DMCC partners with Qx Lab AI to enhance efficiency & productivity
Dubai Multi Commodities Centre (DMCC) has partnered with the Dubai-based artificial intelligence firm Qx Lab AI as it gears up to launch the DMCC AI Centre later this year. Through […]
Aquanow obtains VASP license from Dubai VARA
Aquanow, a leading crypto infrastructure provider, has been awarded Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license remains non-operational until the company fully […]
Emirates top brand in UAE, Saudia leads in KSA: YouGov
Emirates with an Index score of 60.7 has been picked as the top brand in the UAE by YouGov, while Saudia takes the crown in KSA with a score of […]
Emirates Steel Arkan FY 2023 net rises 18pc to $164m
Emirates Steel Arkan, one of the largest publicly traded steel and building materials manufacturers in the region, has said that its full year (FY) 2023 net profit rose 18% to […]
Rakez initiates business outreach in India
Ras Al Khaimah Economic Zone (Rakez) is engaged in a series of strategic business events in major Indian cities to strengthen economic ties and extend support to Indian investors exploring […]
Empower revenue soars to $824m in 2023; net profit up
Emirates Central Cooling Systems Corporation (Empower) has announced that it had registered its highest-ever revenue of AED3.03 billion ($824 million) for the fiscal year 2023, thus marking a significant growth […]
Aldar reports record 40% net profit on sales surge
Aldar Properties has reported a record surge in net profit for 2023, driven by new development sales and an expanded investment portfolio. In a statement released on February 9, Aldar […]
ADEX, Mashreq and ADCB to provide up to $100m to BGN
Abu Dhabi Exports Office (ADEX), Mashreq and Abu Dhabi Commercial Bank (ADCB), have signed a financing facility with BGN offering up to $100 million to facilitate the export of energy […]
SCCI, Oman Chamber seek to enhance investment ties
The Sharjah Chamber of Commerce and Industry and the Oman Chamber of Commerce and Industry branch in North Al Batinah Governorate, discussed ways of enhancing cooperation in the investment field […]
UAE-Kuwait in deal to eliminate double taxation
The UAE and Kuwait have signed an agreement that will eliminate double taxation on income and capital taxes, and that will help prevent tax evasion, a report said. Underscoring the […]
