Business
Spinneys Announces Record AED2.3 billion Revenue for 9M 2024
November 8, 2024
Spinneys Announces Record AED2.3 billion Revenue for 9M 2024
Spinneys today announced its financial results for the nine-month period ended 30th September 2024. Nine-month revenue hit a record high…
DFM Records AED38.6 million in Major Trades on Al Ansari Ajman Bank
November 8, 2024
DFM Records AED38.6 million in Major Trades on Al Ansari Ajman Bank
Dubai Financial Market (DFM) today announced the completion of three major transactions involving Al Ansari Financial Services and Ajman Bank,…
CBUAE Lowers Base Rate by 25 Basis Points
November 8, 2024
CBUAE Lowers Base Rate by 25 Basis Points
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility…
UAE’s Banking Sector Net International Reserves up 11% to AED1.273 trillion by End July-24
November 7, 2024
UAE’s Banking Sector Net International Reserves up 11% to AED1.273 trillion by End July-24
Net international reserves of the UAE’s banking sector increased by 11.1%, or AED127.5 billion, during the first seven months of…
Dubai’s Office Market Sees Unprecedented Uptake and Rental Surge Across Top Business Areas in Q3 2024
November 7, 2024
Dubai’s Office Market Sees Unprecedented Uptake and Rental Surge Across Top Business Areas in Q3 2024
Dubai’s commercial office market is reaching new heights, with unprecedented demand driving occupancy rates and rental growth across prime business…
Bitcoin Hits Record $75,000: Bullish Momentum Signals Potential for Six-Figure Surge
November 6, 2024
Bitcoin Hits Record $75,000: Bullish Momentum Signals Potential for Six-Figure Surge
Bitcoin has just hit a new record high, reaching $75,000 as the market continues to price in a Donald Trump…
Mohammed Bin Rashid Housing Establishment Signs MoU with the Islamic Affairs & Charitable Activities Department
November 6, 2024
Mohammed Bin Rashid Housing Establishment Signs MoU with the Islamic Affairs & Charitable Activities Department
The Mohammed Bin Rashid Housing Establishment (MBRHE) announced the signing of a Memorandum of Understanding (MoU) with the Islamic Affairs…
RAKBANK Partners with Paramount and Archer to Strengthen Governance Risk and Compliance (GRC) Framework
November 6, 2024
RAKBANK Partners with Paramount and Archer to Strengthen Governance Risk and Compliance (GRC) Framework
RAKBANK has announced a strategic partnership with Paramount and Archer to implement a cutting-edge Governance, Risk, and Compliance (GRC) solution.…
Measuring the ROI of AI: Four Essential Tips for Delivering Value
November 5, 2024
Measuring the ROI of AI: Four Essential Tips for Delivering Value
Nearly one-third of artificial intelligence (AI) projects may be scrapped by 2025 as costs outpace perceived value, according to recent…
FedEx Drives Economic Impact Across the Middle East Through Large-Scale Investments
November 5, 2024
FedEx Drives Economic Impact Across the Middle East Through Large-Scale Investments
FedEx Corp. (NYSE: FDX) released its annual economic impact report, analyzing the company’s worldwide network and role in building prosperity…