Category: Business

DUBAI, The panellists during the opening session of Day 2 of Arabian Travel Market’s (ATM) Global Stage, shared their thoughts on the importance of government and the private sector, domestically and internationally, working collaboratively to ensure t…

ABU DHABI, ADNOC Distribution on Monday reported its first-quarter 2021 financial results, recording an underlying EBITDA of AED740 million with a net profit of AED631 million for the quarter, while cash flow generation remained strong with a free cash…

SHARJAH, CE-Ventures, the corporate venture capital platform of UAE-based Crescent Enterprises, has announced that it is doubling its venture capital investments in start-ups to reach AED 1 billion (USD 272 million) by 2022. Since its inception in 2017…

DUBAI, The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South announced that private jet movements continued their impressive growth in 2021 with a 336 percent increase in Q1 2021, reaching 4,904 compared to 1,460 in Q1 2020 and 1,676 in Q1 2019….

ABU DHABI, UAE financial markets on Thursday posted decent gains of about AED9.3 bn in market cap, driven by the realty and banking blue chips amid increased transactions that hit around AED1.44 billion.The upbeat sentiments saw Abu Dhabi Securities Ex…

DUBAI, Pakistan Business Council in Dubai, a business policy advocacy platform with 600 business members, has thanked the UAE for its support to the Pakistani business community and vowed to bolster trade between the two countries.This came in a meetin…

DUBAI, Dubai Chamber of Commerce and Industry, in cooperation with Davidson & Co., recently organised a webinar which examined amendments made to existing UAE laws related to the decriminalisation of bounced cheques, new collection mechanisms, restrict…

DUBAI, Fuad Mustafa Abazid, Chairman of Al Fuad Exchanged, has donated AED1 million, equivalent to one million meals, to the 100 Million Meals campaign, the first humanitarian campaign of its kind in the Arab world to provide food parcels for disadvant…