by Vasu Jit Kalia | July 30, 2024 | Economy
Dubai Financial Market (DFM) performed exceptionally well by posting a net profit before tax of Dh195.4 million for the six months ended June 30, 2024. There was a significant 74 per cent increase over last year, an increase seen in trading activity, higher trade...
by Vasu Jit Kalia | July 30, 2024 | Energy, Industry
ABU DHABI, 30th July, 2024 (WAM) — ADNOC announced today that its offshore Satah Al Razboot (SARB) field has achieved a 25% increase in production capacity by implementing industry-leading advanced digital technologies. The increase at SARB field, to a total of...
by Vasu Jit Kalia | July 30, 2024 | Industry, Real Estate
Dubai Land Department (DLD) has successfully completed 647 amicable real estate settlements worth more than AED 1.38 billion in the first half of 2024. Through the Oqoodi Platform service, 100% of the settlement agreements were approved, facilitating and expediting...
by Vasu Jit Kalia | July 30, 2024 | News
New Delhi, July 29 (IANS) Gautam Adani, Chairman of the Adani Group, on Monday had an “insightful meeting” with FedEx CEO Rajesh Subramaniam, adding that he is “excited” about future collaborations with the global logistics company. In a post...
by Vasu Jit Kalia | July 30, 2024 | Banking, Central Banks
Arab Bank Group reported solid results for the first half of 2024, with 25% increase in net income after tax reaching $503 million as compared to $401 million for the same period last year. The Group maintained its strong capital base with a total equity of $11.5...
