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Month: April 2026

S and P Maintains South Korea’s Credit Rating at ‘AA’ with Stable Outlook

April 30, 2026 by emiratespressreleases.net

Seoul: Global credit appraiser S and P Global Ratings on Wednesday maintained its credit rating on South Korea at “AA,” with a stable outlook.

According to Emirates News Agency, S and P has kept South Korea’s long-term sovereign credit rating at the…

Categories Business

UAE’s Transport and Supply Chain System Demonstrates Resilience and Efficiency Amid Regional Challenges

April 30, 2026 by emiratespressreleases.net

Abu dhabi: Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure and Chairman of the Supply and Transport Committee, affirmed that the UAE’s transport and supply chain system continues to operate efficiently and steadily, supported by an i…

Categories Business

Sharjah Chamber Strengthens Engagement with Entrepreneurs in Eastern Region

April 30, 2026 by emiratespressreleases.net

Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) hosted a forum for members of the Small and Medium Enterprises Centre Tijarah 101 – Khorfakkan branch, as part of efforts to engage entrepreneurs and support SME development.

According to…

Categories Business

UAE Fuel Price Committee Announces Stable Diesel Price for May 2026

April 30, 2026 by emiratespressreleases.net

Abu dhabi: The UAE Fuel Price Committee has announced the fuel prices for May 2026, retaining the diesel price to support vital sectors, especially logistics and supply chains. This measure aims to contribute to market balance and price stability.

A…

Categories Business

Mashreq Reports AED1.9 Billion Net Profit in Q1 2026

April 30, 2026 by emiratespressreleases.net

Abu dhabi: Mashreq Bank recorded a net profit after tax of AED1.927 billion during the first quarter of 2026, compared to AED1.792 billion in the same period of 2025, reflecting a growth of 8 percent year-on-year, while net profit before tax reached A…

Categories Business

NMDC Group Reports AED6.6 Billion Revenue Surge in Q1 2026

April 30, 2026 by emiratespressreleases.net

Abu dhabi: NMDC Group, a leading entity in engineering, procurement, construction, and marine dredging, has announced its financial results for the first quarter of 2026, showcasing a resilient operational performance amid evolving regional conditions…

Categories Business

Borouge Delivers Resilient Q1 2026 Net Profit of $156 Million

April 30, 2026 by emiratespressreleases.net

Abu dhabi: Borouge Plc announced a resilient financial and operational performance for the first quarter of 2026, delivering revenue of $1.2 billion, adjusted EBITDA of $343 million, and net profit of $156 million despite current regional developments…

Categories Business

EasyLease Posts AED20.7 Million Net Profit in Q1 2026

April 30, 2026 by emiratespressreleases.net

Abu dhabi: EasyLease, a subsidiary of IHC, has reported a substantial net profit of AED20.7 million for the first quarter ending 31st March 2026, marking a significant 98 percent increase from AED10.4 million in Q1 2025. This growth is attributed to t…

Categories Business
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