Browsing: Business
MENA Newswire News Desk: The UAE’s banking sector achieved an 11.1% growth in net international reserves during the first seven months of 2024, reaching AED1.273 trillion by the end of July, an increase of AED127.5 billion from AED1.145 trillion recorded
MENA Newswire News Desk: Burjeel Holdings PLC, listed on the Abu Dhabi Securities Exchange (ADX), reported robust financial growth for the third quarter of 2024, as per results prepared under International Financial Reporting Standards (IFRS). The Group’s revenue reached AED
MENA Newswire News Desk: The International Air Transport Association (IATA) reported a significant 9.4% growth in global air cargo demand for September 2024 compared to the same month last year, marking a sustained trend of strong annual increases in the
MENA Newswire News Desk: Russia’s Deputy Minister of Industry and Trade, Mikhail Ivanov, underscored the United Arab Emirates’ role as Russia’s largest energy partner in the Middle East and North Africa, speaking at the Abu Dhabi International Petroleum Exhibition and Conference
MENA Newswire News Desk: Aldar has officially announced the launch of Mamsha Gardens, a new residential project situated adjacent to Mamsha Al Saadiyat and the Saadiyat Cultural District on Saadiyat Island. This latest development aims to expand residential options in
MENA Newswire News Desk: The Central Bank of the UAE has reported an increase in the money supply aggregate M1, which grew by 0.6% to reach AED889.3 billion by the end of July 2024, up from AED884.1 billion at the
MENA Newswire News Desk: TECOM Group has reported a net profit of AED293 million for the first quarter of 2024, marking a 15% increase compared to the same period last year. This performance reflects solid financial and operational growth across
MENA Newswire News Desk – The Eurozone’s latest inflation data, reflecting a re-acceleration to a 2% annual rate in October, has influenced investor sentiment towards a more hawkish stance on the euro (EUR). This uptick challenges earlier expectations of a
MENA Newswire News Desk: The United Arab Emirates’ stock markets have seen a notable influx of high-value transactions this year, with a total of 764 deals amounting to AED58 billion across the Abu Dhabi Securities Exchange (ADX) and Dubai Financial
MENA Newswire News Desk: Japan’s oil imports for September 2024 reached 72.87 million barrels, with a dominant share of 81.4% coming from the Gulf Cooperation Council (GCC) nations, particularly the United Arab Emirates (UAE) and Saudi Arabia, according to the