Business

800 Industrial Establishments in Ajman During First Half of 2024

800 Industrial Establishments in Ajman During First Half of 2024

Sheikh Hamad bin Nasser Al Nuaimi, Director of the Member Affairs Department at the Ajman Chamber of Commerce and Industry…
Dubai Property Sales Rise to AED49.6 Billion in July

Dubai Property Sales Rise to AED49.6 Billion in July

Dubai’s real estate market has enjoyed another bumper month, with property sales in July reaching a new peak for 2024…
MultiBank Group, Mashreq Partner to Launch 24/7 Instant Payments for Over 1 Million Traders Worldwide

MultiBank Group, Mashreq Partner to Launch 24/7 Instant Payments for Over 1 Million Traders Worldwide

MultiBank Group, the largest financial derivatives institution worldwide headquartered in Dubai, announces its strategic partnership with Mashreq to launch the…
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…
ADDED Adds 12 New Activities to Tajer Abu Dhabi Licence

ADDED Adds 12 New Activities to Tajer Abu Dhabi Licence

The Abu Dhabi Business Centre at the Abu Dhabi Department of Economic Development (ADDED) announced the addition of 12 new…
Dubai Leads the Global Prime Residential Market in Rental Values with Gains of 12.1% in H1 2024 

Dubai Leads the Global Prime Residential Market in Rental Values with Gains of 12.1% in H1 2024 

Savills, a global real estate services provider, released the findings of its latest Prime Residential World Cities Index, which revealed…
Arab Bank Group Profits Grow By 25% To $503M For The First Half Of 2024 

Arab Bank Group Profits Grow By 25% To $503M For The First Half Of 2024 

Arab Bank Group reported solid results for the first half of 2024, with 25% increase in net income after tax…
Menzies and KLM Renew Long-Running Partnership at AMS

Menzies and KLM Renew Long-Running Partnership at AMS

Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced the renewal of a major cargo…
UAE Takes Part in Third G20 FMCBG Meeting Held in Brazil

UAE Takes Part in Third G20 FMCBG Meeting Held in Brazil

The UAE, represented by the Ministry of Finance (MoF) and the Central Bank of the UAE (CBUAE), participated in the…
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