Business & Money | Tuesday 13 August, 2024 9:54 am

ADNOC’s listed companies post combined AED89 billion H1 2024 revenue

ADNOC Group’s listed portfolio companies have reported strong financial results for the second quarter and first half of 2024. The six companies reported AED89 billion in combined revenue, AED28.4 billion of earnings before interest, taxes, depreciation and amortisation (EBITDA) and net profit of ...

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Business & Money | Tuesday 13 August, 2024 9:49 am

Sharjah Chamber of Commerce and Industry, PROCOMER discuss participation in trade exhibits

The Sharjah Chamber of Commerce and Industry (SCCI) has engaged in discussions with an official delegation from the Costa Rican Foreign Trade Promoter (PROCOMER), exploring avenues for enhancing reciprocal participation in trade exhibitions hosted by both nations.Both sides also discussed fostering ...

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Business & Money | Tuesday 13 August, 2024 9:45 am

BSF to issue SAR-denominated additional Tier 1 sukuk

Banque Saudi Fransi (BSF) announced it started to issue a SAR-denominated additional Tier 1 sukuk under its SAR 8 billion Additional Tier 1 Capital Sukuk Program via a private placement in Saudi Arabia, according to a Tadawul statement.The number and value of sukuk to be offered will ...

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Business & Money | Tuesday 13 August, 2024 9:40 am

Schneider Electric Recognized as a Leader in Building Decarbonization Consulting by Independent Research and Advisory Firm

Schneider Electric, the leader in the digital transformation of energy management and automation, has earned the coveted position of a Leader in Verdantix’s recent report, Green Quadrant: Building Decarbonization Consulting 2024.  The buildings sector accounts for 37% of...

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Business & Money | Tuesday 13 August, 2024 9:33 am

Sports Boulevard Foundation wins “King Salman Charter for Architecture and Urbanism Award”

The Sports Boulevard Foundation has won the prestigious “King Salman Charter for Architecture and Urbanism award” organized by the Architecture and Design Commission. The award is in recognition of the project’s excellence in embracing the principles and standards of the charter through the...

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Business & Money | Tuesday 13 August, 2024 9:23 am

HONOR Partners with Team Falcons for Esports World Cup, Strengthening Its Commitment to the Saudi Market

HONOR, a global leader in innovative smartphone technology, today announced an exciting partnership with Team Falcons, the renowned esports team, for the upcoming Esports World Cup.This partnership unites two leading forces in their respective fields, combining HONOR’s cutting-edge technology...

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Business & Money | Monday 12 August, 2024 11:51 am

DEWA organises 'Youth Forum' in conjunction with International Youth Day 2024

Dubai Electricity and Water Authority (DEWA) 's Youth Council has organised the "Youth Forum" in conjunction with International Youth Day 2024, observed annually on 12th August. The forum, which was inaguared by Saeed Mohammed Al Tayer, MD and CEO of DEWA, included a series of activities and...

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Business & Money | Monday 12 August, 2024 11:36 am

Demand for luxury home maintenance surging in Dubai, says Hitches & Glitches

UAE-based sustainable and technology-driven home maintenance specialist Hitches & Glitches (H&G), part of the Farnek Group, has witnessed an unprecedented increase in demand for home maintenance in Dubai’s luxury residential property sector. H&G has been appointed to maintain...

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Business & Money | Monday 12 August, 2024 11:31 am

Ajman Department of Finance Continues to Inspire with Innovative Experiences in 2024 ‘Our Happy Summer’

The Ajman Department of Finance (DOF) continues its community initiatives, launched in collaboration with several strategic partners, as part of its participation in the 2024 ‘Our Happy Summer’ programme. These efforts aim to spread knowledge, support talented youth, raise community awareness,...

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Business & Money | Monday 12 August, 2024 11:20 am

Demand for at-home visa services increases by 20%; trend shifting towards families and individuals

VFS Global’s Visa At Your Doorstep solution, which provides visa application services at the applicant’s home or office, has witnessed a 20% growth in demand from travellers, both from Middle East and within the UAE, in the first half of 2024. This year, VFS Global added Bulgaria, Croatia and...

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