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December 23, 2024

Business Blog

Latest News

DEWA SAT-1 sends 2,690 MB of data related to its work to ground station

Dubai Electricity and Water Authority (DEWA) announced that its nanosatellite, DEWA-SAT 1, has transmitted 2,690 megabytes (MB) of data related to DEWA’s work to the …

AIRLINES

Dubai Aerospace Enterprise hikes bond repurchase program by $300mln

The board of directors and shareholders of UAE-based airplane lessor …

Banking

Dubai Islamic Bank posts 12% rise in Q1 profit, beats estimate

Dubai Islamic Bank, the UAE’s largest Islamic lender, posted a …

business gate

Dubai among the fastest-growing cities for the super-wealthy

Dubai is among the fastest-growing cities for the super-wealthy, according …

business gate

Qatar and UAE in process of restoring diplomatic ties, official says

  Qatar and the United Arab Emirates (UAE) are in …

ISLAMIC FINANCE

UAE property developer DAMAC to sell 3-year Islamic bond Tuesday

  Dubai-based real estate developer DAMAC plans to sell a …

AIRLINES

Etihad Cargo, China’s SF Airlines connect their mega hubs

  Etihad Cargo, the cargo and logistics arm of Etihad …

business gate

Former Union Properties chairman, others to pay company $168.8mln

Union Properties PJSC has reached an AED 620 million ($168.8 …

BONDS

Abu Dhabi TAQA places $1.5bln in dual tranche notes

Abu Dhabi National Energy Co. (TAQA) has placed an aggregate …

EQUITIES

MBME to list on Abu Dhabi Securities Exchange Growth Market on April 17

MBME Group, the UAE’s largest payment aggregation platform, has announced …

AIRLINES

Dubai: Airline announces flight cancellations to Sudan amid ongoing conflict

Flydubai has cancelled flights to Sudan “due to the current …

business gate

COP28 President-Designate calls on G7 Countries to deliver on practical, inclusive energy transition

  Dr. Sultan bin Ahmed Al Jaber, Minister of Industry …

DIPLOMACY

UAE calls on all parties in Sudan to exercise restraint, state media

  The United Arab Emirates called all parties in Sudan …