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December 22, 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 …

Banking

Asset growth in UAE’s banking sector likely to be sluggish in 2023

  The UAE banking sector’s asset growth is expected to …

ADNOC

Abu Dhabi’s ADNOC Gas shares up 18% over IPO price

  Shares of ADNOC Gas jumped about 18% over its …

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 …