RAK Ceramics FY 2023 net profit up 3.7pc to $87.4m
RAK Ceramics, one of the largest ceramics lifestyle solutions providers in the world, has seen its 2023 net profit rise 3.7% to AED320.9 million, but its revenue declined 1.7% to […]
Dubai Chamber to back global expansion of UAE entrepreneurs
Dubai International Chamber has held a meeting with UAE entrepreneurs to showcase the chamber’s numerous bespoke programmes aimed at supporting the global expansion of UAE businesses. The meeting, which was […]
DMCC sees 10pc surge in US companies in 2023
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – successfully concluded its most recent Made for Trade Live tour of the […]
OECD’s free zone tax review ‘to boost UAE’s competitiveness’
The UAE Ministry of Finance has announced that the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the country’s Free […]
Aramex Q4 2023 net profit doubles to $21m
Aramex, a leading global provider of logistics and transportation solutions has seen its fourth-quarter (Q4) 2023 net profit more than doubled to AED77 million ($21 million) compared to Q4 2022, […]
UAE’s first integrated battery recycling plant unveiled
Dubatt Battery Recycling’s fully integrated battery recycling plant – the first of its kind in the UAE – has been inaugurated at Dubai Industrial City. Dubatt signed a musataha agreement […]
Integrated Transport Centre strikes MoU with Einride AB
The Department of Municipalities at the Integrated Transport Centre has signed a memorandum of understanding (MoU) with Einride AB for mutual collaboration in the transition to the use of electricity […]
Ras Al Khaimah to host renowned scientists at IWAM
His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, will attend the opening of the 15th International Workshop on Advanced Materials […]
In numbers: Dubai real estate registers best-ever performance in 2023
The year 2023 was a landmark year for Dubai’s real estate sector. The Dubai Land Department (DLD) marked its strongest performance ever with 1.6 million transactions (from real estate transactions to rental […]
ADNEC Group’s economic contributions in 2023 tops Dhs7.4bn
UAE’s ADNEC Group said its economic contributions to Abu Dhabi and the UAE surged by 107 per cent to reach Dhs7.37bn in 2023 from Dhs3.56bn a year ago, the largest […]
