business

EV charging stations to be installed in 600 parking lots

Gulf Today, Staff Reporter Dubai Municipality has launched a new initiative to install ultra-fast charging stations for electric vehicles in 600 parking spaces...

Daniel Mangena Builds Asset-Backed Ventures Designed to Outlast Market Cycles

Financial markets reward companies that demonstrate growth and deliver strong quarterly earnings. When performance falls short of expectations, leadership may cut expenses, sell...

Two plots of land in Dubai mortgaged and sold for Dhs453 million

Dubai’s real estate market saw two land plots mortgaged and sold for a total of Dhs453.4 million during the mid-weekend trading. According to...

China's central bank adds 12 banks as digital yuan operators

China's central bank announced Thursday that it has added 12 banks to its list of authorized institutions for digital yuan operations, Xinhua News...

Deal to boost financial services growth

The Ministry of Economy and Tourism and the Dubai Financial Services Authority (DFSA), the independent regulator of banking, wealth & asset management, and...

Oil rallies, stock market drop as Trump dashes hopes fighting will soon end

Oil surged and stocks fell on Thursday after Donald Trump threatened more heavy strikes on Iran and offered no solution to reopening the...

Luxury villa and apartment in Dubai mortgaged and sold for Dhs595.5 million

Dubai’s real estate market saw a luxury apartment sold and a villa mortgaged for a total of Dhs595.5 million during midday trading on...

Hillhouse Investment opens new office in Abu Dhabi

Hillhouse Investment Management , one of the world’s leading global private alternative asset managers, on Thursday announced the opening of a new office...

Masdar, TotalEnergies to form $2.2 billion joint venture to accelerate renewable energy growth in Asia

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and TotalEnergies, a global integrated multi energy company, have signed...

Yango Drive releases 2025 Mobility Report highlighting AI's growing impact on UAE's travel ecosystem

Yango Drive, the car rental service and part of the global tech company Yango Group, has published its 2025 Mobility Report, an industry...

Bloom Holding launches ‘Suqur Al-Watan’ privilege program to honour UAE frontline heroes

Bloom Holding, a master developer committed to curating premium communities that provide a high standard of living, today announced the launch of “Suqur...

Sanofi supported rare disease awareness in collaboration with the UAE Rare Disease Society and Saudi Society of Medical Genetics

Sanofi has supported a groundbreaking awareness campaign in collaboration with the UAE Rare Disease Society (UAERDS) and Saudi Society of Medical Genetics (SSMG), under the powerful slogan 'More Than You Can Imagine.'  This strategic partnership aims to...

Why Georgia is becoming the smarter choice for global investors

In a world that feels increasingly unpredictable, Georgia is standing out as a steady and welcoming destination for international capital. While many traditional...

Emirates NBD Group successfully closes $2.25 billion in long-term financing

Emirates NBD has successfully closed $2.25 billion in long-term financing. The transaction includes a $1.75 billion five-year sustainability-linked syndicated term loan (SLL) and...

XRG, OMV complete transactions to create Borouge International

XRG, Adnoc’s international investment arm, and OMV Aktiengesellschaft (OMV) on Tuesday announced the successful formation of Borouge Group International AG, to operate under...

Stocks rise, bonds steady, oil on track for record monthly gains

The US and  European shares rose on Tuesday but were still on track for their worst month since 2022, while oil prices were...

Independent auditor’s Report to the Head Office of Al Ittihad (General Insurance Company for the Near East S.A.L) — UAE Branches

AD Ports records Dhs20.77 billion revenue and Dhs2.07b net profit

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has published its 2025 Annual Report, which chronicled a year...

Oil rises on Trump’s Iran threats, global markets take cue on talks

Oil prices rose as the Middle East crisis escalated with the entry of Houthi rebels into the war and as US President Donald...

Indian rupee hits 95 mark against dollar

The Indian rupee on Monday crossed the 95 per dollar mark for the first time, hitting 95.2 against the US dollar, down 0.3...

ADGM hits 10-year mark with record growth, strategic global partnerships

Marking its 10th year of operations, ADGM, Abu Dhabi’s International Financial Centre (IFC), delivered another year of solid growth and strategic milestones, reinforcing...

Sharjah Islamic Bank launches strategic rights issue to raise Dhs2.59 billion

Sharjah Islamic Bank PJSC approved, during its annual general assembly held, a capital increase through a strategic rights issue aimed at raising total...

Banks ask RBI for 3 months to comply with FX position caps

Lenders have urged the Indian central bank to grant three months for compliance with new foreign exchange position ‌limits, noting that a quick...

Business group leaders: Dubai’s economic model redefining competitiveness in face of global challenges

Leaders of business groups operating under the umbrella of Dubai Chamber of Commerce, which represent key sectors across the emirate’s economy, have affirmed...