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Month: November 2022

Posted on 11/11/2022

Dubai Investments reports a 227% surge in net profit for nine months

DIC], the leading diversified investment company listed on the Dubai Financial Market, has reported net profit of Dh1.489 bill..

Posted on 11/11/2022

Dubai Customs celebrates World Quality Day 2022

Dubai Customs celebrated the World Quality Day under the slogan “Pioneers of Customs Excellence and Quality” reflecting the Government Department’s ince …

Posted on 11/11/2022

UAE’s DEWA registers 10% jump in Q3 net profits amidst high demand for water and power

Revenue for DEWA’s July-September period rose by 15% to Dh8.56bn while net profit attributable to the owners of the company for the three-month climbed to Dh3.17bn ($864.3mn) . UAE’s DEWA registers 10 …

Posted on 11/11/2022

How to survive the bear market: UAE businesses need to innovate

The global economy faces strong headlines, but smart businesses can still find opportunities How to survive the bear market: UAE businesses need to innovate Funding, gcc economy, global economy, uae …

Posted on 11/11/2022

At Dh11,000 per TV screen to show the World Cup, Dubai restaurants hope for bumper crowds

Thousands of Dubai food outlets are gearing up to cater to hordes of football aficionados that live in the city and the thousands that are expected to use the emirate as a base for the World Cup.

Posted on 11/11/2022

Abu Dhabi’s ADX derivatives market announces $272mln in trades

The derivatives market of the Abu Dhabi Securities Exchange (ADX) has recorded AED 1 billion in traded value during the first year of its launch. More than 1 million contracts were traded with over …

Posted on 11/11/2022

UAE CEOs more optimistic, outpace global counterparts in diversification and digital strategy, KPMG study reveals

As many as 60% of UAE CEOs expect earnings to increase 2.5 to 4.5% annually over the next three years, which is more than twice the number of CEOs worldwide. The UAE posted its strongest growth in …

Posted on 11/11/2022

Look: New tool reveals ‘actually verified’ Twitter users in UAE — and others who paid for blue tick

Chrome users can now download a new extension to see which Twitter users have paid for verification and which are ‘actually …

Posted on 11/11/2022

UAE President Issues New Law on Development of Industry

President His Highness Sheikh Mohamed bin Zayed Al Nahyan, issued Federal Decree-Law No. 25 of 2022 regarding the regulation and development of the industry.The new law was introduced to support the o …

Posted on 11/11/2022

Mideast Bucks IPO Slump as Investors Flock to Saudi, UAE Deals

Almost half of the listing proceeds in Europe, the Middle East and Africa this year come from the Persian Gulf, as the region bucks a global downturn in initial public offering activity on the back of …

Posted on 11/11/2022

Dubai Customs Makes 590 Seizures, Handles 15.840M B Ags At Terminal 3 In 10 Months In 2022

Dubai Customs makes 590 Seizures, Handles 15.840m B ags at Terminal 3 in 10 months in 2022 . Dubai – 10, November 2022: His Excellency Ahmed Mahboob M …

Posted on 11/11/2022

Dubai Emirates Boeing 777 diverted over terror threat: Reports

The Emirates flight was diverted due to a suspicious passenger, reports said Dubai Emirates Boeing 777 diverted over terror threat: Reports airline industry, Airline passengers, Airlines, Airports and …

Posted on 11/11/2022

Dubai Fitness Challenge 2022: five free classes to try this week

Dubai Fitness Challenge is almost halfway through, though there are still plenty of events to get involved in. During the annual event, which tasks Dubai residents to commit to 30 minutes of exercise …

Posted on 11/11/2022

Who Are The Actual Millionaires in Dubai Bling? and Who’s The Richest?

According to research by Arabian Business, Dubai Bling Netflix series, launched on October 27, doesn’t have an all millionare cast.The research claims that only four members of the casts including …

Posted on 11/11/2022

Burj Binghatti: The world’s tallest residential tower in Dubai

Power brands Binghatti and Jacob & Co unveil their ultra-luxury Dubai skyscraper. Burj Binghatti: The world’s tallest residential tower in Dubai. Binghatti Developers, Burj Binghatti, burj khalifa, …

Posted on 11/11/2022

3 MICHELIN Star Restaurants Shine in Inaugural MICHELIN Guide Abu Dhabi

Abu Dhabi’s restaurants make their debut in the MICHELIN Guide with 42 listings covering 16 cuisine types.3 restaurants receive one MICHELIN Star …

Posted on 11/11/2022

Abu Dhabi ADNOC Distribution’s Q3 net profit climbs 45% to $209mln

Abu Dhabi’s ADNOC Distribution reported a 45% jump in Q3 2022 net profit to 767 million dirhams ($209 million) and said the growth momentum is expected to continue through the year and into 2023. In a …

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