Latest News
Israeli Drones Fly at Low Altitude Over Beirut
President Aoun Issues Decree on Judicial Appointments and Transfers
Netanyahu Cancels Likud Party Events Following West Bank Attack
Ajman DED, Ruya Bank sign agreement to attract national, foreign investments
AJMAN: The Department of Economic Development in Ajman (Ajman DED) signed a cooperation agreement today with Ruya Islamic Bank, with a view to enhancing the attractive investment environment to attract national and foreign investments.
The agreement …
Abu Dhabi’s AI sector booms with 41.3% annual surge in new companies
ABU DHABI: The Abu Dhabi Chamber of Commerce and Industry reported that it registered over 400 AI companies in Abu Dhabi by the end of the second quarter of 2024, showcasing a rapid growth and increasing interest in AI and its applications in the Emir…
China achieves historic leap in building national strength over 75 years: Report
Beijing: China has registered rapid economic growth over the past 75 years since the founding of the People’s Republic of China (PRC) in 1949, with significant increases in national economic strength and per capita GDP, according to a report released …
Dubai South awards AED150 million construction contract for ‘South Living’ project
Dubai: Dubai South Properties has announced the appointment of Al Turath Al Aseel Contracting for an AED150 million contract towards the construction of South Living Tower, a luxury apartment development at The Residential District in Dubai South.
Th…
ADQ establishes Q Mobility to enhance transportation services in Abu Dhabi
Abu dhabi: ADQ, an Abu Dhabi-based investment and holding company, has established Q Mobility to enhance transportation services through smart mobility solutions, focusing on providing sustainable and integrated solutions that support the Emirate’s gr…
China’s foreign trade up 6% in first 8 months
Beijing: China’s total goods imports and exports expanded 6 percent year-on-year in yuan terms in the first eight months of this year, Xinhua News Agency reported, citing official data on Tuesday.
The country’s exports rose 6.9 percent year-on-year i…
UAE emerges as key player in global development, strengthens role in China’s Belt and Road Initiative
Abu dhabi: The United Arab Emirates has emerged as a key player in regional and global development, driven by its visionary leadership, strategic location, and favourable business climate.
This established the country as an influential economic force…
UAE-India Business Forum kicks off in Mumbai
Mumbai: The India-UAE Business Forum opened today in Mumbai under the theme ‘Beyond CEPA: Innovation and Future-Ready Economies’.
The forum will focus on the potential of healthcare, biotechnology, renewable energy, sustainability, AI, logistics and …
Investcorp Capital approves $115 million in dividends for 2024
ABU DHABI: Investcorp Capital achieved a net profit of $105 million for the fiscal year ended on June 30, 2024, compared to $113 million in 2023.
Overall, the Company has approved a total of $115 million in dividends of which $60 million has been pai…
Statistics: A sharp decline in building permits by 34% during the second quarter of 2024
Ramallah – Ma’an – The Central Bureau of Statistics said that a sharp decline was recorded in building permits issued in Palestine by 34% during the second quarter of 2024, compared to the corresponding quarter of 2023, as a result of the ongoing Isra…
