Tag: business

Our solid results in the first half of 2021, with Group net profit increasing 11 per cent year-on-year to Dh5.4 billion, are a testament to the successful execution of our stra …
( read original story …)

First Abu Dhabi Bank, the United Arab Emirates’ biggest lender, posted on Wednesday a 19 percent rise in quarterly net profit, underpinned by sharp gains …
( read original story …)

Dubai’s diversified and digitalised economy was able to absorb the impact of the Covid-19 pandemic relatively well and is primed for a swift rebound, says a new Covid-19 Recovery Roadmap produced by …
( read original story …)

The Dubai Free Zones Council (DFZ Council) held its 18th meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, to discuss strategic initiatives that …
( read original story …)

Decline in costs and impairments continue to support bank’s profitability Dubai: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE reported a net profit of Dh1.86 billion for the first …
( read original story …)

Over time, Standard Carpets developed into a vertically integrated factory with its own facilities for yarn extrusion, tufting, backing and tiling where we produce three main product lines: …
( read original story …)

Dubai residential property prices rose in April-June for a second straight quarter as demand picked up after the pandemic, consultancy Knight Frank said on Tuesday, …
( read original story …)

High-tech EDE Scanner assures rapid and accurate detection of COVID-19 virus in both asymptomatic and sick people in just seconds, with almost 100% accuracy. Abu Dhabi …
( read original story …)

The Abu Dhabi Court of Cassation upheld a ruling rejecting a lawsuit filed by the brother of a woman after her death, in which he demanded that her husband and his brother be obligated to pay him …
( read original story …)

The Dubai Free Zones Council (DFZ Council) held its 18th meeting, headed by Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, to discuss strategic initiatives that support …
( read original story …)

The ban includes all written, audio-visual and social media by natural or legal persons, whether they are parties to the case or neutral persons.
( read original story …)

Dubai carrier flydubai will start its three-times weekly service to Hargeisa Egal International Airport (HGA) from August 10, it announced on July 27. Flights from Terminal 2, Dubai International (DXB …
( read original story …)

Standard Carpets, the region’s largest producer and exporter of broadloom carpets, carpet tiles and artificial grass, has broken ground on a new manufacturing plant in Dubai Industrial City that will …
( read original story …)

Abu Dhabi will slash the cost of establishing new businesses by “more than 90 percent” from Tuesday to increase the emirate’s regional and international competitiveness. Authorities have been ramping …
( read original story …)

Major stock markets in the Gulf rose in early trade on Tuesday as focus shifts to earnings with the reporting season picking up pace, while the Abu Dhabi index hit a new record high. Saudi Arabia’s …
( read original story …)