Business
NetApp to Open Regional Headquarters in Riyadh, Reinforcing Commitment to Saudi Arabia’s Vision for AI and Digital Transformation
November 5, 2024
NetApp to Open Regional Headquarters in Riyadh, Reinforcing Commitment to Saudi Arabia’s Vision for AI and Digital Transformation
NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, has announced the opening of its Middle East regional headquarters in Riyadh,…
Downtown Dubai sees Biggest Property Deal of the year with aed 505 Million Purchase
November 4, 2024
Downtown Dubai sees Biggest Property Deal of the year with aed 505 Million Purchase
Driven Properties is thrilled to add Emaar Square Building 3 to its portfolio through an AED 505 million acquisition. Spanning…
Alpha Dhabi Records AED11.1 Billion Net Profit in 9 Months
November 1, 2024
Alpha Dhabi Records AED11.1 Billion Net Profit in 9 Months
Alpha Dhabi Holding has announced a group net profit of AED11.1 billion for the nine-month period ending 30th September 2024.…
764 Major Deals Drive AED58 billion in Abu Dhabi, Dubai Bourses this Year
November 1, 2024
764 Major Deals Drive AED58 billion in Abu Dhabi, Dubai Bourses this Year
Since the beginning of the year, UAE local stock markets have witnessed the completion of 764 substantial transactions, amounting to…
World Faces $2.7 Trillion Annual Climate Investment Gap by 2030: Moody’s
November 1, 2024
World Faces $2.7 Trillion Annual Climate Investment Gap by 2030: Moody’s
Vast sums are needed for the world to shift to a low-carbon economy, build resilience, and adapt to the effects…
ADNOC Distribution Reports Record Fuel Volumes, EBITDA for First Nine Months of 2024
October 31, 2024
ADNOC Distribution Reports Record Fuel Volumes, EBITDA for First Nine Months of 2024
ADNOC Distribution today announced its financial results for the third quarter and the first nine months of 2024. The Company…
ADNOC Drilling Reports Revenue above $1 Billion in Q3-24
October 30, 2024
ADNOC Drilling Reports Revenue above $1 Billion in Q3-24
ADNOC Drilling Company today announced record financial results for the third quarter and first nine months of 2024. The company’s…
Rents, Property Prices could Decline after 18 Months
October 30, 2024
Rents, Property Prices could Decline after 18 Months
Rents and property prices in most of the city’s areas have been consistently on the rise due to unprecedented demand…
Abu Dhabi Secondary Market Booms with Nearly 4,000 Villas and Townhouses Expected to be Delivered in Q4
October 30, 2024
Abu Dhabi Secondary Market Booms with Nearly 4,000 Villas and Townhouses Expected to be Delivered in Q4
Abu Dhabi’s secondary market is set to go into overdrive as a record number of units are expected to be…
GII Closes $100 Million Capital Increase to Boost its Growth Plans
October 29, 2024
GII Closes $100 Million Capital Increase to Boost its Growth Plans
Leading shareholders in Gulf Islamic Investments (GII), plus new investors, have added an additional $100 million growth capital to the…