Business & Money | Saturday 2 May, 2026 8:00 am

Umm Al Qura for Development & Construction signs agreement with Kempinski to operate the first Kempinski Residences project in Makkah

Umm Al Qura for Development & Construction Company, the owner, developer, and operator of Masar Destination in Makkah, has signed an agreement with the global Kempinski Group to operate Kempinski Residences at Masar Makkah. This project marks the first Kempinski-branded residential development...

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Business & Money | Saturday 2 May, 2026 8:00 am

Dubai Financial Market Q1/26 net profit up +43%; ADTV exceeds AED1 billion

Dubai Financial Market (DFM) today announced its consolidated financial results for the first quarter of 2026, recording a strong start to the year, supported by robust trading activity, higher liquidity levels, and increased investor participation. DFM’s consolidated revenues for the first...

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Business & Money | Saturday 2 May, 2026 8:00 am

Bank of Sharjah AGM approves 6.5% dividend as net profit soars 89% in 2025

Bank of Sharjah held its 53rd Annual General Assembly Meeting (AGM) on April 30, 2026. The meeting was chaired by Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Board of Directors, and attended by Board members, shareholders, senior management, external auditors, and a representative of...

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Business & Money | Saturday 2 May, 2026 8:00 am

Rokos Capital Management opens new office in ADGM

ADGM today announced that Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA). RCM’s new Abu Dhabi office is located in the Sky Tower within ADGM’s jurisdiction...

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Business & Money | Saturday 2 May, 2026 8:00 am

2nd Khalifa Fund Entrepreneurship Competition launched

The Khalifa Fund for Enterprise Development (KFED), in collaboration with the Sheikh Khalifa Excellence Award, has launched the 2nd Khalifa Fund Entrepreneurship Competition. The initiative aims to attract exceptional talent in innovation and entrepreneurship to develop solutions that address real...

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Business & Money | Saturday 2 May, 2026 8:00 am

ENOC Group champions UAE’s industrial sovereignty at Make it in the Emirates 2026

ENOC Group is showcasing the UAE's industrial capabilities with a spotlight on the ENOC Lubricant and Grease Manufacturing Plant (ELOMP), during its participation in the upcoming annual ‘Make it in the Emirates 2026’ exhibition and conference, hosted in Abu Dhabi from May 4–7. As the...

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Business & Money | Wednesday 29 April, 2026 3:40 pm

AD Ports Group, AZCON Holding sign MoU to explore collaboration in transport, logistics infrastructure

AD Ports Group has signed a Memorandum of Understanding (MoU) with Azerbaijan Transport and Communications Holding (AZCON Holding) to explore strategic collaboration across ports, shipping, logistics, and digital trade solutions in Azerbaijan. The MoU establishes a strategic framework for...

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Business & Money | Wednesday 29 April, 2026 3:37 pm

MoF discusses latest fiscal framework, public debt strategy with investors

The Ministry of Finance (MoF) held an extensive meeting with investors to highlight the latest developments related to the federal government’s fiscal framework and public debt management strategy. The meeting was held as part of the Ministry’s commitment to enhancing transparency in...

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Technology & IT | Wednesday 29 April, 2026 11:38 am

Infinite IT Solutions Receives Pre-Approval as Accredited Service Provider for UAE E-Invoicing Mandate

GCC-based e-invoicing leader with global reach across 30 countries to deliver enterprise-grade Peppol connectivity for UAE's landmark digital tax transformationDubai, UAE - Infinite IT Solutions, a leading provider of enterprise e-invoicing and automation solutions in the Gulf region, today...

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Business & Money | Wednesday 29 April, 2026 10:02 am

Dubai Islamic Bank posts AED1.799 billion net profit in Q1/26

Dubai Islamic Bank (DIB) recorded a net profit after tax of AED1.799 billion during the first quarter of 2026, compared to AED1.798 billion in the same period of 2025. Net profit before tax reached AED2.126 billion, representing a year-on-year growth rate of 1 percent. The bank reported...

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