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November 12, 2024

Business Blog

Latest News

UAE President and Emir of Kuwait discuss fraternal relations and efforts to strengthen Gulf cooperation

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, discussed …

business gate

UAE’s Al Ansari Financial Services net profit up 7%, looks to add branches

The UAE-based Al Ansari Financial Services has seen its profit …

business gate

COP28 President-Designate convenes CEO decarbonisation roundtable at UAE Climate Tech Forum

  COP28 President-Designate Dr. c convened a CEO roundtable on …

business gate

UAE at forefront of global crisis management, experts agree at CEMS Abu Dhabi

The Crisis and Emergency Management Summit (CEMS) – Abu Dhabi, …

ADNOC

ADNOC Drilling posts 25% jump in Q1 net profit

ADNOC Drilling Co., a subsidiary of Abu Dhabi’s state oil …

AIRLINES

Emirates airline earmarks $200mln fund for sustainability research

Emirates airline has announced a $200 million sustainability R&D fund …

Banking

Central Bank of UAE issues its 2022 Annual Report on monetary, financial stability

    The Central Bank of the UAE (CBUAE) issued …

business gate

UAE’s Khazna to enter Egyptian market with Benya through $250mln investment

Khazna Data Centers, headquartered in the UAE, unveiled its plan …

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Abu Dhabi to implement Demand Side Management regulations from 1 July

Abu Dhabi’s Department of Energy announced that it aims to …

CLIMATE CHANGE

UAE Climate Tech forum kicks off in Abu Dhabi with 1,000 technology and climate leaders

  The UAE Climate Tech forum, with the participation of …

EQUITIES

Emirates Steel Arkan Q1 net more than doubles to $41.45mln

UAE – Emirates Steel Arkan, the largest publicly traded steel …

FINTECH

SoftBank nears deal to sell Fortress to Mubadala for up to $3bln- FT

SoftBank Group Corp is in late-stage talks to sell asset …

business gate

UAE’s SirajPower completes 3.9MWp rooftop solar plant for Al Tajir Glass Industries

UAE-based distributed solar company SirajPower announced on Tuesday the successful …