Browsing: Business

Al Maryah Community Bank, UAE’s first fully integrated digital bank, has announced the completion of its pragmatic architectural design of technology platform which is infused with an artificial intelligence capability that will lead to the complete transformation of digital banking,

Abu Dhabi Airports and Masdar have announced the completion of Abu Dhabi’s largest solar-powered car park, which will save 5,300 tonnes of carbon dioxide per year. The three-megawatt (MW) solar photovoltaic (PV) project is installed on the car shading at

The real estate and properties transactions valued at AED 4.1 billion in total during the week ending 20 May 2021, according to Dubai Land Department (DLD). The sum of transactions was 1,562. 120 plots were sold for AED 874.43 million,

The FDI inflows to the UAE grew 44.2 percent in 2020 to $19.88 billion as compared to 2019, despite the fallout of the COVID-19 pandemic which has taken its toll on the global economy, according to a report by the

The Danish Government has confirmed its official participation in Expo 2020 Dubai, partnering the Danish Business Council at the six-month global gathering. The participation was confirmed by Danish Ambassador Franz-Michael Mellbin, who has been appointed Commissioner General for Denmark at

At the invitation of the President of the European Council Charles Michel, Indian Prime Minister Narendra Modi participated in the India-EU Leaders’ Meeting. The meeting was held in a hybrid format with the participation of leaders of all the 27

Bahrain Chamber of Commerce and Industry revealed its members are anticipating a $2.9 billion surge in spending once the King Fahd Causeway re-opens on 17 May based on tourist spending habits from 2019. This comes after Saudi Arabia announced it

The Dubai Opera will host its first hologram event of the late celebrated Egyptian singer Abdel Halim Hafez who will take to the stage on 13 and 14 May during Dubai’s Eid al-Fitr festivities. Dubai Festivals and Retail Establishment announced in cooperation

Renewable & Clean Energy will debut as the theme for Middle East Energy’s inaugural virtual focus week on 17 May 2021, as research from Informa Markets revealed 83 GW of renewable and clean energy capacity, mainly solar and wind power,

Abu Dhabi Islamic Bank (ADIB) said its Q1 2021 net profit surged by 125 percent to AED608 million compared to AED 270 million in Q1 2020, and up 26 percent against Q4 2020. The growth in net profits reflects the