Italy’s gas grid operator Snam has announced its decision to sell its indirect minority stake in ADNOC Gas Pipelines to Lunate, an Abu Dhabi-based investment firm. This move aligns with Snam’s ...
Abu Dhabi Islamic Bank (ADIB) reported a record performance in 2024, with a net profit after tax of AED 6.1B, reflecting a 16% increase from AED 5.25B in 2023. Net profit before tax rose 26% YoY to ...
H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Deputy Prime Minister and Minister of Foreign Affairs, met with Dr. Subrahmanyam Jaishankar, India’s External Affairs Minister, in Abu Dhabi to discuss ...
Ras Al Khaimah International Airport (RAK Airport) achieved record-breaking growth in 2024, with passenger numbers surging by 28%. The announcement, made by Sheikh Salem bin Sultan bin Saqr Al Qasimi, ...
The International Free Zone Authority (IFZA) has unveiled a strategic partnership with RAKBANK, furthering its goal of providing seamless business and financial solutions to its partners. This ...
Abu Dhabi Commercial Bank (ADCB) posted strong financial results for Q4 2024, reporting a net profit of AED 2.57 billion ($699.71 million), a 5% increase compared to the same period last year. The ...
ADGM, the international financial centre in Abu Dhabi, has launched its all-in-one mobile app, aimed at transforming how businesses, employees, and residents interact within the financial district.
The UAE is gearing up to announce petrol prices for February 2025 later this week. In January 2025, fuel prices were frozen, marking stability after a year of fluctuations in 2024. Current prices for ...
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Deputy Prime Minister and Minister of Defence, chaired the first Defence Council meeting of 2025. Sheikh Hamdan ...
Dubai’s real estate sector recorded AED761 billion in transactions in 2024, the highest in its history. The total of 2.78 million procedures, including real estate transactions and rental agreements, ...
DP World has renewed its partnership with DUBAI GAMES, Dubai’s premier team sports event, extending its sponsorship until 2028. The announcement, made by the Organising Committee, highlights the ...
DHG Properties, a European real estate firm, has unveiled plans for a new AED 300M (USD 82M) residential project in Meydan, Dubai. This marks the company’s second venture in the area following the ...