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Category: BUSINESS

Posted on 11/08/2022

Abu Dhabi National Insurance Company reports net profit of Dhs186.9m for H1 2022

Abu Dhabi National Insurance Company reported that gross written premiums increased by 20.9 per cent to Dhs3.23bn in H1 2022.

Posted on 11/08/2022

Dubai: Tickets start at Dh90 for Middle East’s first water circus

One of the many highlights of the Fontana experience is a spectacular Dancing Musical Fountain which showcases the talents of a host of international circus performers, including dancers, aerialists, …

Posted on 11/08/2022

Airline restarts flights to Russia from Abu Dhabi in ‘risky move’ – ‘Could be a disaster!’

HUNGARIAN BUDGET airline Wizz Air has restarted flights to Moscow from Abu Dhabi using its Emirati subsidiary Wizz Air Abu Dhabi.

Posted on 10/08/2022

UAE food import prices have dropped from April peaks, but still long way to go: Agthia CEO

Yes, grain prices are definitely off their April highs,” said Alan Smith, CEO of Abu Dhabi’s Agthia Group, and one of the biggest names in the Middle East’s retail F&B category. “ The food price index …

Posted on 10/08/2022

Dubai fintech Ziina tests ‘payments keyboard’ for businesses to get paid over messaging apps

Dubai: A ‘payments keyboard’ to ease the flow of funds in the digital space – that’s what Dubai-based fintech Ziina is filing a patent for. The keyboard, currently in beta-mode, can be used by …

Posted on 10/08/2022

Forbes Middle East RevealsThe Middle East’s Top 25 Fintech Companies 2022

Forbes Middle East has unveiled the “Middle East’s Top 25 Fintech Companies for 2022, highlighting the innovators in financial services that are helping businesses go digital and enabling consumers to …

Posted on 10/08/2022

Abu Dhabi conglomerate IHC seeks takeovers in ‘buyers’ market’

Abu Dhabi conglomerate International Holding Co (IHC) expects to increase its takeover activity, including in India and Turkey, as global market turbulence has created “a buyers’ market,” its chief …

Posted on 10/08/2022

Abu Dhabi conglomerate IHC seeks takeovers in ‘buyers’ market’

Abu Dhabi conglomerate International Holding Co (IHC) expects to increase its takeover activity, including in India and Turkey, as global market turbulence has created “a buyers’ market,” its chief …

Posted on 10/08/2022

Conglomerate IHC boosts Abu Dhabi index to record high

Most stock markets in the Gulf ended higher on Wednesday, with the Abu Dhabi index reaching a record high buoyed by strong corporate earnings.

Posted on 10/08/2022

Commuters relieved as extra road lane eases Dubai-Sharjah traffic

Provided by The National View of the new lane added to Al Taawin bridge towards Sharjah. Photo: Pawan Singh / The National . A new road lane to improve traffic flow between Sha …

Posted on 10/08/2022

Abu Dhabi National Energy Company reports net income of Dh4.3bn in H1 2022

The group revenues were Dhs25.4bn, 15 per cent higher than the prior-year period, primarily due to higher commodity prices within the oil & gas segment …

Posted on 10/08/2022

ADNOC Abu Dhabi Marathon 2022 reveals new race series edition in build-up to main December event

The aim is to hone fitness of elite and amateur racers, say organizers Abu Dhabi: Abu Dhabi Sports Council and Abu Dhabi National Oil Company (ADNOC) have announced an all-new Race Series Edition to …

Posted on 10/08/2022

Red Bull boss Christian Horner admits Lewis Hamilton can feel ‘aggrieved’ for F1 title loss at Abu Dhabi GP

RED BULL team boss Christian Horner has admitted Lewis Hamilton and his fans can feel aggrieved over his title loss at Abu Dhabi last year. The seven-time World Champion missed out on an eighth F1 …

Posted on 10/08/2022

Sharjah’s 4-day workweek has had a majorly positive impact on the emirate

However, the emirate of Sharjah opted to forego the traditional five-day workweek, instead opting for a four-day workweek and recent findings have shown it’s had an incredibly positive impact on the …

Posted on 10/08/2022

UAE businesses can’t weather high inflation with hiking prices alone: Grant Thornton study

Dubai: A majority of mid-sized businesses, including those in the UAE, have failed to take steps to protect their operations from inflationary influences, according to a Grant Thornton study. While …

Posted on 10/08/2022

UAE Ministry issues resolution on bank guarantee and employee protection insurance

The aim of this new resolution is to preserve worker’s rights, support the business community, enhance the stability of the UAE’s work environment and strengthen its reputation as a preferred …

Posted on 10/08/2022

UAE Ministry issues resolution on bank guarantee and employee protection insurance

The aim of this new resolution is to preserve worker’s rights, support the business community, enhance the stability of the UAE’s work environment and strengthen its reputation as a preferred …

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