NMDC reports 79% revenue growth in H1

NMDC Group, specialised in engineering, procurement, construction, and marine dredging, disclosed its financial results for the first half (H1) of 2024. The Group reported a 79 per cent increase in...

Ajman Bank posts record profit in H1

Sheikh Ammar Bin Humaid Al Noaimi, Crown Prince of Ajman and Chairman of Ajman Bank Board of Directors, chaired the meeting held on Thursday at the bank’s headquarters, with the...

AQUA Properties achieves new milestone

Inayat-Ur-Rahman, Business Editor AQUA Properties, an award-winning multinational real estate brokerage and developer, proudly announces a significant milestone with the sale of over 900 units in its latest project, The...

DMCC hosts trade roadshow in Japan to drive Dubai’s AI growth

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – successfully concluded its first Made for Trade Live roadshow in Japan, which...

ADIB reports 53% growth in profit for first 9 months

Abu Dhabi Islamic Bank (ADIB) reported a growth of 53% in net profit for the first nine months of 2023 to Dhs3.75 billion from Dhs2.5 billion in the corresponding period...

Emirates to reintroduce direct A380 services to Auckland and Kuala Lumpur from Dec.1

Emirates has announced that it will restore its non-stop A380 services to and from Auckland (New Zealand) and Kuala Lumpur (Malaysia), starting from Dec.1, 2022. The Dubai-based airline currently...

Tesla will lower price for cars if inflation calms down: Musk

Tesla CEO Elon Musk said that his electric vehicle company Tesla would pull down the prices of its car if the inflation calmed down. On the microblogging site Twitter, the...

Report of the independent auditor on the summary financial information to the directors of Chubb Tempest Life Reinsurance Ltd. in respect of its UAE Branch

Dubai world’s most-connected city

Inayat-ur-Rahman, Business Editor Dubai is one of the smartest, most connected, and fastest-growing cities in the world; It is also one of the largest hubs with many visitors coming...

Swvl raises $35.5 million pre-funding to push growth strategy

Staff Reporter, Gulf Today Swvl,  a Dubai-based provider of transformative mass transit and shared mobility solutions,  on Sunday announced that several investors, including Agility and Chimera Abu Dhabi,...