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Month: May 2025

Nahyan bin Mubarak Opens Economy Middle East Summit 2025

May 15, 2025 by emadmin

Abu Dhabi: Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, officially opened the Economy Middle East Summit 2025, which convened high-level public and private sector leaders to discuss collaborative solutions for sustainabl…

Categories Business, Trading

Kuwait Crude Oil Rises 84 Cents to US$66.53 Per Barrel

May 15, 2025 by emadmin

Kuwait City: Kuwait crude oil rose by 84 cents in Wednesday’s trading to reach US$66.53 per barrel, compared to US$65.69 the previous day, Kuwait Petroleum Corporation announced on Thursday.

According to Emirates News Agency, Brent futures fell by 5…

Categories Business, Trading

UAE-US Renewable Energy Partnership Drives Global Clean Energy Transition

May 15, 2025 by emadmin

Abu Dhabi: The strategic energy partnership between the United Arab Emirates and the United States continues to reinforce both countries’ shared vision for a sustainable future. This collaboration is marked by significant joint investments in clean an…

Categories Business, Trading

UAE Reliable, Long-Standing Energy Partner: US Department of Energy

May 15, 2025 by emadmin

Abu Dhabi: Ben Dietderich, Press Secretary and Chief Spokesperson at the US Department of Energy, stated that the United States and the United Arab Emirates share a long-standing relationship in the energy sector and are committed to strengthening coo…

Categories Business, Trading

Amlak Finance Achieves AED28 Million Net Profit in First Quarter

May 15, 2025 by emadmin

Dubai: Amlak Finance reported net profits after income tax of AED28 million for the first quarter of 2025, marking a 4 percent year-on-year increase from AED27 million in the same period last year.

According to Emirates News Agency, the company’s to…

Categories Business, Trading

Ajman Real Estate Valuations Reach AED446.8 Million in April

May 15, 2025 by emadmin

Ajman: The Emirate of Ajman recorded a 24.3 percent increase in real estate valuation transactions in April compared to March, with a total value of AED446.8 million generated through 189 transactions. Eng. Omar bin Omair Al Muhairi, Director-General …

Categories Business, Trading

Dubai Centre for Family Businesses Promotes Sustainable Intergenerational Growth for Family-Owned Companies

May 15, 2025 by emadmin

Dubai: The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, today hosted the latest event in its ‘Governance Series.’ The session showcased a successful global case study and focused on advancing sustainable gro…

Categories Business, Trading

UAE Leading Model in Economic Diversification, AI Adoption: UN Envoy

May 15, 2025 by emadmin

Abu Dhabi: Dr. Mahmoud Mohieldin, United Nations Special Envoy on Financing the 2030 Agenda for Sustainable Development, has praised the UAE as a pioneering model in the region for economic diversification, future-focused investment, and the strategic…

Categories Business, Trading
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