Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

UAE: Multiply Group’s beauty anchor, Omorfia Group, acquires 100% of The Juice Spa and Salon

In a strategic move to bolster its position in the beauty industry, Omorfia Group, the beauty anchor of Abu Dhabi-based investment holding company Multiply...

ENOC’s jet fuel sales to reach over a billion gallons by the end of 2023

Reaffirming its commitment to the growth of the aviation sector in Dubai, ENOC Group will reach more than one billion gallons of jet fuel...

DMCC targets coffee, cacao and emeralds to deepen UAE and Colombia trade and investment

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has concluded its Made For Trade...

Himalaya Wellness Company LLC Expands in UAE

Himalaya Wellness has broken ground for its upcoming state-of-the-art herbal pharmaceutical factory supported by a financing package from Emirates Development Bank (EDB), the key...

ADCB reports nine-month net profit of AED 5.752 bn

Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the third quarter of 2023 (“Q3’23”).In a statement today,...

Ghitha Holding reports AED 124 million in Q3 2023 profits

Ghitha Holding (Ghitha), a subsidiary of International Holding Company (IHC), has announced its third quarter year-to-date (YTD) results for 2023, reporting a profit before...

Grant Thornton further opens new flagship office in Abu Dhabi

Grant Thornton, one of the UAE’s largest professional services firms, today announced the inauguration of its new flagship office in Abu Dhabi Global Market...

Tanzania signs deals with DP World to operate Dar es Salaam port berths for 30 years

Tanzania on Sunday signed agreements with Dubai state-owned ports operator DP World to operate part of the Dar es Salaam port for 30 years,...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...