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Day: April 29, 2025

United Arab Bank Reports 49% Growth in Q1 Net Profit

April 29, 2025 by emadmin

Abu Dhabi: The United Arab Bank (UAB) reported its financial results for the three months ending 31st March 2025. UAB posted a net profit of AED102 million for Q1 2025, compared to AED68 million in Q1 2024, representing an increase of 49 percent.

Ac…

Categories Business, Trading

Emirates Triumphs at 2025 Business Traveller Middle East Awards

April 29, 2025 by emadmin

Dubai: Emirates clinched four gongs at the prestigious Business Traveller Middle East (BTME) 2025 awards last night, including ‘Best Airline Worldwide’ for the twelfth consecutive year.

According to Emirates News Agency, the airline also took home ‘…

Categories Business, Trading

NMDC Energy Reports AED217 Million Net Profit in Q1 2025

April 29, 2025 by emadmin

Abu Dhabi: NMDC Energy, a majority-owned subsidiary of NMDC Group, has reported strong financial results for the period ending 31st March 2025, with robust performance defined by healthy project activity and diversified revenue contribution.

Accord…

Categories Business, Trading

ADNOC Successfully Prices Largest-AA Rated Corporate Sukuk Globally

April 29, 2025 by emadmin

Abu Dhabi: ADNOC Murban Sukuk Limited, a special purpose vehicle established to issue Sukuk Certificates, has successfully priced its inaugural offering of Shari’a compliant trust certificates under its newly established International Sukuk Programme,…

Categories Business, Trading

Dubai Highlights Tech Ties with Singapore at GITEX Asia

April 29, 2025 by emadmin

Dubai: Dubai showcased its innovation ecosystem and growing tech synergies with Singapore at the inaugural GITEX Asia x AI Everything Singapore, reinforcing the strategic alignment between two of the world’s leading hubs for technology-driven growth. …

Categories Business, Trading
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