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Month: April 2025

Emirates Stallions Group Revenue Surges to AED332.68 Million in Q1 2025

April 29, 2025 by emadmin

Abu Dhabi: Emirates Stallions Group, a subsidiary of International Holding Company (IHC), today announced strong financial results for Q1 2025, with the Group’s total revenue growing by 10 percent year-on-year.

According to Emirates News Agency, rev…

Categories Business, Trading

ATM 2025 Explores Food Waste Reduction as Catalyst for Circular Economy in Tourism

April 29, 2025 by emadmin

Dubai: As travel companies face a growing array of challenges, from operational inefficiencies to increasing demand for sustainability, food waste has surfaced as an unavoidable issue within the travel and tourism industry. During the ‘What a Waste! H…

Categories Business, Trading

UAE Participates in 18th Meeting of ICAO’s Air Transport Regulation Panel in Montreal

April 29, 2025 by emadmin

Montreal: A delegation from the United Arab Emirates, chaired by the General Civil Aviation Authority (GCAA) and with the participation of representatives from local civil aviation authorities and national airlines, took part in the 18th meeting of th…

Categories Business, Trading

Dubai Duty Free Triumphs Again with 24th Consecutive Award for Best Duty Free Shopping in Middle East

April 29, 2025 by emadmin

Dubai: Dubai Duty Free has once again clinched the prestigious award for “Best Duty Free Shopping in the Middle East” at the Business Traveller Middle East (BTME) Awards, marking its 24th consecutive win. The awards ceremony was held at the InterConti…

Categories Business, Trading

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
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