Tag: UAE

UAE, Oman establish investment partnerships worth Dh129 billion

A UAE-Oman Business Forum on Monday saw the announcement of multiple agreements worth Dh129 billion. The agreements span renewable energy; green metals; railway connectivity; and...

Dubai Islamic Bank Q1 2024 pre-tax net profit hits Dh1.85 billion, a robust growth of 22% YoY

Dubai Islamic Bank announced on Monday that its first quarter profit rose 22 per cent year-on-year (YoY) to reach Dh1.85 billion. Total income reached to...

Dubai Chamber of Digital Economy attracted 9 MNCs with Dh304 billion combined value in 2023

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the combined market value...

Spinneys announces offer price range between AED1.42 and 1.53 per share

Spinneys today announced the price range for the sale of its shares and the start of the subscription period for its Initial Public Offering...

UAE’s AML/CTF Executive Office hosts FATF training workshop in Abu Dhabi

The UAE's Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) hosted a joint Financial Action Task Force (FATF) and MENAFATF workshop...

UAE: Gold prices fall nearly Dh3 per gram in early trade in Dubai

Gold prices fell nearly three dirhams per gram in the UAE on the first trading day of the week. In the UAE, the 24K variant...

Significant fluctuations in online payment transactions across various sectors following recent severe weather conditions in the UAE

Checkout.com data tracks notable changes in consumer payment transactions during the week 47% increase in airline online payment transactions, and 11% increase in hotel and...

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,...

Don't miss

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...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...