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February 7, 2025

Business Blog

GCC COUNTRIES

Arada completes over 1,600 new homes in East Village in Sharjah

    Arada has announced the completion of the first ...
ACQUISITION

UAE’s ADCB sells NPL portfolio worth $1.1bln to investment funds

UAE’s Abu Dhabi Commercial Bank PJSC  (ADCB) has sold a ...
FOOD

Rumailah Farm set to expand across UAE

“Our recent ventures to expand across the UAE are the ...
CLIMATE CHANGE

Climate-controlled 93-km cycle track announced for Dubai

Dubai will have a 93-km “climate-controlled” cycle highway called The ...
Banking

Mashreq’s 2022 net profit climbs to $1bln as customer deposits rise

  Mashreq, a leading Dubai-based lender, on Monday reported a ...
AUTOMOTIVE

RTA to tow, impound vehicles found violating traffic rules

The Roads and Transport Authority (RTA) of Dubai on Monday ...
business gate

Sharjah Shopping Promotions ends with over $54mln sales

The Sharjah Shopping Promotions, organized by the Sharjah Chamber of ...
ACQUISITION

Vertiv inaugurates new factory in Ras Al Khaimah

Vertiv, a global provider of critical digital infrastructure and continuity ...
CONSTRUCTION

Ellington Properties, DMCC to launch $327mln residential project in Dubai

  Dubai-based boutique developerEllington Properties and Dubai Multi Commodities Centre (DMCC) ...
ADNOC

UAE’s ADNOC to pilot carbon mineralising project in Fujairah

  Abu Dhabi National Oil Company (ADNOC) has partnered with ...
business gate

Dubai rents to rise further in 2023 due to strong demand, limited supply

    Property investors in Dubai can expect higher rental ...
business gate

Dubai Financial Services Authority unveils business plan for 2023-24

 Dubai Financial Services Authority (DFSA) has unveiled its Business Plan ...