Tag: UAE

UAE: Etihad Airways reports Dh526 million profit in first quarter

UAE's Etihad Airways on Thursday said it recorded a profit after tax of Dh526 million in the first quarter of 2024 as compared to...

DIFC announces consultation of updated prescribed company regulations

Dubai International Financial Centre (DIFC) has proposed to enact amendments to the Prescribed Company Regulations. The proposed regulations seek to significantly expand and simplify...

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...

Watch: UAE’s first passenger-carrying drone trial takes place in Abu Dhabi

The first passenger-carrying drone trial in the Middle East has been carried out in Abu Dhabi, during Abu Dhabi Mobility Week, authorities said. The trial...

Dubai Taxi revenue rises 16% to Dh558.4 million in Q1

Dubai Taxi Company PJSC announced its financial results for the three months ending March 31, 2024, with revenue increasing by 16 per cent year-on-year...

Dubai Chambers to organise ‘Dubai Business Forum – China’ in Beijing in August

Dubai Chambers has announced that it will organise the Dubai Business Forum – China in Beijing from 21st to 22nd August this year. The event...

Etihad Airways boosts interline deals with five airlines making travel smoother

Etihad Airways has launched reciprocal interline partnerships with five new airline partners, further expanding travel options for guests across its expanding global network. The airline...

TECOM reports AED293 million net profit in Q1 2024

TECOM Group today announced a 15% year-on-year (YoY) increase in net profit to AED293 million for the three-month period ended 31st March 2024 (Q1). EBITDA...

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Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...