The UAE’s accession to the BRICS group has embodied its commitment to multilateralism and constructive dialogue, aiming to support development, prosperity, and wellbeing for nations worldwide. This move aligns with the UAE’s long-standing approach of building partnerships with countries, international organisations, and institutions to enhance the competitiveness and sustainability of its economy and explore new […]Read More
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 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
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
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, along with Infinity Power, the largest African renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused development and investment platform, have today signed a Land Access Agreement with the Egyptian Government for the consortium’s 10GW capacity onshore wind farm in […]Read More
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, marked a significant milestone today with the ground-breaking ceremony of the Immersive Tower by DIFC, the latest architectural landmark within the heart of Dubai’s financial district. The ceremony was held in the presence of Essa […]Read More
After firmly entrenching in himself in India Media mogul and media Strategist Vasu Jit Kalia is set to focus on adding value to Dubai celebrity PR and media scenario. In recognition of his efforts his efforts Bollywood Super Star Suneil Shetty acknowledged the work done by Vasu Jit Kalia at Saga Awards 2024 which were […]Read More
The UAE known for adapting path breaking innovations has seen rapid growth in cryptocurrency activities in last couple of years. It has attracted global players to set up their operations with its investor friendly policies. As per the latest figures available the Digital Economy Strategy aims to double the contribution of the digital economy to […]Read More
Under the patronage of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah, and presence of Abdulla Bin Touq Al Marri, Minister of Economy, the Sharjah Ramadan Majlis 2024 brought together business leaders, senior government officials, entrepreneurs, and change-makers, to the Sharjah Research Technology and Innovation Park (SRTIP) to collaboratively address how […]Read More
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the ministry is currently working on upgrading the UAE’s electric vehicle (EV) system adding new stations and entering into more partnerships with major global companies to boost the growth of the sector. “This will increase the number of electric vehicles used in the […]Read More
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