Business & Money | Wednesday 13 November, 2024 11:43 am

du awarded prestigious ESG Label from Dubai Chamber of Commerce

du, the leading telecom and digital services provider, has been honoured with the Environmental, Social, and Governance (ESG) Label by the Dubai Chamber of Commerce in recognition of du’s commitment to integrating and leading sustainable business practices across the region. The ESG Label, from...

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Business & Money | Wednesday 13 November, 2024 11:13 am

AI at Work in the Middle East, High Confidence and Rapid Adoption Drive Regional Leadership

 The Middle East region is emerging as a global frontrunner in AI and GenAI adoption and confidence, according to Boston Consulting Group's (BCG) latest "AI at Work Friend and Foe" study. The survey reveals a significant shift in sentiments and usage patterns in the region over the past year,...

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Business & Money | Wednesday 13 November, 2024 10:45 am

DEWA reports highest top line results in history with a record first 9-month revenue of AED 23.5 billion and EBITDA of AED 11.8 billion

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first 9 month consolidated financial results for 2024, recording...

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Business & Money | Wednesday 13 November, 2024 10:33 am

Ministry of Health Saudi Arabia and Boehringer Ingelheim Partner to Raise Awareness on Interconnected Cardio-Renal-Metabolic Conditions in the Kingdom

 Boehringer Ingelheim, a leading research-driven biopharmaceutical company, signed a Memorandum of Understanding (MoU) with the Ministry of Health, Saudi Arabia, to raise awareness of the interconnectivity between cardio-renal-metabolic (CRM) conditions in efforts to help improve the lives of...

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Business & Money | Wednesday 13 November, 2024 10:25 am

University of Jeddah Hosts SAS Forecasting Hackathon, Showcasing Remarkable Female Leadership in AI

The SAS Forecasting Hackathon, held on November 4-5, 2024, and hosted by the University of Jeddah in collaboration with SAS, a global leader in analytics, was a resounding success. The event showcased exceptional student talent and innovation, with all three winning teams composed entirely of...

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Business & Money | Tuesday 12 November, 2024 10:18 am

Latifa bint Mohammed honours design pioneers shaping Dubai’s thriving creative ecosystem

H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture), honoured pioneering individuals and organisations in the design field whose dedication, innovation, and exceptional contributions have shaped Dubai’s thriving creative...

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Business & Money | Tuesday 12 November, 2024 10:16 am

Dubai Diamond Week opens with discussion on industry's future course

DMCC launched the Dubai Diamond Week with its flagship Dubai Diamond Conference (DDC), addressing key challenges in the diamond industry, such as a global price downturn, weak demand, competition from lab-grown diamonds, and shifting consumer preferences. Under the theme “Thriving Under...

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Business & Money | Tuesday 12 November, 2024 10:14 am

Flexible working hours, remote work policies cut morning peak travel time by 30% across Dubai

Following the approval of Dubai’s Traffic Flow Plan by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council, Dubai is implementing measures to enhance traffic efficiency and ease...

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Business & Money | Tuesday 12 November, 2024 9:07 am

UAE's diamond trade to hit $40 billion in 2024: Juma Al Kait

The UAE ranks third globally in the diamond trade after India and the United States, with a share of more than 15% of total international trade in this sector. Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, in statements to the Emirates News...

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Business & Money | Tuesday 12 November, 2024 9:05 am

Emaar Development records 66% increase in property sales during 9M 2024

Emaar Development, the UAE’s premier property development company specialising in build-to-sell assets and majority-owned by Emaar Properties, maintained strong momentum during the third quarter of 2024. Property sales rose by 66 percent to AED 48 billion (US$ 13.1 billion) during the first...

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