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 …
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Dubai’s diverse digital economy primed for swift rebound
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 …
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Dubai Free Zones Council Explores Business Accelerator Initiatives And Startups Support
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 …
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Dubai Islamic Bank posts H1 net profit of Dh1.86 billion
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 …
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Bitcoin eyes longest winning streak in 2021 amid crypto rebound
A continuing recovery in Bitcoin has put the largest cryptocurrency on course for its longest winning streak this year. The virtual coin rose as much as 5.8% to top $40,000 and was trading at $39,900 …
Meet the ten people who won Abu Dhabi Big Ticket’s Dh20 million jackpot — a win that changed their lives
Dubai: It is not every day that you win a jackpot. That too Dh20 million! So when these men won the mega Big Ticket jackpot on July 3, happiness knew no bounds for them. They were all yet to come to …
First Abu Dhabi Bank’s H1 profit up 11 per cent to Dh5.4 billion
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 …
UAE reports drop in COVID-19 cases, praises residents for following Eid safety rules
Health authorities in the United Arab Emirates have praised residents for abiding by COVID-19 safety protocols during the Eid al-Adha break, saying the …
FAB Reports Group Net Profit Of Dh5.4 Billion For The First Half Of 2021
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, reported its financial results for …
Dubai Diaries: To drive or not to drive
To drive or not to drive? I have been thinking about it over the past few days, as I was confronted with yet another credit card bill dotted with cab fares, Dh48 each. My husband keeps telling me, …
Video: Sheikh Hamdan goes on a gruelling bike ride with his mates in scorching Dubai heat
In a series of videos and photos Sheikh Hamdan wrote on Instagram, “No excuse” on the video and carried on with his pals on the trip.
St Francis Catholic Church-Jebel Ali, Dubai, reopens after 16 months
Dubai: The doors of St Francis of Assisi Catholic Church in Jebel Ali reopened to worshippers on Monday, after being closed for 16 months since March last year due to the COVID-19 pandemic. Fr Jozef …
Dubai: Gold prices rise; stay above $1,800
Spot gold was up 0.26 per cent at $1,804.48 per ounce at 9.15am UAE time. The precious metal prices rose in the UAE in line with the global rates. The Dubai Gold and Jewellery Group data showed 24K …
High-speed aerial ropeway transport system is coming to Dubai
The future of transport is coming to Dubai, and it is high-speed, ultra-green, and tech-savvy. The Dubai Roads and Transport Authority is planning to create a high-speed aerial ropeway transport …
Standard Carpets Industries endorses UAE vision for industrial growth
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: …
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Dubai house prices rise for second straight quarter
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, …
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UAE weather: Hazy and partly cloudy in Abu Dhabi Dubai and Sharjah, temperatures to hit 50 °C
Today’s weather condition, according to the National Centre of Meteorology (NCM), will be hazy during daytime and partly cloudy at times. Temperatures tend to increase. The maximum temperature in the …