11 Shawwal 1445 - 20 April 2024
    
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Eye of Dubai

Amlak Finance announces 2023 full-year financial results
Business & Money | Saturday 6 April, 2024 7:17 am
Amlak Finance PJSC today announced its full-year financial results for the year ended December 31, 2023. The company focused on prudently managing its UAE operations and balance sheet. Amlak reported a net profit of AED 259 million for the year ended 31 December 2023 as compared to a net profit of...
dans wins Best Entity in Digital Enablement Award
Business & Money | Saturday 6 April, 2024 7:16 am
 Dubai Air Navigation Services (dans), the provider of air navigation services and air traffic control for Dubai and the Northern Emirates, has won the ‘Best Entity in Digital Enablement Award’ during the Dubai Government Excellence Program (DGEP) Award Ceremony at the Dubai World Trade...
Department of Community Development, In Collaboration With Department of Economic Development, Launches Awareness Campaign for Restaurants on Iftar Meal Distribution Procedures
Business & Money | Saturday 6 April, 2024 7:15 am
The Department of Community Development - Abu Dhabi, in cooperation with the Department of Economic Development, implemented an awareness campaign for restaurants in Abu Dhabi to clarify procedures for distributing iftar meals. This was done to ensure restaurants adhere to best practices and the...
ENOC Group supports nearly seven million beneficiaries through CSR initiatives in five years
Business & Money | Saturday 6 April, 2024 7:13 am
ENOC Group, the leading integrated global energy player, has contributed AED 9,839,219 towards its CSR initiatives largely focused on youth development, education and upskilling, health and supporting the less privileged communities during the Holy month of Ramadan. These initiatives benefitted...
DETASAD & LG Announce a Strategic partnership  to Drive Technological Innovation in Saudi Arabia
Business & Money | Saturday 6 April, 2024 7:11 am
In a significant move to bolster the technological framework within Saudi Arabia, DETECON AL SAUDIA DETASAD CO. LTD. (DETASAD), a prominent corporation in Saudi, and LG Electronics, are proud to announce the expansion of their Strategic partnership Agreement that serves as a foundation for their...
FTA urges business sectors to keep pace with ‘Zero Government Bureaucracy Programme’
Business & Money | Friday 5 April, 2024 4:54 am
The Federal Tax Authority (FTA) has called on business sectors to share their ideas and proposals for sustainably developing the Authority’s services; keeping pace with the Zero Government Bureaucracy Programme launched by the UAE Government; and boosting efficiency, quality, and flexibility,...
Sanad announces second cohort of Future Leaders Programme to foster future aerospace leaders
Business & Money | Friday 5 April, 2024 4:51 am
Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), announced a collaboration with Embry-Riddle Aeronautical University, one of the world's most respected universities specializing in...
EDB boosts industrial GDP impact, reaching AED10.4 billion in total funding since 2021
Business & Money | Friday 5 April, 2024 4:49 am
Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, has unveiled a record increase in total financing since the launch of EDB’s strategy in 2021 to AED10.4 billion, bringing its cumulative contribution to the nation’s...
Gulf consortium acquires 65% of Aster DM Healthcare’s GCC unit
Business & Money | Friday 5 April, 2024 4:30 am
Aster DM Healthcare Limited announced the separation of its business in the GCC and India into two independent entities.   Under the separation plan, a consortium led by Abu Dhabi Investment Council-backed private equity firm Fajr Capital acquired a 65% stake in Aster’s GCC arm....
5 investors, local firm fined SAR 44.9M on capital market violations
Business & Money | Friday 5 April, 2024 4:25 am
Five investors were convicted of violating the Capital Market Law and fined SAR 3.5 million. Four investors and a local company were ordered to pay SAR 41.4 million due to the illicit gains achieved in their investment portfolios, in addition to another portfolio.   The Appeal...
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