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190 Iron, Steel, and Metal Industries in Ajman by 2025
Mohammed Ali Al Janahi, the Acting Director General of the Ajman Chamber of Commerce, announced that by 2025, the number of steel and metal manufacturing facilities in Ajman is set to reach 190, reflecting a 28% increase in new...
Abu Dhabi National Insurance Approves Distribution of 47% Cash Dividends
The National Insurance Company of Abu Dhabi has approved a cash dividend of 47% (0.47 dirhams per share, totaling 267.9 million dirhams) for the fiscal year ending December 31, 2025, during the conclusion of its annual general meeting.Shareholders reviewed...
Oil Prices Make Their Way Back to $100
Oil prices surged sharply yesterday as Iran intensified its attacks on oil facilities and tankers in the Middle East, raising concerns about the prolonged duration of conflict and potential disruptions in crude oil flows through the Strait of Hormuz....
Empowering Gulf Women Through Financial Market Opportunities
The Dubai International Financial Centre's Innovation Hub, in collaboration with Capital.com, has introduced CapitalHer, a groundbreaking program aimed at empowering women in the UAE and the Gulf Cooperation Council (GCC) countries. The initiative seeks to equip women with the...
400 Experts and Officials Attend the International Tax Conference in Dubai
The Dubai Finance Authority, in collaboration with the International Tax Law and Policy Research Network (ITLRN), successfully concluded the fifth International Tax Conference, held at the Mohammed bin Rashid Library alongside the Global Government Summit.The theme of the conference,...
DB World Projects 7.2 Billion Dirhams in Profits by 2025 with a Growth of 32.2%
DP World announced remarkable financial results for 2025, reporting a revenue increase of 22%, reaching $24.4 billion (89.6 billion Dirhams). The adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) rose by 18% to $6.4 billion (24.5 billion Dirhams),...
Nakheel, Dubai Properties, and Meraas: Ongoing Operations and Customer Services Continue as Usual
Dubai-based companies Nakheel, Dubai Properties, and Meraas, all part of Dubai Holding’s property development arm, have announced that their sales centers, customer service operations, and ongoing construction activities will proceed as usual despite the current regional developments.In a unified...
Suhail Al-Mazrouei Reviews the Emergency Response System in Fujairah’s Oil Industry and Affirms Energy Supply Stability in the UAE
His Excellency Suhail Mohamed Faris Al Mazrouei, the Minister of Energy and Infrastructure, conducted an on-site visit to the Fujairah Oil Industrial Area, known as "FOWZ," to review the response measures related to a recent fire incident at one...
Data from “Bayut” and “Dubizzle” Highlights Market Resilience in the UAE
Recent data from the platforms "Bayut" and "Dubizzle" highlights the strength and resilience of the UAE markets, demonstrating their rapid recovery amid tensions in the Middle East.It was observed that the markets bounced back within days of an initial...
Do Launches a Strategic Partnership with Huawei
Du has announced the signing of a strategic memorandum of understanding with Huawei aimed at collaborating to accelerate the development of the advanced fifth-generation (5G+) network. This initiative seeks to deliver unprecedented communication experiences and services with speeds reaching...