Friday, December 13, 2024

Abu Dhabi

Abu Dhabi Airlines acquires stakes in 3 companies

100% of the shares of Etihad Airways Engineering Company, 100% of the shares of Amerc, and 50% of the shares of GAL were transferred to Abu Dhabi Airlines. Company announced Abu Dhabi Airlines, in a disclosure on the website Abu...

Abu Dhabi Police advises against bike delivery services in volatile weather

Abu Dhabi: Abu Dhabi Police have called upon delivery bike riders to avoid riding in volatile weather conditions. The Directorate of Traffic and Security Patrols of Abu Dhabi Police has called on delivery bicycle drivers to commit to the need...

UAE’s biggest bank FAB’s Q1 net profit up 6%; beats estimate

The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q1 2024 net profit of 4.2 billion dirhams ($1.14 billion), 6% higher year-on-year (YoY) on strong revenue growth. The net profit topped analysts’ mean estimate of AED 3.59 billion,...

Abu Dhabi bonds attract $22 billion

Today, the Emirate of Abu Dhabi began selling a record size of debt in three tranches, as reported by the IFR Fixed Income News Service. reduced Emirate of Abu Dhabi The indicative price for issuing dollar-denominated bonds in three tranches...

Sultan of Oman arrives in UAE for official visit; Received by Sheikh Muhammad

Abu Dhabi: UAE President Sheikh Mohammed bin Zayed Al Nahyan received the ruler of Oman, Sultan Haitham bin Tariq, who was on an official visit. As the Sultan's plane arrived at the UAE border, many military aircraft accompanied it...

How did the Saudi economy face external shocks?

The Kingdom of Saudi Arabia clearly stands out as one of the most prominent countries responsible for promoting economic stability at the global level, especially after assuming the presidency of the G20 and its prominent membership in the International...

Two major roads on the Abu Dhabi-Dubai route were temporarily closed

Abu Dhabi: Sheikh Maktoum Bin Rashid Road (E-11) and Sheikh Mohammed Bin Rashid Al Maktoum (E-311) roads from Abu Dhabi to Dubai have been temporarily closed. Abu Dhabi Integrated Transport Center (ITC) said traffic on these roads has been...

Abu Dhabi National Insurance acquires 51% of Allianz Saudi Fransi Insurance for $133mln

Abu Dhabi National Insurance Co. (ADNIC) has acquired 51% of the share capital of Allianz Saudi Fransi Cooperative Insurance Co., a Saudi Arabia-listed insurer, for 499 million riyals ($133.1 million). The deal was concluded at a weighted average price of...

Abu Dhabi Islamic denies negotiations to buy a stake in an Indonesian bank

With 11 countries and a population of more than half a billion people, Southeast Asia is a rapidly growing market for Islamic banking. Denial Abu Dhabi Islamic Bank In a statement on the Abu Dhabi Securities Market website today, the...

4 Floating hotels in Dubai you need to know about

Flyboarding above the Arabian Gulf after work or ordering a coffee made from 24-karat gold to start your day, are the norm for some. So as you can imagine, when it comes to hospitality in Dubai, any old place to...

Latest News

Dubai cuts domestic worker residence visa requirements in new online procedure

All domestic worker visa services — including application, renewal and cancellation of residence permits — can now be accessed...

Abu Dhabi joins Heathrow Airport’s “Millionaires Club” with record numbers.. 25 members

Seven cities have joined the “Millionaires Club” at Heathrow Airport, the most prominent of which are Abu Dhabi, Lisbon, Chicago, Mumbai, and Paris. The UAE...

Dubai: Looking to buy an offplan property in Dubai? You could do it on zero down payment.

That’s right, a handful of private developers now offer investors the option to pick up a home with minimal upfront payment. The projects –...

Today Gold Rate in Saudi Arabia – 12th Dec 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,930.70 while 24k Per 10 Gram gold price is SAR 3,370.00. Usually...

Today Gold Rate in Qatar – 12th Dec 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,837.39 while 24k Per 10 Gram gold price is QAR 3,290.00. Usually people opt...