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Day: February 26, 2026

Korea’s Central Bank Maintains Key Interest Rate at 2.5%

February 26, 2026 by emiratespressreleases.net

Seoul: The Republic of Korea’s central bank kept its benchmark interest rate steady Thursday. In a widely expected decision, the Monetary Policy Board of the Bank of Korea held the key rate unchanged at 2.5 percent in its latest rate-setting meeting.
…

Categories Business

Asia Accounts for Nearly Half of Multinational Companies Drawn by Dubai International Chamber in 2025

February 26, 2026 by emiratespressreleases.net

Dubai: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 46.9 percent of the multinational companies (MNCs) it attracted to the emirate during 2025 came from Asia.

According to E…

Categories Business

flydubai Profit Reaches AED1.9 Billion in 2025

February 26, 2026 by emiratespressreleases.net

Dubai: flydubai has demonstrated a strong financial performance for its fiscal year ending December 31, 2025, reporting a pre-tax profit of AED2.2 billion (US$591 million). The airline’s total revenue rose to AED13.6 billion (US$3.7 billion), marking …

Categories Business

flydubai Profit Reaches AED1.9 Billion in 2025

February 26, 2026 by emiratespressreleases.net

Dubai: flydubai has demonstrated a strong financial performance for its fiscal year ending December 31, 2025, reporting a pre-tax profit of AED2.2 billion (US$591 million). The airline’s total revenue rose to AED13.6 billion (US$3.7 billion), marking …

Categories Business

KEZAD Group and Galadari Brothers Ink 50-Year Land Lease for AED75 Million Facility

February 26, 2026 by emiratespressreleases.net

Abu dhabi: KEZAD Group and Galadari Brothers’ Heavy Equipment Division have signed a 50-year land lease agreement for the establishment of a facility in KEZAD A (KEZAD Al Ma’mourah).

According to Emirates News Agency, Galadari is investing AED75 mil…

Categories Business

Abu Dhabi to Host Innovation Summit Middle East and Africa on April 28-29

February 26, 2026 by emiratespressreleases.net

Abu dhabi: Schneider Electric, a global energy technology leader, on Thursday announced that the second edition of the Innovation Summit Middle East and Africa will be held in Abu Dhabi from 28th to 29th April 2026. The summit will bring together glob…

Categories Business

EHC Investment and Supermicro to Develop AI Modular Data Centres in UAE

February 26, 2026 by emiratespressreleases.net

Abu dhabi: EHC Investment, a diversified investment platform based in Abu Dhabi and a subsidiary of International Holding Company (IHC), has partnered with Supermicro, Inc., a global leader in IT solutions, to jointly develop Sovereign AI Modular Data…

Categories Business

EHC Investment and Supermicro to Develop AI Modular Data Centres in UAE

February 26, 2026 by emiratespressreleases.net

Abu dhabi: EHC Investment, a diversified investment platform based in Abu Dhabi and a subsidiary of International Holding Company (IHC), has partnered with Supermicro, Inc., a global leader in IT solutions, to jointly develop Sovereign AI Modular Data…

Categories Business
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