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    Changing the mindset on a search product

    Changing the mindset on a search product

    11 Aug 2024

    Google is facing a bigger threat from Sam Altman’s OpenAI even as it awaits a decision on how antitrust regulators in Washington plan to level the playing field in the...

    Tabreed registers Dhs291m net profit

    Tabreed registers Dhs291m net profit

    10 Aug 2024

    Tabreed, the UAE’s leading international district cooling company, has released its consolidated financial results for the first six months of 2024 and announced changes to its Board of Directors. The...

    National ICV Programme boosts UAE economy, redirects over Dhs48b

    National ICV Programme boosts UAE economy, redirects over Dhs48b

    09 Aug 2024

    The National ICV Program of the Ministry of Industry and Advanced Technology (MoIAT), one of the UAE’s Projects of the 50, has witnessed milestone with the expansion of its scope...

    Cryptocurrency mining legalised in Russia

    Cryptocurrency mining legalised in Russia

    09 Aug 2024

    Russian President Vladimir Putin has signed a law legalising cryptocurrency mining in Russia. According to the Russian News Agency (TASS), the law introduces new concepts, including digital currency mining, mining...

    ADNIC achieves net profit of Dhs 205.2 million for H1-24

    ADNIC achieves net profit of Dhs 205.2 million for H1-24

    09 Aug 2024

    Abu Dhabi National Insurance Company (ADNIC) has announced that for the six-month period ended 30th June 2024, profit before tax has grown by 10% year-on-year to Dhs224.3 million, while net...

    Aramex delivers net profit of Dhs 49.5 million, up by 15% in H1 2024

    Aramex delivers net profit of Dhs 49.5 million, up by 15% in H1 2024

    09 Aug 2024

    Aramex announced its financial results for the second quarter (Q2) and first half (H1) ending 30th June 2024. Net profit remained on an upward trajectory, reaching Dhs 49.5 million in H1...

    UAE national banks provided Dhs 25.7 billion in credit facilities to business, industrial sectors in 5 months

    UAE national banks provided Dhs 25.7 billion in credit facilities to business, industrial sectors in 5 months

    08 Aug 2024

    Credit facilities provided by the UAE national banks to the business and industrial sectors amounted to Dhs25.7 billion during the first five months of 2024, according to the latest figures...

    Emaar Properties’ revenues reach Dhs 14.4 billion in H1-24

    Emaar Properties’ revenues reach Dhs 14.4 billion in H1-24

    08 Aug 2024

    Emaar Properties has released its financial results for the first half of 2024, reporting total revenue of Dhs14.4 billion ($3.9 billion) and a net profit before tax of Dhs7.8 billion...

    Oil and gas sector in Arab countries attracts 610 projects worth $406 billion

    Oil and gas sector in Arab countries attracts 610 projects worth $406 billion

    08 Aug 2024

    The oil and gas sector in Arab countries attracted 610 projects implemented by 356 foreign and Arab companies, with a total investment cost of US$ 406 billion between January 2003...

    BoJ deputy chief plays down chance of near-term rate hike

    BoJ deputy chief plays down chance of near-term rate hike

    07 Aug 2024

    The Bank of Japan’s influential deputy governor said on Wednesday the central bank will not hike interest rates when markets are unstable, playing down the chance of a near-term hike...

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