India regulator rejects bias in Adani probe

India’s market regulator chief rejected Sunday allegations by US short-seller Hindenburg Research that claimed past offshore investments may have prevented her from properly investigating corporate malfeasance allegations against the Adani...

Federal Tax Authority collaborates with Mohammed Bin Rashid Housing Establishment to further promote tax culture

The Federal Tax Authority (FTA) has signed a Memorandum of Understanding (MoU) with the Mohammed bin Rashid Housing Establishment to strengthen the two entities’ strategic partnership and promote tax culture...

Changing the mindset on a search product

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...

Nancy Pelosi wants you to know she wields power

Tabreed registers Dhs291m net profit

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...

Saudi ports report 15.72% growth

Saudi Arabia’s ports recorded a 15.72 per cent increase in container handling in July compared to the same month last year, official data showed. According to Arab News, the latest...

National ICV Programme boosts UAE economy, redirects over Dhs48b

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...

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

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 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...

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

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...