UAE telecom giant e& reports 20% growth in Q3 net profit
As of Q3, e&'s subscribers had reached 14 million, representing a 4.7% increase from the same period last year...
Tag : UAE
Start-up of the Week: Al Etihad Payments empowering safe, easy and secure transactions
Al Etihad Payments is the national payments entity created in 2023 as part of the National Payment Systems Strategy to develop and operate best-in-class financial markets infrastructure for the UAE...
UAE IPOs shine despite global setbacks
The UAE and Saudi Arabia are now playing a significant role in the IPO market, thereby collectively raising USD 7.35 billion from 35 IPOs...
IMF predicts robust growth for the UAE economy, driven by oil revenues
Over the medium term, increasing non-oil revenue will be supported by the gradual implementation of a corporate income tax, which started in June 2023...
Through eVTOLs and autonomous vehicles, UAE to make its urban transportation ‘smart’
Grand View Research projects that by 2030, there will be a need for more than 3.1 million autonomous vehicles and that the industry will grow at a CAGR of 53.6% between 2022 and 2030...
Business Leader of the Week: Meet Sultan Ahmed bin Sulayem, Chairman & CEO of DP World
Sultan Ahmed bin Sulayem owns hotels on Nakheel's Palm Islands, and a stake in a real estate brokerage company...
UAE eyes free trade deals with more countries by 2023 end
The UAE has so far signed several CEPAs including from Israel, Turkey, India and Indonesia, as part of a strategy to diversify its economy away from oil...
With new facilities in Poland & Italy, LuLu Group muscles up its European presence
A few days back, the LuLu Group debuted its Italian sourcing, food processing, and export base...
UAE’s debt capital market projected to reach USD 300 billion by 2030: Fitch Ratings
Fitch Ratings observed that its forecast for UAE's DCM market is backed by the fact that banks are important debt investors and are demonstrating decent liquidity as well as solid deposit growth...