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Posted on 16/05/2024

UAE: Agthia Group reports 32 pc net profit growth in Q1-24

Agthia Group PJSC (“Agthia” or “the Group”), today said that its net profit grew 32 per cent year-on-year to AED127.6 million. The Group net profit margin expanded by 63bps to stand at 8.8 per cent, …

Posted on 16/05/2024

Egypt, UAE, Morocco said weighing US plan to create post-war Gaza peacekeeping force

But report says the 3 countries first want US to recognize a Palestinian state; other Arab nations have rejected proposal, amid lack of clarity over ‘what day after will be like’ The post Egypt, UAE, …

Posted on 16/05/2024

‘Blue Residency’ further cements UAE’s role as a global leader in sustainability: Sultan Al Jaber

Dr Sultan bin Ahmed Al Jaber Minister of Industry and Advanced Technology UAE Special Envoy for Climate Change and COP28 President said that the UAE visio …

Posted on 16/05/2024

Emirates to relocate to Dubai World Central in ten years – a quarter century after it opened

Dubai’s World Central Airport, aka Al Maktoum after the ruling family there, has lain in the desert to the south of Dubai for 14 years since it opened, apparently unloved by all but a handful of minor …

Posted on 16/05/2024

Dubai’s AI blueprint can be ‘roadmap for wider region’

PD gets PM’s nod for power tariff hike Dubai’s AI blueprint can be ‘roadmap for wider region’ March LSMI output up 2.04pc YoY Petrol price slashed by Rs15.39, HSD’s by R …

Posted on 16/05/2024

China-Arab Entrepreneurs Summit 2024 kicks off in Abu Dhabi

The 2024 China-Arab Entrepreneurs Summit kicked off today in Abu Dhabi today, bringing together over 200 delegates from the business sectors of China and Arab countries. The summit is jointly …

Posted on 16/05/2024

Abu Dhabi: TB Screening To Be Automated, Ease Visa Application Process

A new AI-powered X-ray technology will automate the reporting of tuberculosis (TB) screenings, reduce the workload on radiologists by up to 80 per cent, and increase operational efficiencies during …

Posted on 16/05/2024

ACT Abu Dhabi Is Now Open for Business

May 15, 2024–Arabian Chemical Terminals LLC in Abu Dhabi (ACTAD) is proud to announce the start of operations at its newly built …

Posted on 16/05/2024

Blockdaemon Announces Business Expansion into Abu Dhabi

Blockdaemon officially announces expansion into the United Arab Emirates (UAE), with a new office and corporate entity established in Abu Dhabi.

Posted on 16/05/2024

UK government was ‘scared’, says man behind failed UAE-backed Telegraph bid

RedBird IMI deal effectively killed by new legislation blocking foreign states from owning UK newspapers …

Posted on 16/05/2024

UAE-made MBZ-SAT approved for launched in October

We are on the brink of a transformative era in space exploration, and the upcoming launch of MBZ-SAT marks a pivotal moment that affirms the UAE’s growing influence as a sign …

Posted on 16/05/2024

UAE President named Global Humanitarian Personality

For the first time, this prestigious recognition is bestowed upon President His Highness Sheikh Mohamed bin Zayed Al Nahyan, for his decades-long exemplary contributions to humanitarian efforts around …

Posted on 16/05/2024

PM Madbouly Reveals Egypt has received $14B from Ras El Hekma agreement with UAE

Prime Minister Mostafa Madbouly announced that the UAE has transferred the second tranche of payments for the development rights of Ras El Hekma, disclosing that the $14 billion was officially …

Posted on 15/05/2024

UAE: Emiratis with 3 years of private sector experience to get priority in govt jobs

Emirati applicants with at least three years of experience in private sector companies will be given priority in federal government jobs, it was announced Wednesday.“Experience in the private sector …

Posted on 15/05/2024

UAE introduces ‘Blue Residency’ for sustainability experts, approves National Youth Agenda 2031

The Cabinet’s directives to the Minister of Youth focus on five key pillars: economic empowerment of our youth, developing their scientific skills.

Posted on 15/05/2024

UAE Cabinet approves National Youth Agenda 2031

The UAE Cabinet has approved a National Youth Agenda as it looks to empower young people in the country. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, …

Posted on 15/05/2024

Egypt accepts UDS14B from UAE for Ras El Hikma development project

In an official announcement on Wednesday, the Egyptian Cabinet disclosed that Egypt has received a substantial sum of USD14 billion from the United A …

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