Tag: UAE

Emirates Islamic reports record Q1 2024 profit of Dh811 million

Emirates Islamic profit surged to a record Dh811 million in the first quarter of 2024, up 35 per cent year-on-year (YoY). This success was underpinned...

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...

UAE economy set to expand at ‘fastest clip’ in GCC

Buoyed by strong performance in non-oil sectors, the UAE economy is on track to expand at the fastest clip in the region while Saudi...

CBUAE enhances SupTech initiative as part of its Financial Infrastructure Transformation Programme

The Central Bank of the UAE (CBUAE) has partnered with Accenture to implement a range of transformative services for the CBUAE's Supervisory Technology (SupTech)...

UAE aims to roll out 6G before 2030, allowing people to transmit human senses

The UAE aims to transition to 6G before 2030 which will allow people to digitally transmit human senses sight as well as further role...

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...

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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...