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    Shuaa Capital posts Dhs20m net profit in 3rd quarter

    Shuaa Capital posts Dhs20m net profit in 3rd quarter

    12 Nov 2022

    Shuaa Capital (Shuaa), the leading asset management and investment banking platform in the region, has announced its financial results for Q3 2022. In the third quarter, Shuaa and its subsidiaries...

    Adnoc Distribution’s profit up by 39% to Dhs2.33b for first 9 months

    Adnoc Distribution’s profit up by 39% to Dhs2.33b for first 9 months

    11 Nov 2022

    Adnoc Distribution on Friday reported that its Ebitda rose by 26 per cent year-on-year to Dhs2.86 billion, and net profit up by 39 per cent year-on-year to Dhs2.33 billion for...

    Aster inaugurates UAE’s first hub of integrative medicine

    Aster inaugurates UAE’s first hub of integrative medicine

    11 Nov 2022

    Sajjad Ahmad, Deputy Business Editor To strengthen the UAE’s position as a global destination of wellness, Aster DM Healthcare, one of the largest integrated healthcare providers in GCC and...

    ADIO, Noon to build UAE’s largest e-commerce fulfilment facility

    ADIO, Noon to build UAE’s largest e-commerce fulfilment facility

    10 Nov 2022

    Noon.com announced that it will build the UAE’s largest fulfilment centre in Abu Dhabi as part of an anchor investment into the emirate’s fast-growing e-commerce space. The 252,000 square...

    Salik reports Q3 net profit of Dhs242m

    Salik reports Q3 net profit of Dhs242m

    10 Nov 2022

    Salik Company announced that it achieved a net profit of Dhs242 million in the third quarter of 2022, with revenues increasing 9.1 per cent year-on-year (YoY) to Dhs445 million, driven...

    Wall Street tumbles as close race for Congress raises uncertainty

    Wall Street tumbles as close race for Congress raises uncertainty

    09 Nov 2022

    US stock indexes fell on Wednesday as uncertainty around the outcome of a tightly contested midterm election weighed on the mood, with investor focus shifting to Thursday’s inflation data for...

    New attractions set to drive Dubai's economy

    New attractions set to drive Dubai's economy

    09 Nov 2022

    Inayat-ur-Rahman, Business Editor There has been a spur of new attractions in Dubai, helping the emirate to attract tourists from all over the world and cement its position...

    Tesla recalls over 40,000 US vehicles

    Tesla recalls over 40,000 US vehicles

    08 Nov 2022

    Tesla Inc is recalling just over 40,000 2017-2021 Model S and Model X vehicles that may experience a loss of power steering assist when driving on rough roads or after...

    Nakheel gets Dhs17b funding for new waterfront projects

    Nakheel gets Dhs17b funding for new waterfront projects

    08 Nov 2022

    Master-developer Nakheel on Tuesday announced that it has secured Dhs17 billion in strategic financing deal to drive its new phase of growth. This includes refinancing of Dhs11 billion, and additional...

    Hon. Lujaina Mohsin Darwish: Engaging in global goals and ecosystems

    Hon. Lujaina Mohsin Darwish: Engaging in global goals and ecosystems

    08 Nov 2022

    The Honorable Lujaina Mohsin Darwish is a Member of State Council in the Sultanate of Oman and is one of the principal shareholders of Mohsin Darwish LLC, a major business...

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