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Dubai: Prominent Community leader CA Khalil passes away at 86

He was a founding member of the Dubai chapter of The Institute of Chartered Accountants of India and once served…

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Business

ACWA Power and Itochu Corporation sign Memorandum of Understanding at COP29 to Explore Clean Energy Solutions 

ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has…

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Business

Digital News Platform Moniify to Deliver Business and Finance Content for Millennials and GEN-Z in Emerging Markets

MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26,…

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News

UAE Data Centre Market to be Worth AED 9.7 Billion by 2029

According to premier global market research and consulting organisation, Blackridge, the data centre market in the UAE is projected to…

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Business

Sustainable IT and AV Solutions the next Frontier in Corporate Responsibility 

By Ekta Puthran, Head of Sales APAC & MEA – Collaboration, Barco  Returning to the office has forced many organizations to…

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Business

ADCB Launches its all new Corporate TouchPoints Credit Card with a Comprehensive Rewards Programme 

Abu Dhabi Commercial Bank (“ADCB”) announced the launch of its new Corporate TouchPoints Credit Card featuring a robust loyalty programme…

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Business

Masdar, SOCAR Green and ACWA Power Sign MoU to Explore the Development of 3.5GW of Offshore Wind Projects in the Republic of Azerbaijan

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU)…

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Business

Agility Reports Q3 2024 Net Profit of KD 10 Million  

 Q3 2024 (Million KD) Q3 2023 (Million KD) Variance (%) 9M 2024 (Million KD) 9M 2023 (Million KD) Variance (%) Revenue 411.0 360.8 14% 1,122.7 1,009.2 11% Net Revenue 260.0 212.8 22% 720.0 599.7 20% EBITDA 70.0 58.7 19% 204.2 179.6 14% EBIT 44.8 33.8 33% 129.4 110.1 18% Net Profit 10.1 28.0 -64% 34.8 57.5 -40% EPS (fils)  4.04 11.23 -64% 13.93 23.03 -40%  Numbers above are rounded.   Agility, a supply chain…

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Business

Agility Global PLC Reports Q3 2024 Net Profit of $37 Million  

Agility Global PLC, a multi-business owner and operator and long-term investor in global and regional businesses, today reported Q3 2024 earnings…

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Technology

Qlik’s Accelerating Growth Attracts Significant Investment from Thoma Bravo and ADIA 

Thoma Bravo, a leading software investment firm, today announced it has signed an agreement to sell a significant minority stake…

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