Abu Dhabi Commercial Bank (ADCB) announced record profit before tax of Dhs7.607 billion for the first half of this year, up 28 per cent compared with the same period last year.The bank also recorded profit before tax of Dhs3.826 billion in the second quarter, an…
Investopia launched a new edition of the ‘Investopia Dialogues’ on Thursday in Ahmedabad, Gujarat, marking its fifth consecutive edition in India. The event brought together over 500 leaders, senior officials, investors, and entrepreneurs from the UAE and India. The dialogues aim to strengthen bilateral economic…
The Ministry of Human Resources and Emiratisation (MoHRE) has issued a guide clarifying the procedures currently in force for linking the issuance and renewal of certain work permits to the requirement for a valid health insurance policy, without introducing any new obligations on employers.The new…
The completion rate for Sharjah’s Al Taawun Square development project has reached between 15 per cent and 20 per cent. The integrated strategic project is aimed at enhancing traffic flow and improving connectivity between the main axes within the emirate and with neighbouring emirates with…
The UAE maintained its global leadership in the 2026 Passport Index issued by Arton Capital after the UAE passport ranked first globally as the most powerful in terms of freedom of movement, surpassing the passports of major countries such as France, Spain, Singapore and Belgium.According…
A quiet but consequential shift is underway in the world’s central bank vaults, and it’s one that UAE investors are increasingly positioned to benefit from.Central banks have purchased more than 1,000 tonnes of gold annually for three consecutive years, a pace roughly double the pre-2022…
Masdar City Free Zone (MCFZ) has opened two new representative offices in China, in Shanghai and Shenzhen, bringing its total presence in the country to three offices within a year, as the free zone looks to deepen ties with Chinese companies expanding into the Gulf.The…
Etihad Airways and Air Peace, Nigeria’s largest airline, have signed an interline agreement that connects the two carriers’ networks, opening 20 destinations across Nigeria, West and Central Africa to Etihad’s guests.Under the agreement, Etihad guests will be able to travel on a single ticket beyond…
His Highness Sheikh Hamad Bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, received Essa Kazim, Chairman of DP World, and his accompanying delegation at Al Rumaila Palace in the presence of Sheikh Mohammed Bin Hamad Bin Mohammed Al Sharqi, Crown Prince of…
Sheikha Lubna Bint Khalid Al Qasimi, Vice Chairperson of the Board of Trustees of Kalimat Foundation, led a joint visit by the Foundation and the UAE Board on Books for Young People (UAEBBY) to Emirates Humanitarian City in Abu Dhabi. The visit formed part of a…