Business

Dubai Duty Free Smashes Records with AED2.06 Billion Q1 2025 SalesDubai Duty Free Smashes Records with AED2.06 Billion Q1 2025 Sales

Dubai Duty Free Smashes Records with AED2.06 Billion Q1 2025 Sales

Dubai: Dubai Duty Free has kicked off 2025 with a bang, raking in a record-breaking AED2.06 billion (US$565 million) in…

3 months ago
Trump Axes Tariffs for 90 Days, Hits China with 125% LevyTrump Axes Tariffs for 90 Days, Hits China with 125% Levy

Trump Axes Tariffs for 90 Days, Hits China with 125% Levy

NEW YORK : In a dramatic pivot, US President Donald Trump unveiled a 90-day suspension of reciprocal tariffs on all…

3 months ago
Masdar invests AED30 billion in 2024, launches new projects in 9 countriesMasdar invests AED30 billion in 2024, launches new projects in 9 countries

Masdar invests AED30 billion in 2024, launches new projects in 9 countries

ABU DHABI (WAM): Abu Dhabi Future Energy Company – Masdar has strengthened its global leadership in renewable energy, deploying nearly…

4 months ago
L&T Secures Major Orders Across Saudi Arabia, UAE, Kuwait, and IndiaL&T Secures Major Orders Across Saudi Arabia, UAE, Kuwait, and India

L&T Secures Major Orders Across Saudi Arabia, UAE, Kuwait, and India

By Jessica Roberts RIYADH— Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured significant contracts in Saudi Arabia,…

6 months ago
Fraud and Forgery: Koyenco Owner Moideen Koya Files Case Against Two SonsFraud and Forgery: Koyenco Owner Moideen Koya Files Case Against Two Sons

Fraud and Forgery: Koyenco Owner Moideen Koya Files Case Against Two Sons

By Vishwanath Mannarakkal P.P. Moideen Koya, the founder and managing director of  Koyenco Group, is embroiled in a bitter family…

9 months ago
Al Islami reaffirms commitment to food innovation with platinum partnership at Future Food Forum 2024Al Islami reaffirms commitment to food innovation with platinum partnership at Future Food Forum 2024

Al Islami reaffirms commitment to food innovation with platinum partnership at Future Food Forum 2024

Dubai: Al Islami Foods, a UAE pioneer in the wholesome food products sector and a global leader in halal poultry…

9 months ago
Larsen & Toubro to showcase innovations in building clean electricity & efficient water systems at WETEXLarsen & Toubro to showcase innovations in building clean electricity & efficient water systems at WETEX

Larsen & Toubro to showcase innovations in building clean electricity & efficient water systems at WETEX

DUBAI: Larsen & Toubro (L&T), the Indian multinational technology, engineering, construction, and financial services conglomerate, is showcasing recent developments in…

9 months ago
Al Islami Foods Repositions Brand to Reflect Universal Values of Love, Innovation and Joy of Coming TogetherAl Islami Foods Repositions Brand to Reflect Universal Values of Love, Innovation and Joy of Coming Together

Al Islami Foods Repositions Brand to Reflect Universal Values of Love, Innovation and Joy of Coming Together

Dubai, United Arab Emirates; 25 September 2024: Al Islami Foods, a leading provider of halal poultry, meat, and snacking products,…

10 months ago
Public joint-stock companies pay AED61.73 bn in cash dividends, bonus shares in 2023: SCAPublic joint-stock companies pay AED61.73 bn in cash dividends, bonus shares in 2023: SCA

Public joint-stock companies pay AED61.73 bn in cash dividends, bonus shares in 2023: SCA

Abu Dhabi (WAM): The Securities and Commodities Authority (SCA) reported that public joint-stock companies in the UAE distributed a total of…

10 months ago
VERSES, Analog announce smart city initiative in Abu DhabiVERSES, Analog announce smart city initiative in Abu Dhabi

VERSES, Analog announce smart city initiative in Abu Dhabi

Abu Dhabi  (WAM): VERSES AI Inc., a cognitive computing company specialising in next generation intelligent systems, announceD the first in a…

10 months ago