DP World Financial Services, a DP World company, is to begin facilitating access to trade finance for smaller companies as part of DP world’s …
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Dubai’s Amlak Finance posts Dh197m H1 2021 net profit
Dubai: Amlak’s H1 2021 revenues decreased by 19 per cent to Dh117 million as compared to Dh145 million in H1 2020 excluding fair value losses on investment properties and gain on debt settlement. The …
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Dubai’s Emaar Properties reports drop in Q2 profit, H1 property sales hit record
Emaar Properties, Dubai’s biggest listed property firm, posted a 17 percent drop in quarterly profit, after a one-off asset sale boosted profit a year …
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Crypto platform Poly Network hacked in estimated $600mln cyberheist
HONG KONG/SINGAPORE/LONDON – A cryptocurrency platform has lost an estimated $600 million in digital tokens after one of the sector’s biggest ever hacking attacks, according to details of the heist …
Abu Dhabi-listed Yahsat post 28% surge in H1-2021
Revenue for H1-2021 at Dh698.4 million is marginally lower (3.9 per cent) compared to the prior year, but on a quarterly basis, revenues grew strongly in Q20-2021 across the business, illustrating the …
Abu Dhabi’s Mubadala, BlackRock form investment tie-up across private equity funds
A consortium led by BlackRock, the world’s largest asset manager, has invested in assets managed by Abu Dhabi state fund Mubadala and in a private equity …
UAE diagnoses 1,287 new COVID-19 cases, six deaths in 24 hours
The United Arab Emirates diagnosed 1,287 new coronavirus infections, 1,413 recoveries and six deaths in 24 hours, the country’s National Emergency Crisis …
Dubai’s Mushrif National Park to lay out 50km sand bike track
Dubai: Dubai’s Mushrif National Park will have a new 50km sand bike track, the first track of its kind to be built by Dubai Municipality, Dubai Media Office announced on Wednesday. In a series of …
Covid-19: Dubai expands home vaccination drive
People of determination, Emiratis aged over 50 years and Dubai residents over 60 are now eligible to receive the Covid-19 vaccine at home.. @DHA_Dubai expands its COVID-19 home vaccination drive to …
Dubai begins administering Pfizer vaccine to people of determination, elderly residents at home
Dr.Al Khaja also said that easy access to the vaccine by increasing vaccination centres and introducing the home service support the DHA’s goal of vaccinating 100% of the eligible population in Dubai …
Emaar Properties reports drop in Q2 profit, H1 property sales hit record
Dubai’s biggest listed property firm, posted a 17% drop in quarterly profit, after a one-off asset sale boosted profit a year earlier, but reported record sales of properties in the first half of the …
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UAE- TAQA Group reports net income of AED2.9 billion for H1 2021
(MENAFN – Emirates News Agency (WAM)) ABU DHABI, 11th August, 2021 (WAM) — Abu Dhabi National Energy Company (TAQA) reported a net income of AED2.9 billion for the period ended 30th June, 2021, an …
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Telecom Review finds that 700 MHz 5G network construction drives investment and brings benefits to telecom vendors in China
Telecom Review finds that Chinese telecom carriers are making significant progress in constructing low-band 5G networks, and much of the attention is drawn to the 700MHz frequency which is part of the …
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UAE: New cryptocurrency course to help pupils understand its role in future economies
A new course in cryptocurrencies has been launched in the UAE, which aims to help pupils to understand the power of the market.Carfax Education, a global education group based in the UAE, has …
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Covid-19: UAE’s daily cases dip below 1,300 despite delta variant threat
The UAE is reporting much lesser number of daily new Covid-19 infections, which are a significant pointer and more than two weeks after the Eid Al Adha celebrations, despite the contagious Delta …
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BITS Pilani Dubai Campus appoints new director
Dubai: BITS Pilani Dubai Campus on Wednesday announced the appointment of its new director, . He succeeds Professor R.N. Saha, who was heading the institute for the last seven years. Prof Saha has now …
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Expo 2020 launches Thrive Together business programme
“Thrive Together will enable you to unlock new opportunities, as together we reach a critical juncture in reimagining the global economy,” says Expo 2020 Dubai chief of staff Nadia Verjee …
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