Tag: Abu Dhabi

Abu Dhabi Global Market records 211% surge in assets under management since Q1 2023

ADGM, the international financial centre of the UAE’s capital, on Monday announced that it recorded an increase of 211 per cent in assets under...

TAQA Group reports AED2.1 billion net income for Q1 2024

Abu Dhabi National Energy Company (TAQA) reported its earnings for the period ending 31st March 2024. TAQA delivered a robust financial performance, bolstered by...

First digital assets market maker, broker-dealer from Singapore to achieve an In-Principle Approval from the FSRA of ADGM

QCP, a global institutional digital assets company, today announced that they have received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of...

e& reports consolidated revenues of AED14.2 billion in Q1 2024, up 9 percent

e& today disclosed its consolidated financial results for Q1 2024, reporting consolidated revenue of AED14.2 billion, growing 9% year-over-year, while consolidated net profit increased...

UAE: Soon, travel from Abu Dhabi to Dubai in just 30 minutes by flying taxis

Flying taxis will cut travel time between Abu Dhabi and Dubai to just 30 minutes, industry experts said, while highlighting the UAE being at...

ADCB’s brand value surges over 8% in 2023, reaching AED 10.5 billion

Abu Dhabi Commercial Bank (ADCB) has seen the value of its brand increase 8.7 percent over the last year to reach AED 10.5 billion,...

Abu Dhabi to host AIM 2024 on 7th May

The AIM (Annual Investment Meeting) Congress 2024, the premier global investment platform, is set to convene in Abu Dhabi from 7th to 9th May...

Microsoft invests $1.5 billion in Abu Dhabi’s G42 to accelerate AI development, global expansion

G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft on Tuesday announced a $1.5 billion strategic investment by Microsoft in G42. The...

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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...

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

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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...