Business

ABU DHABI: The UAE’s economy is expected to grow by 3.9 percent in the current year, 2024, rising to 6.2 percent in 2025, according to the Arab Monetary Fund (AMF).

In its Arab Economic Outlook report issued today, the AMF stated that the expected gr…

ABU DHABI: EasyLease, the leading Mobility Solution company and subsidiary of International Holding Company (IHC), has released its financial results for the first half of 2024, reporting AED 189.72 million in revenue, a notable 36.1 percent year-on-y…

DUBAI: Mashreq has announced its financial results for the first half of 2024 (H1 2024), logging a net profit of AED4 billion, reflecting a significant 14 percent increase year-on-year (YoY). This growth is largely driven by a 17 percent YoY increase …

DUBAI: Mashreq has announced its financial results for the first half of 2024 (H1 2024), logging a net profit of AED4 billion, reflecting a significant 14 percent increase year-on-year (YoY). This growth is largely driven by a 17 percent YoY increase …

MADRID: Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy leader, announced today that it has reached an agreement with Endesa S.A. (Endesa) to become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regu…

China’s major state-owned commercial banks announced on Thursday reductions in deposit interest rates.

The one-year fixed-term deposit interest rate was cut by 10 basis points to 1.35 percent, according to the official deposit interest rates released…

The US economy grew by 2.8 percent in the second quarter of this year, after growing by 1.4 percent year-on-year in the first quarter.

Data from the US Department of Commerce released Thursday showed that the US economy grew more than expected during…

ABU DHABI: EasyLease, the leading Mobility Solution company and subsidiary of International Holding Company (IHC), has released its financial results for the first half of 2024, reporting AED 189.72 million in revenue, a notable 36.1 percent year-on-y…