UAE – Gulf Business https://gulfbusiness.com Mon, 14 Aug 2023 06:12:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png UAE – Gulf Business https://gulfbusiness.com 32 32 ADNIC reports net profit of Dhs204m in H1 2023 https://gulfbusiness.com/adnic-reports-net-profit-of-dh204-million-h1-2023/ https://gulfbusiness.com/adnic-reports-net-profit-of-dh204-million-h1-2023/#respond Mon, 14 Aug 2023 06:05:51 +0000 https://gulfbusiness.com/?p=264624 ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m

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DEWA selects Masdar to build phase 6 of Dubai solar park https://gulfbusiness.com/masdar-to-build-phase-6-of-dewas-solar-park/ https://gulfbusiness.com/masdar-to-build-phase-6-of-dewas-solar-park/#respond Sun, 13 Aug 2023 10:15:47 +0000 https://gulfbusiness.com/?p=264509 The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW

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Abu Dhabi revises hotel fees to boost hospitality sector https://gulfbusiness.com/abu-dhabi-revises-hotel-fees-to-boost-sector/ https://gulfbusiness.com/abu-dhabi-revises-hotel-fees-to-boost-sector/#respond Sun, 13 Aug 2023 06:34:47 +0000 https://gulfbusiness.com/?p=264580 The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1

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How AD Ports’ logistics cluster is supporting global trade https://gulfbusiness.com/how-ad-ports-is-accelerating-its-growth-strategy/ https://gulfbusiness.com/how-ad-ports-is-accelerating-its-growth-strategy/#respond Sun, 13 Aug 2023 06:00:32 +0000 https://gulfbusiness.com/?p=264481 Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations

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Julphar half-year revenues surge to Dhs859.4m on solid growth https://gulfbusiness.com/julphar-posts-dhs859-4m-in-h1-revenues-up-2-5/ https://gulfbusiness.com/julphar-posts-dhs859-4m-in-h1-revenues-up-2-5/#respond Sun, 13 Aug 2023 05:17:31 +0000 https://gulfbusiness.com/?p=264470 The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia

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Atlantis Dubai plots global expansion to cash in on travel boom https://gulfbusiness.com/atlantis-dubai-plots-expansion-due-to-travel-boom/ https://gulfbusiness.com/atlantis-dubai-plots-expansion-due-to-travel-boom/#respond Sun, 13 Aug 2023 05:00:23 +0000 https://gulfbusiness.com/?p=264447 A sustained rebound in leisure travel is pushing hospitality brands to look at expanding their footprint

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Emaar Properties posts Dhs4.9bn in H1 profit, up 15% https://gulfbusiness.com/emaar-properties-h1-profit-up-15-to-dhs4-9bn/ https://gulfbusiness.com/emaar-properties-h1-profit-up-15-to-dhs4-9bn/#respond Sat, 12 Aug 2023 16:57:13 +0000 https://gulfbusiness.com/?p=264455 The developer’s group property sales, rose by 14 per cent to Dhs20.2bn

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Turkey sees cash flow from $51bn UAE deal starting by end of this year https://gulfbusiness.com/turkey-cash-flow-51-billion-uae-deal-end-of-2023/ https://gulfbusiness.com/turkey-cash-flow-51-billion-uae-deal-end-of-2023/#respond Sat, 12 Aug 2023 08:00:37 +0000 https://gulfbusiness.com/?p=264451 The agreement marked the high point of Turkey's President Recep Tayyip Erdogan’s recent visit to the Middle East

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Air Arabia’s quarterly profit soars 187% to Dhs459m https://gulfbusiness.com/air-arabias-q2-2023-profit-up-187-to-dhs459m/ https://gulfbusiness.com/air-arabias-q2-2023-profit-up-187-to-dhs459m/#respond Fri, 11 Aug 2023 14:30:15 +0000 https://gulfbusiness.com/?p=264526 The budget carrier flew more than 3.8 million passengers between April and June

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Smart Salem, DIFC Services to expand UAE residence visa processing services https://gulfbusiness.com/smart-salem-difc-expands-uae-res-visa-services/ https://gulfbusiness.com/smart-salem-difc-expands-uae-res-visa-services/#respond Fri, 11 Aug 2023 11:00:32 +0000 https://gulfbusiness.com/?p=264452 More than 100,000 customers have availed residency services and completed medical tests across Smart Salem's three centres over the past 12 months

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