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    Sharjah Chamber highlights importance of accelerating women’s empowerment

    Sharjah Chamber highlights importance of accelerating women’s empowerment

    29 Sep 2024

    The Sharjah-Europe Businesswomen Forum underscored the importance of accelerating women’s economic empowerment as a key driver of sustainable development. Organised by the Sharjah Chamber of Commerce and Industry (SCCI) in...

    Germany’s Mercedes-Benz lowers forecast due to weakness in China

    Germany’s Mercedes-Benz lowers forecast due to weakness in China

    20 Sep 2024

    German high-end carmaker Mercedes-Benz on Thursday lowered its guidance for the 2024 financial year, citing a deterioration of its business in China. According to German news agency (dpa), the company...

    UAE Central Bank imposes fine of Dhs5 million on a bank violating Anti-money Laundering laws

    UAE Central Bank imposes fine of Dhs5 million on a bank violating Anti-money Laundering laws

    16 Sep 2024

    The Central Bank of the UAE (CBUAE) imposed a financial sanction on a bank operating in the UAE. The decision is pursuant to articles 89 and 137 of the Federal...

    UAE’s clean energy investments exceed Dhs45 billion: Suhail Al Mazrouei

    UAE’s clean energy investments exceed Dhs45 billion: Suhail Al Mazrouei

    15 Sep 2024

    Suhail Bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the UAE has made significant progress in increasing the contribution of clean energy production to the total energy...

    Fed seen poised for rate cut as inflation cools

    Fed seen poised for rate cut as inflation cools

    30 Aug 2024

    Federal Reserve policymakers on Friday got fresh confirmation that inflation is continuing to ease, clearing the way for a first interest rate reduction next month as they shift their focus...

    Court rejects bank’s request to obligate customer to pay Dhs484,000

    Court rejects bank’s request to obligate customer to pay Dhs484,000

    14 Aug 2024

    Salam Abu Shehab, Staff Reporter The Abu Dhabi Commercial Court of First Instance revoked a lawsuit filed by a bank to obligate a man to pay Dhs484,825 as a result...

    Etihad Rail launches finance framework for green funding

    Etihad Rail launches finance framework for green funding

    14 Aug 2024

    Etihad Rail, the developer and operator of the UAE National Rail Network, has launched its Sustainable Finance Framework, a comprehensive guide designed to link the company’s future financing to its...

    Burjeel’s first-half revenues reach Dhs 2.4 billion, up 10.4%

    Burjeel’s first-half revenues reach Dhs 2.4 billion, up 10.4%

    08 Aug 2024

    Burjeel Holdings PLC, listed on the Abu Dhabi Securities Exchange (ADX), reported a 10.4 percent growth in revenue to Dhs 2.4 billion for the first half of the current year ending...

    Etihad Airways reports 48% increase in profits to Dhs 851 million in H1-24

    Etihad Airways reports 48% increase in profits to Dhs 851 million in H1-24

    08 Aug 2024

    Etihad Airways today announced its H1 2024 results, recording a 48 percent increase in profit after tax achieving Dhs851 million (US$232 million), a significant increase from Dhs575 million (US$157 million)...

    Dubai bank announces instalment deferment facility for customers hit by system glitch

    Dubai bank announces instalment deferment facility for customers hit by system glitch

    27 Jul 2024

    Gulf Today, Staff Reporter In line with its commitment to its valued customers, Dubai Islamic Bank (DIB) has deferred the July installments of all customers whose installments could not be...

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