Ajman’s Economy Redefines Competition: Efficiency Triumphs Over Size
The year 2025 marked a significant turning point for Ajman Bank, achieving its strongest financial results to date. The bank reported a pre-tax net profit of 548 million dirhams, reflecting a 25% annual growth, while total revenues rose to...
Digital Storage: Where Do Emiratis Keep Their Data
In light of World Backup Day, Kaspersky has highlighted common patterns in personal data storage and provided practical tips for enhancing their security.The findings reveal that Generation Z and Millennials are predominantly shifting towards digital storage, whereas about one-third...
Dubai Establishes Itself as a Global Hub for Investment and Business
Dubai has solidified its status as one of the most attractive global hubs for investment and business, thanks to its open economic framework that fosters a secure and inclusive work environment. This approach draws talents and capital from diverse...
Economic Activities: A Strategic Move to Boost Liquidity and Alleviate Operational Burdens
Economic activities welcomed the recent decisions approved by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Head of the Executive Council of the Emirate of Dubai....
Global Holding Acquires 41.5% Stake in Saman Capital for One Billion Dollars
The International Holding Company announced on Tuesday that it has secured all regulatory approvals necessary to acquire approximately 41.5% of Suman Capital Limited, valued at nearly one billion dollars, after accounting for all convertible instruments.The acquisition will take place...
Fuel Price Hike in the UAE Set for April
The price monitoring committee has approved an increase in fuel derivatives for April 2026. The committee agreed to raise gasoline prices by 80 fils, while diesel will see a hike of 1.97 dirhams per liter compared to March 2026...
Al Ansari Shareholders Approve Distribution of 297 Million Dirhams for 2025 Profits
Financial AnnouncementAl Ansari Financial Services has announced that its shareholders have endorsed the board's recommendation to distribute a total cash dividend of AED 297 million (equivalent to 4 fils per share) for the fiscal year ending December 31, 2025....
Alek Approves Distribution of 250 Million Dirhams in Profits for 2025
Alek Holding Company recently held its annual general assembly meeting, marking a significant milestone as it was the first such meeting since its historic listing in the fourth quarter of 2025. The gathering saw a strong turnout from shareholders...
Emaar Development Approves Distribution of 4 Billion Dirhams in Cash Dividends
Emaar Development held its annual general meeting, where the Board of Directors presented the company's financial performance for the year 2025 and discussed its strategic direction for the upcoming period.
During the meeting, shareholders approved the Board's proposal to distribute...
Continuing the Implementation of Major Strategic Projects
Dr. Khalifa Saif Al-Muhairi, Chairman of the Gulf Arab Investment Group, has expressed confidence that the economy of the UAE will overcome current challenges. He anticipates that financial markets will regain positive momentum and perform more vigorously than before....