Business

PureHealth Delivers Triple Digit Net Profit Growth to AED491 Million in Q1

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

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%

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…
JP Morgan: A listings boom in Gulf Region

JP Morgan: A listings boom in Gulf Region

Gokul Mani, Managing Director and Head of Ceemea (Central and Eastern Europe, Middle East and Africa), Equity Capital Markets at…
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…
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