Tag: UAE

Dubai International Chamber attracts eight multinational companies to emirate during Q1 2024

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has announced details of several notable achievements during Q1 2024 in attracting...

DIFC bolstered its brokered premiums by 61% YoY in 2023: CEO

Arif Amiri, Chief Executive Officer of the DIFC Authority, said that the DIFC, as a premium (re)insurance hub, has strengthened its capabilities, servicing people...

UAE key partner in China’s global expansion, says Chinese Ambassador

Zhang Yiming, Ambassador of the People's Republic of China to the UAE, has emphasised the significance of the ongoing China-Arab Entrepreneurs Summit 2024, which...

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...

Tabreed reports AED468 million revenues in Q1 2024

Tabreed, the UAE's international district cooling company, today released its consolidated financial results for the first three months of 2024, recording revenue increase to...

Dubai ranked No.1 globally for attracting Greenfield FDI projects for third successive year

Dubai has further reinforced its position as the world’s leading hub for foreign direct investment (FDI). According to the Financial Times Ltd’s “fDi Markets”...

Emaar Group’s property sales grow 47%, totalling AED13.5 billion in Q1 2024

Emaar Properties PJSC has released its financial results for the first quarter of 2024, showcasing consistent resilient performance and operational efficiency across its various...

Sharjah Social Empowerment Foundation participates in UN Civil Society Conference

The Sharjah Social Empowerment Foundation (SSEF) has participated in the United Nations Civil Society Conference themed "Shaping a Future of Global and Sustainable Progress." The...

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Saudi Exchange shows resilience on Aramco shares, defying regional trend

RIYADH: Saudi Arabia’s Tadawul All Share Index showed signs...

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...