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Category: BUSINESS

Posted on 01/08/2025

Fourth Abu Dhabi Finance Week to take place in December

Under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the 4th Abu Dhabi Finance Week (ADFW), hosted by …

Posted on 01/08/2025

Meet Dubai’s first AI-powered ‘Emirati Family’: What is it meant to do?

The project’s first character, simply introduced as “The Girl,” debuted in a short video circulated on social media …

Posted on 01/08/2025

Dubai real estate: BEYOND Developments launches PASSO on Palm Jumeirah with 4,000-drone show

BEYOND Developments has unveiled PASSO, a waterfront development on the West Crescent of Palm Jumeirah, marking the company’s first project outside Dubai Maritime City (DMC). The launch took place …

Posted on 01/08/2025

Abu Dhabi’s General Administration of Customs Goes Live with Accela …

SAN RAMON, Calif., Feb. 10, 2021 /PRNewswire/ — The Abu Dhabi General Administration of Customs (ADCA) announced today that it has gone live with a new Inspection Management System powered by …

Posted on 31/07/2025

CBI reports pre-tax net profit of Dh93m in the first half of 2025

Commercial Bank International, a leading UAE bank, on Thursday announced that pre-tax net profit increased by 4 per cent YoY from Dh90 million in H1-24 to Dh93 million in H1-25. The Bank reported …

Posted on 31/07/2025

New kit on trial at world’s second largest offshore oilfield

A UK engineering specialist has launched commercial trials with Abu Dhabi National Oil Company (Adnoc) at the world’s second largest offshore oilfield for a new piece of equipment aimed at eliminating …

Posted on 31/07/2025

UAE’s ADNOC announces 1st gas find in Abu Dhabi offshore blocks

DUBAI, Feb 3 (Reuters) – UAE oil firm ADNOC ADNOC.UL announced on Thursday a gas discovery off Abu Dhabi, the first from the emirate’s offshore exploration concessions.

Posted on 31/07/2025

ADNOC L&S Selects REGENT Seagliders for Offshore Energy … – Morningstar

If seagliders were to replace all helicopters used for global offshore energy logistics, it would result in up to 550MM kg of CO2e offsets per year. Seaglider momentum in the UAE …

Posted on 31/07/2025

Paris Baguette announces trendy ‘Dubai chocolate menu’ for limited time

It is also a delicacy, as prices for Dubai chocolate have started at $15, according to Lindt’s website. Given Dubai chocolate’s popularity, Paris Baguette has decided to dedicate an entire menu of …

Posted on 31/07/2025

UAE supplies 52.1% of Japan’s crude oil needs in June

Japan’s imports of the UAE crude oil exceeded 31 million barrels, accounting for 52.1% of total imports in June 2025, according to official Japanese data.This is based on figures from the Agency for …

Posted on 31/07/2025

Abu Dhabi’s hotel sector hit AED682 million in revenues during May

Hotel establishments in Abu Dhabi continued their positive performance in May 2025, driven by higher occupancy rates and an increasing number of international guests. The sector recorded total …

Posted on 31/07/2025

Dubai: Deyaar net profit before tax jumps 31.6% in first half of 2025

Deyaar Development , an integrated real estate leader in Dubai, on Thursday announced that first half net profit before tax rose 31.6 per cent to Dh266.6 million. Total revenue climbing 39.2 per cent …

Posted on 31/07/2025

UAE’s Masdar Posts Profit while Tripling Assets in 2024

Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on Thursday, …

Posted on 31/07/2025

Why companies are joining the Abu Dhabi chamber in record-high numbers: Membership now 158,000+ in H1 2025

The Abu Dhabi Chamber of Commerce and Industry reports a 4.9% increase in membership, reaching 158,000+ companies in H1 2025, highlighting the emirate’s resilience in a challenging global economy and …

Posted on 31/07/2025

Abu Dhabi’s Zayed National Museum is set to open this December

The Zayed National Museum in Abu Dhabi, a tribute to the UAE’s founder Sheikh Zayed, is set to open in December. This landmark institution within the Saadiyat Cultural District will showcase the UAE’s …

Posted on 31/07/2025

Crescent Enterprises renews ties with Sharjah International Film Festival for Children & Youth

Crescent Enterprises, a leading diversified multinational business headquartered in Sharjah, on Thursday announced the renewal of its Platinum Partnership with the Sharjah International Film Festival …

Posted on 31/07/2025

Dubai leads in attracting new FDI projects in the UAE

Dubai continued to lead as the primary destination for greenfield FDI projects in the UAE for the first half of 2025, attracting 526 projects (86 per cent of total) with capital inflows of $3.03 …

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