Spinneys approves interim dividend of AED103 million for H1-24

Spinneys today announced its financial results for the six-month period ending 30th June 2024. First-half revenues reached a record high of AED1.6 billion, increasing by 9.9% year-on-year, with a profit of AED146 million, up 15.2%. In a statement on Thursday, Spinneys said it will pay its first post-IPO interim dividend of AED102.6 million, equivalent to […]Read More

Abu Dhabi sees 102% growth in documented residential rental contracts

Abu Dhabi recorded a significant increase in documented residential rental contracts during the first half of 2024, with 49,135 contracts registered. This marks an increase of 24,811 contracts compared to the same period in 2023, reflecting a 102% year-on-year growth. According to data from the Statistics Centre—Abu Dhabi, Abu Dhabi alone accounted for 43,985 of […]Read More

UAE, Morocco finalise terms of Comprehensive Economic Partnership Agreement

The United Arab Emirates and the Kingdom of Morocco have finalised the terms of a Comprehensive Economic Partnership Agreement (CEPA) that will launch a new chapter of mutually beneficial trade and investment ties between the two countries. The conclusion of negotiations was confirmed by the signing of a joint statement by Dr. Thani bin Ahmed […]Read More

3 Pilot Robots Launched to Deliver Products in Dubai’s Sustainable

The Sustainable City in Dubai, the region’s first fully sustainable community, in collaboration with Dubai Future Labs and Life Global, has announced the launch of three self-driving robots to deliver products from restaurants and shops to residents in the area. The move is part of the Sustainable City’s Living Lab initiatives, which are testing the […]Read More

Barraquer Eye Hospital: For all your vision needs

Dr. Alina Mugnani, Specialist Ophthalmologist at Barraquer Eye Hospital talks in detail about the Lazy Eye syndrome which could be an indicator of the onset of vision impairment in you. According to Dr. Alina Mugnani, Specialist Ophthalmologist from Barraquer Eye Hospital Dubai “ Lazy eye, a condition affecting millions worldwide (3% of the population), was […]Read More

Dubai South announces successful first-stage trials of autonomous vehicle

Dubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, announced the successful completion of the first stage of the UAE’s autonomous vehicle trials in partnership with Evocargo. The trials were carried out on a set route in a closed area of the Dubai South Logistics District. During the trials, Evocargo […]Read More

UAE participates in BRICS Tourism Ministers’ Meeting in Moscow

Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council, led the UAE delegation at the BRICS Tourism Ministers’ Meeting in Moscow. The meeting was chaired by the Russian Federation, which holds the BRICS 2024 Chairmanship under the theme “Strengthening Multilateralism for Just Global Development and Security.” The meeting focused […]Read More

Mohammed bin Rashid meets with senior officials of Emirates Airline

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, met with senior officials of Emirates Airline and Group at the Union House in Dubai. The meeting was held in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime […]Read More