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    ADNOC Distribution reports net profit of $170 million in Q2 2024

    ADNOC Distribution reports net profit of $170 million in Q2 2024

    08 Aug 2024

    ADNOC Distribution today announced its financial results for the second quarter of 2024. The Company reported a 15.0% YoY increase to $267 million in Q2 2024 EBITDA, and a 12.9%...

    Aramco posts $29.1b net income in Q2

    Aramco posts $29.1b net income in Q2

    06 Aug 2024

    Aramco announced its second quarter and half-year 2024 results, delivering strong performance as key milestones advance long-term growth strategy. The Saudi Arabian Oil Group reported net income of $29.1 billion...

    Tenancy policies elevate financial business environment in UAE: MoF

    Tenancy policies elevate financial business environment in UAE: MoF

    06 Aug 2024

    Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance (MoF), affirmed that the Cabinet’s adoption of tenancy policies highlights the importance of continuously developing the legislative environment for the...

    Shurooq unveils Sharjah Beach Festival

    Shurooq unveils Sharjah Beach Festival

    05 Aug 2024

    The Sharjah Investment and Development Authority (Shurooq) has unveiled the inaugural edition of the ‘Sharjah Beach Festival,’ set to transform Al Heera Beach into a vibrant hub of activity from...

    Pakistan’s machinery imports surge by 46% in FY2023-24

    Pakistan’s machinery imports surge by 46% in FY2023-24

    05 Aug 2024

    Pakistan’s imports of machinery experienced a substantial increase of 46.27 percent during the fiscal year 2023-24 compared to the previous year, according to the Pakistan Bureau of Statistics (PBS). The...

    Building UAE’s financial resilience for country’s sustainable future

    Building UAE’s financial resilience for country’s sustainable future

    05 Aug 2024

    Amidst the fluctuating global economy, the UAE Federal Government remains committed to embracing the highest levels of flexibility and financial efficiency to drive sustainable development and meet future developmental and...

    800 industrial establishments in Ajman during first half of 2024

    800 industrial establishments in Ajman during first half of 2024

    04 Aug 2024

    Sheikh Hamad bin Nasser Al Nuaimi, Director of the Member Affairs Department at the Ajman Chamber of Commerce and Industry (ACCI), stated that the total memberships of the ACCI reached...

    Moscow becoming a favourite destination for UAE travellers

    Moscow becoming a favourite destination for UAE travellers

    02 Aug 2024

    Sajjad Ahmad, Deputy Business Editor The Russian capital is becoming a preferred visiting destination for the UAE tourists as both countries are actively developing relations in the tourism sector. ...

    BoE cuts rates from 16-year high, will be ‘careful’ on next moves

    BoE cuts rates from 16-year high, will be ‘careful’ on next moves

    01 Aug 2024

    The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by its policymakers who were split over whether inflation pressures had eased sufficiently....

    Dr Bu Abdullah welcomes Justice Shahid Jamil Khan at Bu Abdullah Investment

    Dr Bu Abdullah welcomes Justice Shahid Jamil Khan at Bu Abdullah Investment

    01 Aug 2024

    Sponsored Content Dr. Bu Abdullah Welcomes Justice Shahid Jamil Khan at Bu Abdullah Investment Dubai, UAE [31 July, 2024] – In a notable event, Dr. Bu Abdullah, a prominent Emirati...

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