Category: Business

DUBAI: Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE bank branches is the highest in the region at US$18.6 million per branch for retail services.

Sehg…

ABU DHABI: The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the Islamic Treasury Sukuk (T-Suku…

ABU DHABI: The General Civil Aviation Authority (GCAA) has launched the Cargo Data Reporting System (CARDS), which provides a range of technical services to government entities, national airlines, ground handling agents and express service providers.
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DUBAI: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 32 percent of the total number of Small and Medium-sized Enterprises (SMEs) attracted to Dubai during 2023 were from the Mi…

DUBAI: More than 100 of the world’s leading travel technology companies will be exhibiting at Arabian Travel Market (ATM) 2024, which will take place at Dubai World Trade Centre (DWTC) in the UAE from Monday 6 to Thursday 9 May.

ATM 2024’s sold-out T…

SHARJAH: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, has announced the resumption of its flights from Sharjah to Gizan in Saudi Arabia.

The direct flights will connect Sharjah International Airpor…

ABU DHABI: The Abu Dhabi School of Management (ADSM), a higher education institution affiliated with the Abu Dhabi Chamber of Commerce and Industry (ADCCI), announced the launch of its Bachelor of Science in Management (BScM) programme.

The new progr…

TOKYO: Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking.

Japan’s benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2 p…

BEIJING: China’s property market is showing positive signs, with a solid foundation for long-term stable development and a limited impact on the financial system, China’s central bank governor said at the China Development Forum (CDF) on Monday.

Acco…

AJMAN: Fitch Ratings has affirmed Ajman Bank’s Long-Term Issuer Default Rating (IDR) at “BBB+” with a Stable Outlook and Viability Rating (VR) at “b+”.

Commenting on the achievement, Mustafa Al Khalfawi, Group CEO of Ajman Bank, said, “We are proud t…