Business & Money | Sunday 5 May, 2024 9:35 am

Emirates NBD gears up to accelerate financial innovation at second edition of Dubai FinTech Summit

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, will be marking its presence, as the Founding Partner and Premium Banking Partner, at the upcoming second edition of Dubai FinTech Summit (DFS), cementing its ongoing commitment to spearheading...

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Business & Money | Sunday 5 May, 2024 9:14 am

Chinese business owners explore investment opportunities in Ras Al Khaimah

A group of 34 Chinese business owners recently visited Ras Al Khaimah to explore the dynamic business environment and investment opportunities within Ras Al Khaimah Economic Zone (RAKEZ). During their visit, the group toured the state-of-the-art facilities of U-PAK and Mabani Steel in...

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Business & Money | Sunday 5 May, 2024 9:09 am

NMDC Group Announces Financial Results for Q1 2024, Reporting 112% Surge in Net Profits

NMDC Group,  a global leader in engineering, procurement, construction, and marine dredging (Abu Dhabi Securities Exchange: NMDC), has announced its financial results for the first quarter of 2024 (Q1 2024), reporting a 67% growth in revenues and a 112% surge in net profits compared to the...

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Business & Money | Sunday 5 May, 2024 9:01 am

Economy Middle East Summit 2024 Highlights Economic Growth Prospects of MENA Region

The Economy Middle East Summit 2024 convened high-profile leaders at Abu Dhabi Global Market to share insights on “Accelerating Future Growth ” of the MENA region. The event brought together top-tier attendees including UAE Minister of Economy H.E. Abdulla Bin Touq Al-Marri. Salem Al...

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Business & Money | Sunday 5 May, 2024 8:55 am

Esports World Cup and Barn’s Coffee Partner for Historic Esports Event

The Esports World Cup Foundation (“EWCF”) and Barn’s Coffee (“Barn’s”) are set to stir up the gaming world with a partnership poised to make history at the inaugural Esports World Cup in Riyadh, Saudi Arabia this summer. As the exclusive coffee brand of EWC, Barn’s is brewing...

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Business & Money | Friday 3 May, 2024 3:38 pm

Ortac International Accounting Opens Dubai Office

Dubai's removal from the gray list in February 2024 further enhances its appeal, increasing operational ease for foreign entities and facilitating global business expansion, the region has become an appealing destination for Turkish enterprises. The surge in foreign trade is underscored by the...

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Business & Money | Friday 3 May, 2024 1:00 pm

NMDC Group reports 112% surge in Q1 2024 net profits

NMDC Group has announced its financial results for the first quarter of 2024 (Q1 2024), reporting a 67% growth in revenues and a 112% surge in net profits compared to the same period last year. In addition, NMDC Group announced the launch of new projects and the commencement of strategic...

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Business & Money | Friday 3 May, 2024 12:58 pm

DFM, SIX forge strategic partnership to market accessibility

Dubai Financial Market (DFM) and SIX, the Swiss Financial Market Infrastructure Group, announced the signing of a collaboration agreement during the second edition of the Capital Market Summit. The partnership underscores a shared commitment to exploring and implementing collaborative...

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Business & Money | Friday 3 May, 2024 12:18 am

WSM inks SAR 2.2M contract with King Abdulaziz Royal Reserve

WSM for Information Technology Co. signed a contract worth SAR 2.2 million (VAT included) to build, develop, and manage a website and mobile application for King Abdulaziz Royal Reserve. In a statement to Tadawul, WSM pointed out that the duration of the contract is 24 months from the...

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Business & Money | Thursday 2 May, 2024 10:12 am

Ministry finances up to 75% of industrial projects: Alkhorayef

Minister of Industry and Mineral Resources, Bandar Alkhorayef, said that the Kingdom provides financing of up to 75% of the value of quality industrial projects. According to the Ministry’s statement, during the meeting organized by the Qatari Businessmen Association in Doha with a number of ...

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