Production

ABU DHABI, Emirates Steel Arkan, a prominent publicly traded steel and building materials company in the UAE, today announced that its net profit rose to AED 508.5 million in 2022. The rise in profit was boosted by strong demand from international cus…

RAS AL KHAIMAH, Ras Al Khaimah Economic Zone (RAKEZ) signed a Memorandum of Understanding (MoU) with Ras Al Khaimah Public Works Department (RAKPSD) to support the rollout of electronic Aber toll gate systems, which will regularise the movement of goo…

DUBAI, Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has organised a high-level Gig Economy Industry Workshop, designed to bring key players, investors and related parties together to discuss the future of …

Despite challenging global macroeconomic and capital market conditions, Waha Capital delivered strong financial and operational performance. Full-year revenue stood at AED 720 million, while operating expenses were AED 174 million.Waha Capital performe…

Under the patronage of Dubai Land Department (DLD), the 19th edition of the International Property Show (IPS 2023), the largest property platform in the Middle East for local and global markets, will take place from 12 – 14 February. IPS 2023 will show…

Burjeel Holdings PJSC, a leading Healthcare Services Provider in the UAE and MENA listed on the Abu Dhabi Securities Exchange, today reported net profit of AED355 million, up 52% from the prior year, demonstrating the Group’s ability to deliver on its …

A total of 2,785 real estate transactions worth AED 10.3 billion were conducted during the week ending 10th February, 2023, according to figures released by the Dubai Land Department (DLD).The DLD report revealed that 311 plots were sold for AED 2 bill…

The Emirates Institute for Banking and Financial Studies (EIBFS) has announced the completion of successful training of over 35,000 professionals working in the country’s banking and financial sector in the fiscal year 2022.Over 13,600 UAE nationals re…