The financing is provided in cooperation with Standard Chartered Bank Abu Dhabi Exports Office has closed two green finance agreements with Angola, valued at Dhs445m ($121.3m). The financing is being provided in cooperation with Standard Chartered Bank. One deal, valued at...

Deimos is the smaller and outermost of Mars’ two natural satellites The UAE’s ‘Hope Probe’ is transitioning to a new orbit around Mars to study one of the red planet’s moons. The announcement was made on February 9, marking two years since the Hope Probe reached Mars, becoming the...

The revenue for 2022 rose by 12 per cent YoY to Dhs1.97bn due to a significant increase in new customers and the delivery of new built-to-suit projects Tecom Group announced a record 28 per cent YoY increase in net profit to Dhs725.62m for the financial year ended December 31 2022. The...

Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year Aldar reported a 35 per cent increase in net profit to Dhs3.1bn for the year ending December 31, 2022. The company’s revenue in 2022 rose to Dhs11.2bn, up 31 per cent YoY, it said in a statement....

The carrier will introduce two new routes from its hub in Abu Dhabi to Copenhagen in Denmark and Dusseldorf in Germany Etihad Cargo, the cargo and logistics arm of Etihad Airways, will offer increased capacity to the European market with the introduction of two new routes from its Abu...

DEWA’s annual consolidated revenue increased 15 per cent to Dhs27.35bn in 2022 Dubai Electricity and Water Authority has announced a consolidated net profit of Dhs8bn for 2022, increasing 22 per cent over the previous year. Dubai Electricity and Water Authority PJSC achieves...

MoHRE’s Tawasul system is the main access point for customers to inquire and file complaints related to labour market laws and regulations The Ministry of Human Resources and Emiratisation’s (MoHRE) Tawasul system processed more than 30 million interactions with customers in 2022,...

The three-year issue witnessed robust demand and was oversubscribed by 2.5 times Emirates Islamic has successfully priced its inaugural Dhs1bn dirham-denominated sukuk. The bank’s sukuk sale will expand financing options for UAE corporations with Sharia’a-compliant needs while...

The aim is to provide services supported by this technology and employ it in serving customers and employees Dubai Electricity and Water Authority (DEWA) has announced it is integrating ChatGPT technology from Microsoft to enhance its services. DEWA will be the first utility...

With the agreement, Etihad Cargo customers will benefit from additional cargo capacity out of Nairobi via the introduction of additional services from Nairobi to its hub in Abu Dhabi from April 1 Etihad Cargo has signed a memorandum of understanding (MoU) with Astral Aviation to expand...