Articles
Fitch downgrades 25 Turkish banks because of external risks and market uncertainties
Inflation, policy uncertainty and external risks to keep outlook negative
Adnoc Drilling secures contracts worth $2bn for Hail and Ghasha gas project
More than 80% of the award value will flow back into the UAE’s economy
DIB second-quarter net income climbs 33%
Provisions for loan losses declined almost 29% during the April-June period
Dubai to expand electricity and water production capacity to meet growing demand
Dewa plans to invest $10.9bn in electricity and water projects over the next five years
Russia to cut Nord Stream 1 gas supplies to 20% of capacity
Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs
Al Seer Marine to expand bulk cargo freight solutions globally
Company's subsidiary plans to transport approximately 2 to 3 million tonnes of bulk cargoes in 2022
Abu Dhabi property transactions exceed $6.1bn in first half of 2022
Transaction values were highest on Yas Island, which had deals worth Dh1.8bn
Does Nord Stream 1 reopening signal an end to Europe's energy crisis?
Conflicting messages from Russia suggest that there are no signs of the situation easing, analysts say
UAE to unveil new gold import rules in bid to thwart money laundering
Regulations will come into effect from January 2023 amid efforts to thwart money laundering through gold trade
UAE economy set for strongest expansion in 11 years
Central Bank projects 5.4 per cent GDP growth this year and 4.2% in 2023
Abu Dhabi Islamic Bank’s Q2 profit up 45% on lower provisioning charges
The lender reported a 10 per cent increase in customer financing during the period
Mashreq reports surge in second-quarter profit on higher-interest income
Net-interest income rose almost 37 per cent during the April-June period
Dewa's $11bn investment to focus on renewables, power distribution and Hassyan complex
New projects aimed at meeting rising power and water demand in the emirate
Dubai issues new law to support growth of real estate investment funds
Companies that meet the criteria for registration are eligible for various benefits under the new law
Dubai’s energy demand up 6.3% in the first half of 2022 on economic recovery
Dewa's capacity reaches 14,117MW of electricity and 490 million imperial gallons of desalinated water per day
