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    EGA announces net profit of Dhs7.4 billion in 2022

    EGA announces net profit of Dhs7.4 billion in 2022

    07 Mar 2023

    Emirates Global Aluminium (EGA) on Tuesday reported its strongest-ever financial results, announcing net profit of Dhs7.4 billion ($2.0 billion), up 34 per cent from Dhs5.5 billion ($1.5 billion) in 2021....

    Mubadala, Stone Point to buy 20% stake in Truist unit

    Mubadala, Stone Point to buy 20% stake in Truist unit

    07 Mar 2023

    Mubadala Investment Company announced that it has partnered with primary investor Stone Point Capital, a private equity firm focused on the global financial services industry, alongside other co-investors, to purchase...

    KEZAD, Emtelle to develop $50m manufacturing facility

    KEZAD, Emtelle to develop $50m manufacturing facility

    07 Mar 2023

    Khalifa Economic Zones Abu Dhabi (KEZAD) Group and Emtelle, a global manufacturer of passive fibre-optic network solutions, on Tuesday signed an agreement to build one of the world’s largest facilities...

    Sultan Al Neyadi interacts with college students live from International Space Station

    Sultan Al Neyadi interacts with college students live from International Space Station

    07 Mar 2023

    Gulf Today, Staff Reporter Over 1,000 wide-eyed students at GEMS Jumeirah College in Dubai were treated to the ultimate space lesson on Tuesday when Emirati astronaut Sultan Al Neyadi...

    ADEX to provide $135 million loan to Trafigura

    ADEX to provide $135 million loan to Trafigura

    07 Mar 2023

    Abu Dhabi Exports Office (ADEX), the export financing arm of Abu Dhabi Fund for Development; and Japan’s Sumitomo Mitsui Financial Banking Corporation (SMBC), have joined hands to provide a loan...

    Residents can charge electric car at Dhs7.50 for a distance of 400 km

    Residents can charge electric car at Dhs7.50 for a distance of 400 km

    07 Mar 2023

    Syed Shayaan Bakht, Staff Reporter The Minister of Energy and Infrastructure, Suhail bin Mohammed Al Mazrouei said, “The cost of charging an electric car at station in the UAE...

    Dubai’s Salik to distribute cash dividends of Dhs491 million to shareholders after stable growth

    Dubai’s Salik to distribute cash dividends of Dhs491 million to shareholders after stable growth

    07 Mar 2023

    Gulf Today, Staff Reporter The Board of Directors of Salik, during its meeting chaired by Mattar Al Tayer, Chairman of the Board, approved the company's audited financial results for...

    UAE is first regionally and 11th globally among the world’s most modern countries

    UAE is first regionally and 11th globally among the world’s most modern countries

    06 Mar 2023

    Gulf Today, Staff Reporter The UAE ranked first regionally and 11th globally in the list of the most modern countries in the world for the year 2023, issued by...

    Four jailed for robbing jewellery store’s worker of Dhs1.48m

    Four jailed for robbing jewellery store’s worker of Dhs1.48m

    06 Mar 2023

    Mohammed Yaseen, Staff Reporter The Dubai Criminal Court sentenced four Asians in their presence and two others in absentia to three years in jail to be followed by deportation...

    WWES set to boost women entrepreneurs

    WWES set to boost women entrepreneurs

    06 Mar 2023

    The Emirates Business Women Council (EBWC) under the Federal Chambers of Commerce is organising the World Women Entrepreneurs Summit (WWES) 2023, a first of its kind initiative. Under the patronage...

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