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Day: April 30, 2026

Bank of Sharjah AGM Approves 6.5% Dividend as Net Profit Soars 89% in 2025

April 30, 2026 by emiratespressreleases.net

Sharjah: Bank of Sharjah held its 53rd Annual General Assembly Meeting (AGM) on April 30, 2026. The meeting was chaired by Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Board of Directors, and attended by Board members, shareholders, senior mana…

Categories Business

Sharjah Holding Board Approves 2025 Financial Results and Sets Future Goals

April 30, 2026 by emiratespressreleases.net

Sharjah: The Board of Directors of Sharjah Holding recently convened to review the company’s latest business developments and future plans. During the meeting, members discussed updates for 2026, reviewed and approved the audited financial statements …

Categories Business

Commercial Bank International Posts AED47.1 Million Net Profit in Q1 2026

April 30, 2026 by emiratespressreleases.net

Abu dhabi: Commercial Bank International (CBI) recorded a net profit after tax of AED47.1 million during the first quarter of 2026.

According to Emirates News Agency, the bank stated that its pre-tax profit rose by 14 percent year-on-year to AED52.1…

Categories Business

Ducab to Showcase Future-Focused Industrial Strategy at Make It in the Emirates 2026

April 30, 2026 by emiratespressreleases.net

Ducab: Ducab, a leading UAE-based provider of energy solutions, will preview how upcoming advancements in the UAE’s industrial capabilities will contribute to the nation’s economic diversification and innovation-led growth during its participation in …

Categories Business

UAE-Korea CEPA Set to Boost Economic Ties with May Implementation

April 30, 2026 by emiratespressreleases.net

Abu dhabi: The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Republic of Korea is set to officially enter into force on 1st May 2026. This agreement marks a significant advancement in economic relations b…

Categories Business

NMDC Group Named ‘Enablement Partner’ at Make it in the Emirates 2026

April 30, 2026 by emiratespressreleases.net

Abu dhabi: Make it in the Emirates, the UAE’s national platform for industrial growth and transformation, has announced NMDC Group, a global leader in engineering, procurement and construction (EPC) and marine dredging, as the Enablement Partner for i…

Categories Business

Dubai SME Allocates AED44 Million to Boost Startups in 2025

April 30, 2026 by emiratespressreleases.net

Dubai: The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development, known as Dubai SME, has announced a significant increase in its financial support for startups, allocating approximately AED44 million in funding for the year 2…

Categories Business

China’s Economic Resilience Strengthened by Innovation and Policy Support, Experts Say

April 30, 2026 by emiratespressreleases.net

Beijing: Technological innovation and robust policy support for domestic demand are bolstering China’s economic resilience, providing a stable foundation for growth through the remainder of the year, economists said.

According to Emirates News Agen…

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