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    AD Ports Group delivers 66% revenue growth in Q2

    AD Ports Group delivers 66% revenue growth in Q2

    15 Aug 2023

    AD Ports Group today announced its financial results for the second quarter of 2023 (Q2’23), reporting revenue growth of 66 per cent year-on-year (YoY) to Dhs2.1 billion, driven by volume...

    Fitch downgrades top-tier US credit rating to AA+ from AAA

    Fitch downgrades top-tier US credit rating to AA+ from AAA

    02 Aug 2023

    Rating agency Fitch downgraded the US government’s top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the...

    DIFC Courts sets new record with Dhs15 billion in claims value in H1

    DIFC Courts sets new record with Dhs15 billion in claims value in H1

    24 Jul 2023

    The Dubai International Financial Centre (DIFC) Courts on Monday released its figures for the first six months of 2023, reflecting a surge in the overall value of claims. In addition,...

    AD Ports, China firm sign MoU to establish a strategic relationship

    AD Ports, China firm sign MoU to establish a strategic relationship

    20 Jul 2023

    AD Ports Group and China Machinery Engineering Group Corporation (CMEC GROUP), a state-owned key enterprise directly managed by the central government of China, have recently signed a Memorandum of...

    Commercial transport sector provides 242,000 jobs in Dubai, says RTA chief

    Commercial transport sector provides 242,000 jobs in Dubai, says RTA chief

    16 Jul 2023

    Gulf Today, Staff Reporter Mattar Al Tayer, Director-General, Chairman of the Board of Executives Directors of Dubai’s Roads and Transport Authority (RTA) revealed that Dhs16.1 billion was contributed to...

    Dubai Chamber members’ exports, re-exports reach Dhs71.7b in Q1

    Dubai Chamber members’ exports, re-exports reach Dhs71.7b in Q1

    05 Jun 2023

    Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has announced several achievements in the first quarter of 2023, as part of its ongoing drive to...

    Sri Lanka cuts interest rates for the first time in three years

    Sri Lanka cuts interest rates for the first time in three years

    02 Jun 2023

    In a sign of confidence that the worst of Sri Lanka’s financial crisis is over, its central bank surprised markets by cutting interest rates for the first time in three...

    UAE aims to become global model of green growth, circular economy: Minister

    UAE aims to become global model of green growth, circular economy: Minister

    01 Jun 2023

    Abdullah Bin Touq Al Marri, Minister of Economy, said that the UAE aims to become a global model of green growth and the circular economy, contributing to sustainable economic growth...

    World Bank expects UAE non-oil economy to grow by 4.8% in 2023

    World Bank expects UAE non-oil economy to grow by 4.8% in 2023

    17 May 2023

    Staff Reporter, Gulf Today The World Bank has projected that the real GDP of the UAE will grow by 2.8 per cent in 2023, as the non-oil sector is expected...

    Israel, UAE trade to cross $3b by year-end

    Israel, UAE trade to cross $3b by year-end

    16 May 2023

    Inayat-ur-Rahman, Business Editor The Israel, UAE ties are on a solid growth track and marching ahead as the bilateral trade between both countries set to cross $3 billion by...

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