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Sharjah Islamic Bank General Assembly Approves 20% Cash Dividend and Capital Increase
His Excellency Abdulrahman bin Mohammed Al Owais, Chairman of the Board of Directors of Sharjah Islamic Bank, led the bank's annual general assembly meeting, held both in-person at the Sharjah Chamber of Commerce and Industry and electronically. During this...
Technical Collaboration to Enhance Advanced Computing and Academic Research in the UAE
Ankabut, a provider of networking and cloud computing services for the education sector in the UAE, has announced a Memorandum of Understanding with Dell Technologies aimed at fostering technological innovation within the educational sector of the country. The agreement...
$100 Billion Restaurant and Cafe Services Market in the UAE by 2026
The month of Ramadan serves as a remarkable period for the café and restaurant sector in the UAE, witnessing an increase in family spending and customer flow by between 20% to 40%, according to a survey conducted by the...
UAE Stocks Rebound Sharply as Dubai Market Surges by 3%
The stock markets in the UAE experienced a rebound approximately 40 minutes into Tuesday's trading session, recovering after an initial decline. This upswing was driven by improved performances of several stocks, marking the first gains since February 26, 2026,...
Yalla Group’s Revenue of 1.26 Billion Dirhams in 2025 Boosts Its Annual Profitability
Yalla Group Limited, based in the UAE and the owner of the largest social media and gaming platform in the Middle East and North Africa, has revealed its unaudited financial results for the fiscal year ending December 31, 2025,...
Ministry of Economy and Tourism Strengthens Oversight Efforts on Retail Outlets Nationwide
The Ministry of Economy and Tourism has announced an enhancement of its monitoring efforts across retail outlets throughout the nation, aiming to ensure the stability of prices for goods and products and their sufficient availability to meet consumer demand,...
Ruwad Strengthens Financing Policies to Support Citizen Entrepreneurs and Ensure Project Sustainability
The Project Financing Committee of the Sharjah Entrepreneurship Support Foundation, known as "Ro’da," recently convened for its 41st meeting at the headquarters of the Sharjah Economic Development Department. The meeting was led by Hamad Ali Abdullah Al Mahmoud, the...
Union Cooperative Affirms Stability of Supply Chains and Ongoing Availability of Essential Goods
The CEO of the Union Coop, Mohammed Al Hashimi, stated that the cooperative's strategic stock is in a reassuring condition and adequately meets consumer needs for extended periods. He noted that operational processes and supply chains are functioning normally...
Abu Dhabi Customs Warns About Fraudulent Text Messages Impersonating Shipping Companies
The Abu Dhabi Customs Authority has issued a warning regarding fraudulent text messages circulated through SMS and iMessage that impersonate its organization or various shipping companies. The public and users are urged to refrain from engaging with these messages...
Edge Group Unveils First Corvette Ship in Its Class for the Angolan Navy
Edge Group, a leading global company in advanced technology and defense, has officially launched the first of its kind (FOC) corvette, named "NRA Ekuikui II," which is part of a strategic contract worth €1 billion for the Angolan navy.The...