Authority has announced a 42 per cent increase in its operating profit in 2022. The authority said its total revenue increased by 29 per cent, compared to 2021. The robust performance, which resulted …
Sheikh Hamdan launches Dubai Future Fellowship
The Dubai Future Fellowship will work together to anticipate the future of key sectors, identify and harness opportunities, and study potential challenges …
Quartet set to battle for Adnoc expansion project on Abu Dhabi’s largest offshore oilfield
Four contracting giants are set to compete for a sizeable contract from Abu Dhabi National Oil Company (Adnoc) for the expansion of its giant Upper Zakum offshore oilfield. Adnoc is greatly expanding …
Global Digital Payments Leader, VISA Joins Dubai Fintech Summit As Co-Host – ZEX PR WIRE
Dubai, UAE, 9th April 2023, zexprwire , The Dubai FinTech Summit welcomes Visa as a co-host sponsor for the two-day event taking place on 8 and 9 May this year. Visa is a global leader in digital …
Sharjah Chamber Receives High-Level Diplomatic Delegations From Bahrain And Cuba
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) has separately received two high-level diplomatic delegations from Bahrain a …
Dubai free zones hub DIEZ reports 42% rise in 2022 operating profit
The Dubai Integrated Economic Zones Authority, which includes the Dubai Airport Free Zone, Dubai Silicon Oasis and Dubai CommerCity, reported a 42 per cent annual increase in its operating profit and …
EFG Hermes Concludes Advisory On $210.5M IPO For Al Ansari On Dubai Financial Market – Dailynewsegypt
EFG Hermes announced on Saturday that it completed advisory on the $210.5m (AED 773m) initial public offering (IPO) of Al Ansari Financial Services …
India: Dubai-based businessman kidnapped in Kerala over financial deal
A Dubai-based businessman has been abducted in Kerala, India on Friday, Indian media outlets have reported. The man, Shafi Kurunthottikandi, and his wife were abducted by an unidentified gang of four …
Dubai top destination for foreigners, says report
It serves more than 85 million people annually, connecting more than 240 destinations across six continents, with more than 100 airlines …
UAE a ‘beacon of hope’ in sustainability for needy
Throughout the years, as part of DIHAD’s sustainable projects with the support of its local partners to help communities in need, a number of projects have been completed and many are currently under …
India’s Russian oil imports now double of Iraq
Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries, for a sixth straight month by supplying more than one-third of all oil India …
Dubai the top foreigners’ destination, W Capital survey says
Due to its central location between east and west, as it is a few hours away by flight from most of the world’s major destinations, Dubai Airport is one of the busiest airports in the world. It serves …
Eni, PetroCi celebrate FPSO to develop Ivory Coast largest offshore field
Italian oil firm Eni, with its partner PetroCi, has celebrated the sail away of the FPSO Firenze to the giant Baleine oil and gas field offshore Ivory Coast. The FPSO Firenze, which sailed away from …
Dubai an intellectual hub for diversified culture, says Sheikha Latifa after inaugurating ‘Big Bad Wolf Books’
Being held till April 16 at the Dubai Studio City, the Big Bad Wolf exhibition is displaying over a million books. There is a discount of over 75%.
Engineers India win ₹31.50 crore order from Abu Dhabi National Oil Company
According to an exchange filing, Abu Dhabi’s national oil producer ADNOC, has awared a contract worth Rs 31.50 crore to Engineers India Limited. L&T wins mega contracts for its hydrocarbon arm The …
UAE announces Golden Visa price hike under new rules
UAE has set a new fee of AED1,250 for the six-month entry permit, which includes a variety of charges UAE announces Golden Visa price hike under new rules 10-year visa in UAE, Citizenship, Customs and …
Overcast skies across the UAE, rain in Abu Dhabi’s Al Dhafra
Rain was reported in Abu Dhabi’s Al Dhafra area. Cloud activity increased in the afternoon and such conditions are expected to continue throughout the week, especially over eastern areas such as …