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ACWA Power Announces USD238 million Aggregate Financial Closing for Absheron-Khizi Wind Farm in Azerbaijan at COP29

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

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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Business

ADNIC Achieves Net Profit before Tax of AED 342.5 million for the First Nine Months of 2024 

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, continues…

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Business

Razzamataz Theatre Schools Franchise Forecasts £1 million Turnover in Five Years

Razzamataz Theatre Schools is looking to engage local partners as the UK-based leading provider of exceptional performing arts education for…

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Business

DFM Records AED38.6 million in Major Trades on Al Ansari Ajman Bank

Dubai Financial Market (DFM) today announced the completion of three major transactions involving Al Ansari Financial Services and Ajman Bank,…

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News

UAE-Based Firm Stole Hundreds of Flight Tickets, Fuel Worth Dh1 million in Audacious Scam

Masquerading as a legitimate construction business, Prime Experts claimed to need travel arrangements for ’employees’ If you’ve snagged a deal…

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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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