Dubai is looking to knit a state-of-the-art metaverse ecosystem to help companies that are offering services related to the technology.
Ajman Bank sets new record jumping to 117.1mln up by 139% profit before tax
His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of Ajman Bank, “Our strong financial performance in the first quarter of 2024 is a testament to the success of our …
UAE: Etihad Airways reports Dh526 million profit in first quarter
UAE’s Etihad Airways on Thursday said it recorded a profit after tax of Dh526 million in the first quarter of 2024 as compared to Dh59 million in same quarter last year, a significant improvement of …
Dubai: Parkin to build multi-level parking spaces for motorists during unstable weather
The provider may also expand its services to privately owned developments and centres, including shopping malls and commercial hubs …
Euroseas strikes first deal with UAE-based lender to fund newbuildings
Euroseas, a US-listed owner of 26 container ships, has struck its first financing deals with the National Bank of Fujairah (NBF) for two of its newbuildings. The UAE-based lender has extended a $22.5m …
CESTAT Chennai Invalidates UAE Car Valuation Based on Australian Prices
Further, the assessable value was re-determined by the adjudicating authority under Customs Valuation Rules, 2007, due to doubts about the declared value. The adjudicating authority used the value of …
In Graphics l Which countries are importing Indian mangoes the most?
The mango is one of the most sought-after fruits in the world. With more than 20 metric tonnes exported in 2022-23, India is growing its mango footprint. The UAE, the UK, Qatar, Oman and Nepal have em …
Abu Dhabi is adopting a Dark Sky policy – here’s how it will impact you
Abu Dhabi is adopting a Dark Sky policy to decrease light pollution – but how will it impact you and your home?
Antonia will soon be opening a third location in Abu Dhabi
The capital’s favourite trattoria is back again… Exciting times are on the way for Antonia and its perenially-hungry fan base in Abu Dhabi, as its third exciting opening is nearly here, at The …
Sharjah celebrates 4 Mauritanian writers in Nouakchott
The Minister of Culture, Youth, Sports and Relations with Parliament of the Islamic Republic of Mauritania, His Excellency Ahmed Sayed Ahmed Agg, appreciated Sharjah’s efforts in supporting Arab …
Sharjah Ruler issues administrative decision forming BoT of SPAA
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued administrative decision No. (4) of 2024 on the formation of the Board of Trustees (BoT) of the …
UAE: Adnoc Distribution net profit surges to $150 million
Adnoc Distribution, the UAE’s largest fuel and convenience retailer, said on Thursday that its first quarter net profit saw a robust 13 per cent year-on-ye..
Dubai ‘incredibly good’ at welcoming guests with new experiences, says top Hyatt executive
I also think that Dubai is incredibly good at welcoming guests back each and every time with a new experience – it is exciting,” the Hyatt executive told Arabian Business at the 2024 edition of the …
Mena IPO activity robust in Q1; 10 offerings net $1.2bn
Brad Watson, EY Mena Strategy and Transactions Leader, said: “The first quarter 2024 started off on a positive note with 10 IPOs concentrated in the GCC region, raising a total of …
Abu Dhabi’s Etihad Airways reports surge in Q1 profit
Etihad Airways reported a sharp increase in first-quarter profit on Thursday, helped by an increase in passenger revenue, ahead of possible listing of the Abu Dhabi carrier.
Abu Dhabi’s Big Ticket prize draw resumes operations
Abu Dhabi’s Big Ticket prize draw has confirmed it is resuming operations after pausing last month to comply with the UAE’s gaming regulations. The company confirmed it was operating as normal, with …
UAE real estate: Golden Visa property deals, 25,000 new units coming to Dubai and soaring rents drive investments
UAE real estate investors were active in the opening three months of the year as residential sector was buoyed by Golden Visa rule changes and steady supply, according to property experts JLL. The …