Tag: 2024

National Bank of Fujairah posts a strong 39.3% net profit before tax growth to Dh715 million in the first nine months of 2024

National Bank of Fujairah (NBF) on Tuesday announced a year-on-year growth of 39.3 per cent to close the nine-month period at a net profit...

Adnoc Distribution reports record fuel volumes, Ebitda for first nine months of 2024

Adnoc Distribution on Thursday reported its highest nine-month earnings before interest, taxes, depreciation and amortisation (Ebitda) of $790 million (Dh2.90 billion) and underlying Ebitda...

SAMA 2024 Report Affirms Resilience of Saudi Financial System

The Saudi Central Bank (SAMA) issued its Financial Stability Report 2024, highlighting national and global trends and significant developments in the Saudi financial system,...

Dubai Financial Services Authority authorises 61 new firms in H1 2024

The Dubai Financial Services Authority (DFSA) today reported exceptional achievements for the first half of 2024, highlighting continued growth in the number of authorised...

361 million riders used Dubai’s public transport, shared mobility, and taxis in H1 2024 as daily ridership hits 1.98m

Dubai’s Roads and Transport Authority (RTA) announced that the number of users of public transport and shared mobility means in Dubai—including Metro, Tram, public...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...