DUBAI – The Emirates Group today announced its best-ever half-year financial performance, posting a profit before tax of AED10.4 billion (US$ 2.8 billion) for the first six months of 2024-25, …
Dubai: Emirates announces record-breaking half-year profit of Dh10.4 billion
“The Emirates Group has surpassed its record performance of last year to deliver a fantastic result for the first half of 2024-25,” he said in an X post. The group hit a revenue o …
Dubai: Emirates announces record-breaking half-year profit of Dh10.4 billion
“The Emirates Group has surpassed its record performance of last year to deliver a fantastic result for the first half of 2024-25,” he said in an X post. The group hit a revenue o …
Potential locations of growth in Dubai and how investors are getting more value
Initiatives like the new master plans and the expansion of the Dubai Metro and infrastructure further underscore the city’s commitment to becoming a leading global city while preserving its rich cultu …
Dubai real estate: Maria Morris Global sets new record for a super-prime villa sale in Al Barari
Maria Morris Global, Dubai-based leading luxury real estate brokerage, announced the sale of La Maison Amal, a super-prime villa located in Al Barari, for a record sales price. The financial details …
Saudi Venture Capital invests $20mln in Dubai-based BECO Capital’s fund
The investment in Booster Fund IV, which is managed by Dubai-based venture firm BECO Capital with $495 million in assets under management (AUM), is in line with the strategy to support start-ups in …
Jawaher Al Qasimi Highlights Sharjah’s Disability Care
Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs, recently reaffirmed the Emirate’s dedication to creating …
ADNOC lets contract to expand large 3D seismic survey across Abu Dhabi
ADNOC let a contract to a subsidiary of CNPC, worth up to $490 million to expand the scope of a combined 3D onshore and offshore seismic survey currently under way in the …
Sharjah Ruler opens 43rd annual Sharjah International Book Fair
H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated on Wednesday, the 43rd edition of the Sharjah International Book Fair, organised by the Sharjah …
Sotheby’s Gets a $1B Lifeline While Art Basel Eyes Abu Dhabi
“Anyone who tells you that the narrative inside the industry isn’t one that points a critical eye at the frequency, scale, and complications of the current art fair circuit is either not up to speed …
UAE: FTA offers grace period for taxpayers falling behind on updating their tax registration
The initiative allows violators to make the necessary adjustments and avoid incurring the administrative penalties associated with failure to inform the FTA of any cases that require modifying their t …
Deyaar posts Dh348.8 million profit before tax for first nine months
Deyaar Development PJSC, one of the leading real estate developers and service providers in Dubai, has reported an increase in its profit for the nine-month period ending September 30, 2024, amounting …
Look: Sharjah Ruler opens Sharjah International Book Fair at Expo Centre
Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the 43nd edition of the organised by the Sharjah Book Authority (SBA) with the theme ‘It Starts with a …
Sheikh Sultan opens 43rd annual Sharjah International Book Fair
His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated on Wednesday, the 43rd edition of the Sharjah International Book Fair, organised by the …
Where the Rich Can Buy Secrecy, Evade Laws, and Claim a Slice of Space
The echoes of Switzerland stretch far and wide, among cities and countries trying to grab their own slices of the offshore pie. Liberia does not market itself with the patina of luxury or high finance …
Sharjah leads by example in caring for differently-abled
The Wife of His Highness the Ruler of Sharjah, Her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, Chairperson of the Supreme Council for Family Affairs, emphasised that providing supportive …
Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this yr
Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion—a …