mln in 2021

Anghami, the first Arab tech company listed on Nasdaq, has generated total revenues of $35.5 million in 2021, up 16% year-on-year (YoY). The Abu Dhabi-headquartered company’s subscription revenues amounted […]
EGA site recertified to Aluminium Stewardship Initiative

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside of oil and gas, today announced that its Al Taweelah site has been recertified to the Aluminium Stewardship […]
UAE-German non-oil trade rises 10.5% to $9.5bln in 2021

The UAE has become Germany’s most important trading partner in the Middle East, said Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, adding that the […]
UAE top banks’ profits, margin levels ‘take a hit’ in Q1

The profitability of the top ten UAE banks has deteriorated marginally by 0.3% in Q1 2022 and return on asset (RoA) remained flat at 1.4% during the quarter compared […]
UAE, Ukraine leaders talk post-war reconstruction, food security

The UAE has been invited to take part in the post-war reconstruction of Ukraine by its President, Voldymyr Zelenskiy, who also discussed the possibility of the emirates providing fuel to […]
Dubai’s branded residences now rival those in Miami, New York: Knight Frank

A bevy of new luxury properties being brought to the market has made Dubai a global leader in the branded residences market that now rivals favourites of the wealthy like […]
Air Arabia Abu Dhabi launches city check-in services

Air Arabia Abu Dhabi, the UAE capital’s first low-cost carrier, has announced the introduction of its City Check-in services in Abu Dhabi. The City Check-in service aims to provide passengers […]
Alpha Dhabi to invest $2.5bln in Alpha Wave Ventures II Fund

Alpha Dhabi Holding, an Abu Dhabi-based investment holding company, will invest 9.2 billion dirhams ($2.5 billion) in a venture fund launched at the beginning of the year, thus becoming its […]