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
The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW
The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1
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
The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia
A sustained rebound in leisure travel is pushing hospitality brands to look at expanding their footprint
The developer’s group property sales, rose by 14 per cent to Dhs20.2bn
The agreement marked the high point of Turkey’s President Recep Tayyip Erdogan’s recent visit to the Middle East
The budget carrier flew more than 3.8 million passengers between April and June
More than 100,000 customers have availed residency services and completed medical tests across Smart Salem’s three centres over the past 12 months
The property is being developed to combine the comforts of a home and the convenience of a hotel and easy access to Saadiyat Island’s attractions
The Asia Pacific region is amongst the main international markets for the company due to its popular solutions, which includes Thuraya’s MarineStar
The Abu Dhabi-based hypermarket chain is realigning its capital structure before a possible listing in 2024 after delaying those plans this year
For the first six months of 2023, the utility giant reported a net profit of Dhs2.7bn
The banking group has closed senior financing transactions worth more than GBP650m over the past five years
The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists
The partnership expands Abu Dhabi’s global connectivity through daily flights to Paris
It attributed the drop in net profit to predominantly lowered remittance margins, higher costs as well as an increase in financing costs
The entire area of Dubai Municipality’s public parks and recreational facilities spans 13 million square metres
The customs authority has increased the number of inspectors working on shifts, deployed scanners, and advocated for the use of its proprietary app
The ministry has an effective smart inspection system and conducts regular field visits to companies employing Emirati citizens
The emirate saw an increase in e-hailing of taxis, smart car rentals, and Hala Taxi services which drove the growth of the sector
MBRSG will extend academic assistance to the ministry’s personnel, along with introducing creative training initiatives and research schemes
The administrative sanctions are the result of findings which revealed serious regulatory misconduct
The chamber held meetings with multinationals, SMEs, startups and scale-ups during the first half of the year to showcase Dubai’s growth potential
The importance of joint action to ensure peace and stability in the Middle East was discussed at the meet
The airline represents a diverse team of over 140 nationalities with 130 languages spoken
The project’s financing will reduce energy import dependency, stimulate economic activities, develop existing industries and create job opportunities for the population
The agency served 100 distinguished events in the first half of the year, including 35 exhibitions, three conferences, 21 diverse public and entertainment events
The new Galaxy Watch6 series provides personalised health guidance, design upgrades and an enhanced mobile experience