Business

EDGE acquires 51% of CONDOR Non-Lethal Technologies

EDGE acquires 51% of CONDOR Non-Lethal Technologies

EDGE, one of the world’s leading advanced technology and defence groups, today announced the acquisition of 51% of Brazil-based CONDOR…
Magnati, ADNOC Distribution Partner to Deliver Enhanced Payment Experience

Magnati, ADNOC Distribution Partner to Deliver Enhanced Payment Experience

Magnati, a leading payments solutions provider in the Middle East region, has partnered with ADNOC Distribution to enhance consumers’ experience…
Borouge Q1 2024 Net Profit Increases 37% YOY to $273 million

Borouge Q1 2024 Net Profit Increases 37% YOY to $273 million

Borouge Plc has reported a 37% year-on-year (YOY) increase in first-quarter net profit to $273 million on stronger pricing premia…
Dubai Financial Market reports 171% increase in Q1 2024

Dubai Financial Market reports 171% increase in Q1 2024

Dubai Financial Market (DFM) today announced its consolidated financial results for the first quarter of the year ending on 31st…
The Global Partnership for Education AND the Islamic Development Bank Celebrate Innovative Financing

The Global Partnership for Education AND the Islamic Development Bank Celebrate Innovative Financing

During its 2024 Annual Meetings and Golden Jubilee Celebration, the Islamic Development Bank (IsDB), the Arab Coordination Group (ACG) and…
Axiom Prime Real Estate Development Launches Milestone Residences in Jumeirah Village Triangle

Axiom Prime Real Estate Development Launches Milestone Residences in Jumeirah Village Triangle

Axiom Prime Real Estate Development announced the launch of Milestone Residences, a luxury development in Jumeirah Village Triangle merging urban…
Abu Dhabi Businesswomen Council Initiates Strategic Engagements with Eight International Business

Abu Dhabi Businesswomen Council Initiates Strategic Engagements with Eight International Business

The Abu Dhabi Businesswomen Council, a subsidiary of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), held an expanded…
ADIB delivers AED1.45 billion Net Profit in Q1 2024

ADIB delivers AED1.45 billion Net Profit in Q1 2024

Abu Dhabi Islamic Bank (ADIB) reported a growth in Net Profit after tax of 32 percent for Q1 2024 to…
SIB’s Net Profit Grows 22.5% in Q1 2024

SIB’s Net Profit Grows 22.5% in Q1 2024

Sharjah Islamic Bank (SIB) announced an increase in its net profit before tax by 22.5 percent, amounting to AED285.4 million…
Dubai Family Business Survey Highlights Focus on Growth, Technology Adoption

Dubai Family Business Survey Highlights Focus on Growth, Technology Adoption

The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has revealed the results of a…
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