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May 3, 2024

Business Blog

Latest News

Emergency and Crisis Authority” Sets Precautionary Measures to Address the Upcoming Weather Condition

The National Emergency, Crisis, and Disaster Management Authority affirmed the national readiness to deal with the upcoming weather condition by holding a series of meetings …

business gate

Dubai’s Union Properties returned to profit in 2022 but faces dissolution vote

Dubai-based Union Properties (UPP) returned to a profit of AED …

ENERGY

UAE’s Dana Gas accrued $32mln in interest on Iran’s NIOC award

The UAE-based energy firm Dana Gas said on Monday its …

AFRICA

Dubai-based Shelf Drilling wins $118mln rig contract in Nigeria

Dubai-based Shelf Drilling has secured a two-year contract for its …

EQUITIES

Presight AI announces start of subscription period for IPO

Presight AI Holding, a G42 company, today announced the opening …

DEWA

DEWA commissions a new 132/11 kV transmission substation in Tilal Al Ghaf

Dubai Electricity and Water Authority (DEWA) announced on Monday that …

GCC COUNTRIES

Over 70% units of St Regis residential tower in Dubai sold out

UAE brokerage Driven Properties has announced that it has received …

ECONOMY

Jafza records 30% growth in new customer registrations in 2022

  DP World’s Jebel Ali Free Zone (Jafza) witnessed the …

Latest News

UAE astronaut Sultan AlNeyadi posts first selfie from space

Emirati astronaut Sultan AlNeyadi is soaring. Literally. Nearly a week …

business gate

EDGE to establish joint research and development centre

  EDGE’s GradeOne, a defense trading specialist concentrating in manufacturing …

EQUITIES

Dubai Salik board proposes $133.7mln dividend

  Dubai road toll operator Salik, which listed its shares …

CLIMATE CHANGE

UAE’s Jaber urges Big Oil to join fight against climate change

  A top oil executive from the United Arab Emirates …

business gate

Abu Dhabi’s ADNOC Drilling board recommends $341.25mln dividend

The board of directors of ADNOC Drilling is recommending a …