His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, issued Council Resolution No. 30 of 2023, appointing Hadi Muhammad Taher Muhammad Badri, Executive Director of the Dubai Economic Development Corporation. His Highness also issued Resolution No. 31 of 2023, …
Read More »
Haitham Al-Subaihi, Acting Executive Director of Business Development and Promotion at the Abu Dhabi Investment Office, said that the office’s innovation program has so far succeeded in providing financial and non-financial support packages to nearly 50 local and international companies qualified to develop and expand their business in Abu Dhabi. …
Read More »
Abu Dhabi, May 10/ His Excellency Rashid Abdul Karim Al Balushi, Undersecretary of the Department of Economic Development in Abu Dhabi, confirmed that Abu Dhabi has succeeded in creating a competitive and flexible investment environment by launching a package of incentive initiatives, in order to enhance the emirate’s position on …
Read More »
Abu Dhabi, May 10 / The Central Bank of the United Arab Emirates revealed its annual report for the year 2022, in which it reviews the most important achievements and initiatives that enhance monetary and financial stability in the country, in addition to the projects and initiatives that were launched …
Read More »
Saeed Al Qatami, CEO of Deyaar Development, revealed that the company plans to enter the Abu Dhabi market, indicating that the company intends to announce new projects worth 3.5 billion dirhams during the second half of 2023, bringing the total value of projects under design and development to 6.7 billion …
Read More »
Abu Dhabi, May 9, “Barjeel” Holding announced that it achieved a net profit of 121.3 million dirhams, an increase of 43.4 percent year-on-year in the first quarter of this year, which indicates the improvement in the operational efficiency of the group and the strategic shift towards specialized and advanced services. …
Read More »
Abu Dhabi, May 9 / FertiGlobe, the strategic partnership between ADNOC and OCI Global, announced today that it achieved revenues during the first quarter of 2023 amounting to $ 694 million, and adjusted earnings before interest, tax, depreciation and amortization amounted to $ 297 million, Adjusted net profit amounted to …
Read More »
Travel traffic through Dubai International Airport continued to achieve outstanding results during the current year, as it received about 21.2 million passengers during the first quarter, bringing it closer to the travel indicators achieved during the same period in 2019 by 95.6%. This achievement comes after the impressive results achieved …
Read More »
Growth in Dubai’s non-oil economy accelerated to an eight-month high in April, the latest PMI data showed as sales and activity rose at faster rates, supported by a stronger decline in prices. The index indicated a strong improvement in business conditions, the strongest since January 2010. As costs stabilized and …
Read More »
Abu Dhabi, May 8 / Today, Al Yah Satellite Communications Company “Yahsat” announced its consolidated financial results for the first quarter of the year 2023 ending on March 31, 2023. The company maintained continuous growth in revenues, EBITDA, and net income, by 2%, 4% and 35%, respectively, on an annual …
Read More »
Media ININ Economy We Trust