Yesterday, the Emirates Central Cooling Systems Corporation (Empower) announced its financial results for the first nine months of this year, recording total revenues amounting to 2.451 billion dirhams, a growth …
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The group ended the first half of the fiscal year 2024/2025 with a strong cash position, with its balances reaching 43.7 billion dirhams ($11.9 billion) on September 30, 2024, compared …
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Business
5,000 national products worth 165 billion dirhams in the next session of “Made in the Emirates”
The Assistant Undersecretary for the Standards and Legislation Sector at the Ministry of Industry and Advanced Technology, Dr. Farah Al Zarouni, said in statements to Emirates Today, on the sidelines …
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Business
“Lulu” raises 6.32 billion dirhams from its initial public offering… and the share price is set at 2.04 dirhams
Lulu Retail Holding PLC announced today the success of the price construction and subscription process for its initial public offering on the Abu Dhabi Securities Market. Lulu Retail confirmed that …
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Business
Lulu Retail announces an increase in the size of its initial public offering to 3.1 billion shares
Lulu Retail Holding PLC announced an increase in the size of its initial public offering from 2,582.2 million shares to 3,098.7 million shares, equivalent to 30% of its total capital …
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The troubled American aircraft manufacturer, Boeing, asked investors to pump about $19 billion to support its balance sheet and protect its credit rating from the possibility of it being reduced …
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The financial technology (Fintech) industry in the UAE has achieved leaps in growth in recent years, amid positive trends indicating great investment opportunities in the sector, which represents one of …
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The total financing of national banks to the private sector amounted to about 63.2 billion dirhams during the first half of this year, bringing their total cumulative balance to 1.195 …
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Local stock markets increased their gains and their market capitalization gained about 38 billion dirhams at the end of the first two sessions of this week (Monday and Tuesday), with …
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The real estate market in Dubai witnessed its highest historical performance since the beginning of 2024, after recording sales worth 426.9 billion dirhams, which exceeds the sales of the entire …