Mashreq Bank posted net profit after tax of Dhs4.048 billion during the first half of 2026, up 17 per cent compared with the same period last year.Profit attributable to the owners of the parent increased by 16 per cent to Dhs3.955 billion, while earnings per…
e& Group recorded strong growth in its consolidated revenue during the first six months of this year, reaching Dhs38.1 billion, an increase of 11.6 per cent compared with the same period last year.The positive momentum was reflected in the Group’s consolidated net profit, which reached…
ROX has taken another major step in strengthening its presence in the UAE with the opening of its first showroom in Abu Dhabi and the upcoming launch of its largest dedicated aftersales service centre in the country by August 15, both developed in partnership with…
Digital Dubai, through the Dubai Data and Statistics Establishment, announced that the population of the Emirate of Dubai reached 4.58 million by the end of 2025, an increase of around 332,000 people compared with the end of 2024 and a growth rate of 7.5 per…
UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan arrived in Belgrade on a working visit to the Republic of Serbia. Serbian President Aleksandar Vučić welcomed His Highness upon arrival at Belgrade Nikola Tesla Airport. Accompanying His Highness are Sheikh Hamdan Bin Mohamed Bin Zayed Al…
The Sharjah Investment and Development Authority (Shurooq) has announced the next phase of its summer programme, headlined by seven weeks of beach fitness and wellness activities at Al Heera Beach and Khorfakkan Beach, as well as a range of family-friendly experiences across a number of…
Abu Dhabi National Energy Company PJSC (TAQA) on Thursday announced the successful issuance of a US$750 million Blue Bond to finance sustainable water and wastewater management projects.This marks the largest Blue Bond issued by an integrated power and water utility globally and the largest Blue…
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%.This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.The CBUAE has…
The Board of Directors of the UAE Capital Market Authority has approved the abolition of 15 fees following a comprehensive review of the authority’s fee framework.The decision is intended to simplify the fee structure, reduce costs, and improve the efficiency of services provided to licensed…
ADNOC Drilling Company PJSC delivered record second quarter (2Q) and first half (1H) 2026 revenue, driven by strong Oilfield Services (OFS) growth, disciplined execution and a highly contracted revenue base that provides strong earnings visibility.The company reported revenue of $2.46 billion, up 4 per cent…