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Business

Downtown Dubai sees Biggest Property Deal of the year with aed 505 Million Purchase

Driven Properties is thrilled to add Emaar Square Building 3 to its portfolio through an AED 505 million acquisition. Spanning…

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Business

GII Closes $100 Million Capital Increase to Boost its Growth Plans  

Leading shareholders in Gulf Islamic Investments (GII), plus new investors, have added an additional $100 million growth capital to the…

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Business

NMDC Energy Announces Strong Q3 Net Profit of AED 402 million Following Successful IPO

NMDC Energy, a majority-owned subsidiary of NMDC Group, has reported strong third quarter financial results in its first earnings announcement…

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Business

Nasdaq Dubai Welcomes Listing of $500 million AT1 Sukuk by DIB

Nasdaq Dubai welcomed the listing of US$500 million Sukuk issued by Dubai Islamic Bank (DIB). The additional Tier 1 (AT1)…

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Technology

Gartner Forecasts 85 Million Electric Vehicles Will Be on the Road by End of 2025

By the end of 2025, 85 million electric vehicles (EVs) – cars, buses, vans and heavy trucks – are expected…

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News

Premium Plates Fetch AED69.137 million at RTA Auction

Dubai’s Roads and Transport Authority (RTA) secured a staggering AED69.137 million at the latest open auction of vehicle licence plates.…

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News

New Dhs600 Million Road Project will Reduce Traffic by 75% in this Area

Travel time will drop from 20 minutes to just five minutes Dubai’s Roads and Transport Authority (RTA) has announced a…

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News

UAE President Directs US$100 Million in Urgent Relief for Lebanon

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the delivery of an urgent US$100 million relief package…

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Business

Dubai: Property Owners Rake in up to Dh15 million in Profits by Flipping Units in 4 Years

According to experts, profit margins rise further for those who do upgrades on their properties Several Dubai residents who bought…

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News

‘ADNOC Distribution’ Approves $350 million Interim Cash Dividend for H1

ADNOC Distribution today announced that the Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for…

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