Dubai: Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED777.1 million, up 298 percent compared to the same period in 2024, underscoring strong investor confidence and the continued expansion of Dubai’s capital markets. According to Emirates News Agency, … Read more
Dubai: Commercial Bank International (CBI) today announced its financial results for the first half of 2025. Pre-tax net profit increased by 4% year-on-year from AED90 million in H1-24 to AED93 million in H1-25. The Bank reported a pre-tax net profit of AED48 million for Q2-25. According to Emirates News Agency, the operating profit increased by … Read more
Abu dhabi: For the fifth consecutive day, the UAE has continued its airdrop operations of humanitarian aid over the Gaza Strip, in coordination with the Hashemite Kingdom of Jordan. The mission is part of the ongoing “Birds of Goodness” operation, aimed at delivering urgent relief to hard-to-reach areas affected by the conflict. According to Emirates … Read more
Dubai: Dubai Airport Freezone (DAFZ), a member of the Dubai Integrated Economic Zones Authority (DIEZ), has signed a Memorandum of Understanding (MoU) with Zhuanzhuan Group, a leading Chinese firm specialising in secondhand goods trading. The agreement lays the foundation for a strategic partnership aimed at developing a cross-border supply chain for secondhand consumer goods from … Read more
Dubai: In a pioneering step to enhance the digital quality of life and reinforce Dubai’s position as a global hub for digital transformation, Digital Dubai has launched the first-ever virtual ‘Emirati Family’ created using artificial intelligence (AI). The initiative serves as an innovative platform for delivering government messages in a relatable, engaging, and accessible manner … Read more
Abu dhabi: The Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE (CBUAE), has announced the successful completion of the July 2025 auction for the UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to AED1.1 billion. According to Emirates News Agency, this issuance is part of the T-Sukuk issuance programme for 2025, … Read more
Abu dhabi: Menassah Distribution Company, specialising in the distribution of Emirati books, is participating in the Madinah Book Fair, organised by the Literature, Publishing, and Translation Commission and held in KSA from 29th July to 4th August 2025. This participation aligns with Menassah’s ongoing efforts to strengthen the Emirati presence at regional cultural events and … Read more
Abu dhabi: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence. According to Emirates News Agency, the meeting was characterized by a cordial conversation in which Sheikh Hamdan bin … Read more