DUBAI: Islamic Arab Insurance Company ‘SALAMA’, listed on Dubai Financial Market, has reported topline growth with a profit of AED17.58 million in its first quarter of 2024, increasing by 118%, compared to AED8.04 million in Q1 2023.
In a statement t…
ABU DHABI: Standard and Poor’s Credit Ratings Agency (S and P Global) said the profitability of GCC Banks will remain strong in 2024, and their asset quality will stay robust despite higher-for-longer rates, due to supportive economies, contained le…
ABU DHABI: Bayanat, the ADX-listed public company and provider of AI-powered geospatial solutions, announced today its results for Q1 2024, reporting AED113 million in revenues, a 12% increase Year-over-Year.
In a statement on Wednesday, the company …
ABU DHABI: Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, today announced the launch of one of the first digital manufacturing platforms in the region to unlock additional value through Industry 4.0 app…
SEOUL: South Korea’s exports of information and communication technology (ICT) products soared almost 34 percent in April, logging the sixth consecutive month of increase, on robust global demand, Yonhap News Agency reported on Wednesday.
Outbound sh…
BEIJING: As per a report from China Economic Net (CEN), the Global Trade and Investment Promotion Summit, held in Beijing on Monday under the theme “Mutual Trust and Cooperation: Navigating through Profound Changes,” convened more than 300 delegates f…
ABU DHABI: Tabreed, the UAE’s international district cooling company, today released its consolidated financial results for the first three months of 2024, recording revenue increase to AED468 million compared to AED464 million in Q1 2023.
In a state…
ABU DHABI: Thuraya Telecommunications Company, the mobile satellite services subsidiary of Al Yah Satellite Communications Company, has announced IP NEO, the first in a new family of next-generation satellite communications products packed with advanc…