ADIB in Q1 2021 net profits rise phenomenally to AED 608 million
Abu Dhabi Islamic Bank (ADIB) said its Q1 2021 net profit surged by 125 percent to AED608 million compared to AED 270 million in Q1...
Tag : Business
Dubai Food Tech Valley – a hub for modern farming techniques
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched the ‘Food Tech Valley’...
ADNOC L&S increases fleet size with new VLCC acquisitions
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), announced the acquisition of two additional...
UAE to boost Iraq’s economy with $3 billion investment
The UAE announced a $3 billion investment in Iraq in a fresh bid to strengthen the economic and investment relations between the two fraternal nations....
UAE – Iraq hold talks as Sheikh Mohamed meets Iraq PM
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Dr. Mustafa...
UAE sets bar high in the region with focus on vibrant industrial sector
When it comes to delivering on a future vision, the UAE has set the standard in the Middle East. His Highness Sheikh Mohammed bin Rashid...
Aldar announces mega re-development plans for Yas Mall
Aldar Investment announced an AED 500 million redevelopment plan for Yas Mall to reinforce the asset’s position as the centerpiece of Yas Island, Abu Dhabi’s...
CBUAE sells gold for first time in three years
For the first time in three years, the Central Bank of the UAE sold gold bullions worth AED1.7 billion in January 2021, bringing its gold...
Crypto businesses can set up at DMCC in Dubai
DMCC – the flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - has entered into a memorandum of understanding (MoU)...
MENA Oil and Gas Summit to explore digital transformation
The MENA Oil and Gas Technology Summit, a one day virtual event hosted by MEED, will take place on Wednesday, 24 March 2021, bringing together...