Tag: UAE

DP World breaks ground on AED 550 million ‘Agri Terminals’ facility

DP World today celebrated the groundbreaking of its new Agri Terminals facility at Jebel Ali Port, marking the start of a transformative journey to...

UAE ranks world’s fourth largest Islamic finance market: CBUAE

The Central Bank of the UAE (CBUAE) has revealed that the main Islamic financial markets are located in the Gulf Cooperation Council (GCC), Southeast...

UAE signs agreements with Arab countries on double taxation avoidance

The UAE Ministry of Finance signed agreements related to the encouragement and protection of investments and double taxation avoidance, with Kuwait and Bahrain, and...

Khalifa Fund for Enterprise Development empowers 10 Emirati F&B businesses at Gulfood 2024

Khalifa Fund for Enterprise Development has announced its support for 10 UAE-based businesses owned and operated by Emirati entrepreneurs during the upcoming Gulfood 2024,...

Mohammed bin Rashid meets with IMF Managing Director ahead of WGS 2024

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Kristalina Georgieva,...

Crypto Miner Phoenix Group Reports 50% Jump in Net Income

UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following...

Tabreed registers AED2.4 billion in 2023 revenues; up 9% YoY

Tabreed, the UAE’s leading international district cooling company, today released its consolidated financial results for the year 2023, reporting a revenue of AED 2.4...

SALAMA records full-year revenue of AED 1.11 billion; achieves 20% revenue growth in 2023

Islamic Arab Insurance Company, listed as (SALAMA) on DFM, announced its preliminary results for the 2023 fiscal year. The company recorded insurance revenue of...

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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...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...