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May 15, 2024

Business Blog

Latest News

Salik Reports Q1 2024 Revenues of AED 562 million, Up 8.1% YoY

The Board of Directors of Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, chaired by His Excellency Mattar Al Tayer, Chairman …

FINANCIAL SERVICES

Fitch Ratings affirms RAKBANK’s ‘BBB+’ rating; outlook stable

Fitch Ratings has affirmed the long-term issuer default rating (IDR) …

AVIATION

Dubai’s Emirates airline to launch NFTs for travellers, staff

Dubai’s long-haul operator Emirates airline is set to enter the …

Latest News

UAE and US Mars missions to team up on science data analysis

The Emirates Mars Mission, the first interplanetary exploration undertaken by …

INVESTMENT

Abu Dhabi’s ADQ buys stakes worth $1.85bln in Egyptian firms

Abu Dhabi’s state holding company ADQ has bought shares worth …

Latest News

66% of UAE visited a hotel or restaurant for luxury high tea in 2021, says Dilmah

Tea is enjoying fresh appreciation amongst youth as a trend …

Latest News

Ramadan 2022: MAG Group donates AED1 million to 1 Billion Meals drive

In support of the initiative to distribute 1 Billion Meals, …

EQUITIES

RAKBank shareholders approve cash dividend of 22.5% at AGM

RAKBank successfully concluded its annual general meeting (AGM) today through …

ECONOMY

Sharjah’s SCCI records jump in new memberships in Q1 2022

The Sharjah Chamber of Commerce and Industry (SCCI) experienced a …

Latest News

Dubai Air Navigation Services, Serco Middle East renew agreement for two years

Dubai Air Navigation Services (dans), the leading organisation responsible for …

Dubai Next attracts 398 contributors, approves 62 campaigns in less than a year

Dubai Next, the digital crowdfunding platform that has attracted many …

CURRENCIES

S.Korea, UAE agree to extend currency swap agreement for five years

South Korea’s central bank said on Wednesday it has agreed …

HYDROGEN

PROJECTS: Greenko and John Cockerill partner to develop green hydrogen electrolysers in India

India-based Greenko ZeroC, a subsidiary of Greenko Group and Belgium-based …