Emirates Global Aluminium, the UAE’s largest industrial company outside the oil and gas sector, has completed the acquisition of Germany’s Leichtmetall Aluminium as it looks to expand its presence in …
UAE construction sector remains strong in face of challenges from weather, skills shortages, material costs and Saudi competition
The UAE construction sector remains strong … Profit margins continue to rise according to net sentiment, recording a +13 per cent this quarter. Meanwhile, New Business Enquiries posted another …
5 things to know for May 3: Campus protests, Trump trial, Beef recall, Dubai rain, Space race
Another round of heavy rain returned to the United Arab Emirates on Thursday, forcing widespread business closures and flight cancellations … The rainfall was not as heavy as the event two weeks ago …
UAE contributed 44.1% to Japan’s total oil imports in March 2024
TOKYO, 30th April, 2024 (WAM) — In March, Japan’s oil imports from the UAE totaled 32.77 million barrels, constituting 44.1 percent of the overall imports, as per data from the Natural Resources and …
ZEX PR WIRE Joins Dubai FinTech Summit as Official Content Distribution Partner
Figure 1: ZEX PR WIRE Joins Dubai FinTech Summit as Official Content Distribution Partner The Dubai FinTech Summit is poised to be a premier gathering of decision-makers, thought leaders, and …
Bank of Sharjah reports net profit of $22mln in Q1 2024
Bank of Sharjah has reported a net profit of 80 million UAE dirhams ($21.78 million) for the first quarter of 2024. No comparative figures from Q1 2023 were given, as the bank delinked numbers from …
UAE President Sheikh Mohamed receives condolences from Rulers of Sharjah, Umm Al Quwain, Representative of Sultan of Oman
Supreme Council Member and Ruler of Sharjah; His Highness Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain; and Sayyid Asaad bin Tarik Al Said, Deputy Prime …
Dubai’s business park operator posts 15% rise in Q1 2024 profit
Dubai business park operator TECOM Group posted a 15% year-on year (YoY) rise in Q1 2024 net profit to 293 million dirhams ($79.8 million) due to demand from new and existing customers. Revenue …
UAE’s April non-oil business activity slows sharply on flood impact, PMI shows
DUBAI, May 3 (Reuters) – Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in April, a survey showed, as companies felt the impact of the country’s …
Dubai’s culinary scene heats up with new restaurant openings and delicious deals
Dubai and Abu Dhabi are serving up a smorgasbord of exciting … is set to take your lunch break to a whole new level with the launch of its sensational Business Lunch experience. Available daily from …
Properties in Dubai South gain interest from buyers amid plans for massive new airport
While new areas are now gaining interest, the traditional favourites like Dubai Marina, Downtown Dubai, Jumeirah Village Circle, Business Bay and Palm Jumeirah “remained of interest” for potential …
Fly Business Class to Dubai from £1,126 with Lufthansa and SWISS
Lufthansa and SWISS have brought back their flight deals to Dubai. From UK airports, you should be able to find a return fare in Business Class for around £1,126.
‘I am moving – that is it’: tycoon speaks out about the end of non-dom tax status
Entrepreneur Bassim Haidar says ending the break is self-defeating as total UK tax take will fall amid an exodus of the super-rich …
UAE and Iran agree to bolster economic ties and trade co-operation
The UAE and Iran have agreed to bolster economic ties and promote co-operation in sectors including tourism, transport, entrepreneurship and renewable energy. The two countries held the first session …
Dubai Customs Clinches Two Prestigious Global Awards for Governance Excellence
Dubai Customs has been honored with two prestigious awards from the Global Good Governance (3G) Awards, recognizing its outstanding …
ISNR Abu Dhabi 2024 Supreme Organising Committee discusses preparations for 8th International Exhibition Session
The Supreme Organising Committee of the International Exhibition for National Security and Resilience “ISNR Abu Dhabi 2024”, organised by the ADNEC Group in collaboration with the Ministry of Interior …
UAE President receives condolences from Rulers of Sharjah, Umm Al Quwain, Representative of Sultan of Oman
Condolences were also offered to Sheikh Mohamed bin Zayed Al Nahyan at Qasr Al Mushrif in Abu Dhabi by Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah; Sheikh Sultan bin Ahmed …