Articles
Dubai renames Dubai Maritime City Authority
The authority will regulate the emirate's maritime sector and be responsible for issuing licences for marine transport
UAE and Costa Rica seek to grow trade and investment ties
Non-oil bilateral trade between the two countries rose by 19% to reach $58.7m last year
Dubai government repays more than $1 billion worth of sukuk
The settlement of obligations reflects emirate's 'strong financial position', Public Debt Management Office says
Emirates Steel Arkan posts Q4 net profit of $34m on higher sales
Strong international demand and cost-efficiency programmes drove profitability, company says
Saudi Arabia's King Salman names new central bank governor
Former governor Fahad Almubarak takes on the role of adviser at the royal court
Aldar sets up joint venture as it seeks to enter Dubai property market
Abu Dhabi company will develop new real estate projects across prime locations in Dubai
Saudi fund signs agreement with Oman for $320m project
The Saudi Fund for Development will finance undertaking in Al-Dhahirah Special Economic Zone
Abu Dhabi’s IHC acquires 55% stake in Reach Employment Services
Company plans to use the $86 million deal to increase its market share in employment sector
SNB net profit up 47% on higher income and lower impairments
The kingdom’s largest lender reported that total operating income rose by about 17% during the year
Global economic outlook 'less bad' than anticipated, IMF says
World Economic Forum panellists caution against persistent inflation and consequently high interest rates holding back growth prospects
Adnoc Distribution aims to cut carbon intensity by 25% by 2030
Company will install solar panels at service stations and use biofuels to power its fleet of vehicles
UAE telecoms operator e& raises stake in Vodafone Group to 12%
The Abu Dhabi-based telco now owns 3.27 billion shares in the British company
South Korean companies join Adio’s innovation ecosystem in Abu Dhabi
Digital transformation company H2O will set up operations in the hospitality industry while K-BTS Consortium will grow Korean strawberry at six new smart farms
Mubadala acquires US-based Dental Care Alliance
The investment, made in partnership with private equity company Harvest Partners, aims to drive the continued expansion of DCA's services that are focused on general and speciality treatments
Saudi Arabia’s PIF designates Diriyah as fifth giga-project
Project seeks to align with the sovereign wealth fund's strategy to unlock the capabilities of promising sectors, including tourism and culture
