18.3 Million Dirhams Profit for “Balmz” in the First Quarter
Palms Sports has experienced positive performance since the beginning of 2026, reporting revenues of 290 million dirhams in the first quarter, up from 276 million dirhams during the same period in 2025.Operating profits increased to 36.6 million dirhams, compared...
Economy Urges Immediate Cessation of Flying Tiger Cup Usage
In an effort to ensure product safety in the market, the Ministry of Economy and Tourism has urged all consumers to immediately cease the use of 220 ml glass cups from the Flying Tiger brand (specific figures mentioned in...
Sultan Al Jaber Praises Shah Field Teams: Unforgettable Heroes… Our Resolve Is Strong and We Will Emergence Stronger
Dr. Sultan Ahmed Al Jaber, the Minister of Industry and Advanced Technology, as well as the Managing Director and CEO of ADNOC and its group of companies, praised the employees at the Shah field, recognizing their dedication and commitment...
Central Bank of the UAE Assets Exceed 1.058 Trillion Dirhams by the End of Q1
The Central Bank of the UAE has reported a significant financial performance, with its assets growing by 10.1% year-on-year, reaching a cumulative total of over AED 1.068 trillion by the end of March 2026. This is an increase from...
Ajman Finance Organizes Workshop on Financial Planning and Budget Preparation Procedures
The Department of Finance in Ajman recently organized a workshop titled “Financial Circulars and Procedures for Preparing the Financial Plan and General Budget.” The event targeted budget preparation officials, human resources personnel, project management representatives, and technical requirements staff...
Emirates Global Aluminium Acquires 80% Stake in Italian Eco Green
The Global Aluminum Company of the UAE has announced its intention to acquire an 80% stake in the Italian aluminum recycling firm, Eco Green.This acquisition represents the latest move in the company's strategic plan to expand its global footprint...
UAE and South Korea Partnership Launches on May First
The Dubai Customs has announced Customs Declaration No. (09/2026) regarding the implementation of the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Republic of Korea. This decision is based on the federal decree related to...
Collaboration Between “Dubai South” and “Emirates NBD” to Support the Business Community
Dubai South, a significant urban development focused on aviation, logistics, and real estate sectors, has entered into a strategic cooperation agreement with Emirates NBD, a leading banking group in the Middle East, North Africa, and Turkey. This collaboration aims...
UAE Stocks Boost Their Rise as Dubai Market Exceeds 5890 Points Again
The local financial markets experienced an upswing at the start of trading on Wednesday, marking the midweek session. The Dubai index increased by 0.28%, reaching above 5,894 points, while the Abu Dhabi market rose by 0.19%, hitting 9,879 points.
In...
Mohammed Bin Zayed Meets Chairman of BlackRock
His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, met with Larry Fink, the Chairman and CEO of BlackRock.The discussion covered various topics of mutual interest, particularly focusing on developments in global markets, as well as...