The UAE’s biggest banks, which account for 77% of banking assets, notched up a combined net profit of $7.4 billion in H1 2023, up 68% from $4.4 billion for the same period of 2022.
‘Dubai Integrated Economic Zones’ reports 5% YoY increase in total revenue in H1-23
The Dubai Integrated Economic Zones Authority (DIEZ) today announced its operational and financial results for the first half of 2023. The results reveal a 5% year-on-year increase in total revenue …
Leaving the UAE: Cancelling visas, paying debts, closing bank accounts, tax, farewell
Even though it is now possible to retire in the UAE through the Golden Pension scheme, not everyone will choose to remain in the country for the rest of their lives. If you have decided to head home, …
Dubai Integrated Economic Zones Authority’s first-half revenue jumps 5%
The Dubai Integrated Economic Zones Authority, which includes the Dubai Airport Free Zone, Dubai Silicon Oasis and Dubai CommerCity, reported a 5 per cent annual increase in its total revenue in the …
Sharjah Chamber Conducts Workshop On Premier Event Management Techniques
(wam) — the sharjah training and development centre (stdc), operating under the umbrella of the sharjah chamber of c …
We will give you money only when you train our children Sultan tells Sharjah Clubs
The subsidy allocated for clubs will be measured by the activities provided by each club for the community, says Sheikh Sultan.
Club Subsidies Measured By Community Services Rendered: Sharjah Ruler
(wam) – h.h. sheikh dr. sultan bin muhammed al qasimi, supreme council member and ruler of sharjah, sent a message to …
UAE: ‘Dubai Integrated Economic Zones’ reports 5 pc YoY increase in total revenue
The Dubai Integrated Economic Zones Authority (DIEZ) today announced its operational and financial results for the first half of 2023. The results reveal a 5 per cent year-on-year increase in total …
UAE: Should you remit or hold on to your cash when currency hits record lows?
Industry executives suggest that as and when there is a big drop in the currencies, expats should take advantage of it and remit the funds …
AD Ports Group’s economic cities, free zones and digital cluster enhances customer experience
Another key service improvement, the Customs Registration Number integration … Dr. Ali Hussain Makki, Executive Director – Logistics and Trade Facilitation Sector at the Abu Dhabi Department of …
Here’s how this Abu Dhabi firm is reshaping global pharma supply chain
Abu Dhabi-headquartered Hayat Biotech, a joint venture between G42 and Sinopharm CNBG, is playing a pivotal role as a seamless bridge connecting the East and West, a top official said. The strategic …
UAE: How Dubai, Abu Dhabi tackle the problem of abandoned vehicles
Dubai Municipality has initiated a campaign against abandoned vehicles as residents return from summer holidays. The “Clean Vehicle, Sustainable City” campaign aims to raise awareness about the …
Abu Dhabi wealth fund puts $450 mln more into Australian private credit fund
Abu Dhabi’s sovereign wealth fund, one of the world’s largest, will double its investment in an Australian real estate private credit vehicle, the fund’s manager said on Tuesday, as traditional …
Sharjah Ruler approves admission of 338 students to Kalba University
His Highness also approved the transfer of 45 students who received scholarships at Khorfakkan University to Kalba University …
Dubai Chambers members’ exports and re-exports hit $37.5bn in H1, GCC top market
Dubai Chamber of Commerce businesses see growth in exports and re-exports Dubai Chambers members’ exports and re-exports hit $37.5bn in H1, GCC top market Dubai Chamber, dubai chamber of commerce, …
10 things every Dubai newbie needs to know – immediately
If you’ve just moved to Dubai, welcome. You’ve landed in the land of tax-free salaries, year-round sunshine and endless activities. For some new to Dubai, the UAE can seem shrouded in mystery. So that …
Seatrium delivers novated jack-up to Adnoc Drilling
The UAE contractor last year said it had agreed to purchase this … $352 million for the three rigs — this amount is on top of the down payments that Keppel Offshore & Marine (acquired by Seatrium …