Business
Air Arabia Reports Net Profit of AED 266 Million in Q1-24
May 14, 2024
Air Arabia Reports Net Profit of AED 266 Million in Q1-24
Air Arabia today reported a strong first quarter 2024 financial and operational results, as the airline continued to expand its…
ADNOC Drilling Secures Transformational $1.7 Billion Contract to Unlock UAE’s World Class Unconventional Energy Resources
May 13, 2024
ADNOC Drilling Secures Transformational $1.7 Billion Contract to Unlock UAE’s World Class Unconventional Energy Resources
ADNOC Drilling Company PJSC (“ADNOC Drilling” or “the Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) has been awarded, by ADNOC,…
ADNOC Distribution Reports Robust Q1 2024 Growth
May 9, 2024
ADNOC Distribution Reports Robust Q1 2024 Growth
ADNOC Distribution today announced robust Q1 2024 financial results, reporting an 18% year-on-year increase in its Earnings Before Interest, Taxes,…
Alpha Dhabi records AED4.6 billion Net Profit in Q1 2024
May 6, 2024
Alpha Dhabi records AED4.6 billion Net Profit in Q1 2024
Alpha Dhabi Holding reported a Group Net Profit of AED4.6 billion for the first quarter of 2024, showing continued momentum…
NMDC Group Reports 112% Surge in Q1 2024 Net Profits
May 3, 2024
NMDC Group Reports 112% Surge in Q1 2024 Net Profits
NMDC Group has announced its financial results for the first quarter of 2024 (Q1 2024), reporting a 67% growth in…
Nasdaq Dubai Acquired more than 50% of Sustainable Sukuk in Q1 2024
May 3, 2024
Nasdaq Dubai Acquired more than 50% of Sustainable Sukuk in Q1 2024
Ian Johnston, Chief Executive, Dubai Financial Services Authority (DFSA), stated that by the first quarter of 2024, Nasdaq Dubai had…
EDB, Sheraa, SCCI unveil Centre of Excellence for Advanced Manufacturing and CPG
May 3, 2024
EDB, Sheraa, SCCI unveil Centre of Excellence for Advanced Manufacturing and CPG
Emirates Development Bank (EDB) together with Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) announced today…
PureHealth Delivers Triple Digit Net Profit Growth to AED491 Million in Q1
May 2, 2024
PureHealth Delivers Triple Digit Net Profit Growth to AED491 Million in Q1
PureHealth Holding today announced its financial results for the period ended 31st March 2024. The Group achieved robust revenue growth…
Ruwad Launches Weather Affected Business Support Package
May 2, 2024
Ruwad Launches Weather Affected Business Support Package
The Sharjah Entrepreneurship Foundation “Ruwad,” affiliated with the Department of Economic Development, has adopted a package of incentives and supportive…
CBUAE maintains Base Rate at 5.40%
May 2, 2024
CBUAE maintains Base Rate at 5.40%
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…