DUBAI: Nasdaq Dubai has welcomed the listing of US$500 million Sustainable trust certificates issued by Warba Bank, a Kuwaiti Islamic Bank. This is the fourth listing under their $2 billion trust certificate issuance programme.
In a statement on Mond…
DUBAI: DMCC-the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise-has announced key performance results in H1 2024, recording 1,023 new member companies, bringing its total to almost 25,000 companies.
DM…
ABU DHABI: The Federal Tax Authority (FTA) has approved a total of 30,920 applications for Value Added Tax (VAT) refunds worth a total of AED2.54 billion submitted by Emirati citizens for taxes incurred on building new residences since the service was…
DUBAI: du, from Emirates Integrated Telecommunications Company (EITC), today announced the launch of educational initiatives designed to foster technological proficiency and innovation among the youth.
These include launching the ‘Skillpreneurship’ p…
ABU DHABI: ADNOC Group’s listed portfolio companies have reported strong financial results for the second quarter and first half of 2024. The six companies reported AED89 billion in combined revenue, AED28.4 billion of earnings before interest, taxes,…
VIENNA: The Organisation of the Petroleum Exporting Countries (OPEC) said the UAE’s economy continues to demonstrate robust growth, particularly within non-oil sectors such as real estate, tourism, and manufacturing.
In its Monthly Oil Market Report …
ABU DHABI: Waha Capital PJSC, an Abu Dhabi-listed investment management company, has successfully refinanced its revolving credit facility with the support of four prominent local and regional banks. The new facility is a US$400 million revolving cred…
AJMAN: Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation, confirmed that the number of real estate valuation transactions in July amounted to 194 transactions, with a total of AED615 million, with a remar…