Mair Group, a strategic investment group focusing on food retail and commercial real estate, has been officially listed on the Abu Dhabi Securities Exchange (ADX) under the trading symbol "MAIR". The company's shares started trading at AED 1.16 per share, with a market capitalization of AED
Dubai [UAE], December 9: In a landmark collaboration, Mulk International from the UAE and India's Ajeenkya DY Patil Group have acquired stakes in Mulk Med Healthcare to become equal shareholders and launch what will be the region's first large-scale virtual hospital of its kind with more tha
In 2024, the UAE continued to lead in international humanitarian efforts, reaffirming its commitment to promoting the spirit of international solidarity and cooperation in all its forms.
The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its commitment to strengthening Sharjah's position as an economic hub during the Sharjah-Pakistan Business Forum. Organised with the newly established Pakistan Business Council, the forum gathered over 200 investors and entrepren
Khalifa Economic Zones Abu Dhabi - KEZAD Group, the largest operator of integrated and purpose-built economic zones and Saudi Arabia-based Delmon Industrial Complex have announced the signing of a 50-year land lease agreement for the establishment of their state-of-the-art plant in ICAD III
Under the patronage and in the presence of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, and in the presence of Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; Sheikh Theyab
A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital and reserves of banks operating within the UAE exceeded AED500 billion for the first time.
The Department of Economic Development in Ras Al Khaimah has reported substantial growth in economic activity. As of September 2024, the total capital of valid licences registered with the department has surged by 15 per cent to AED 9.26 billion, reflecting an increase of AED 250 million com
PureHealth Holding announced strong financial results for the first nine months of 2024, posting AED 1.4 billion in net profit--a 13 per cent increase year-on-year. Revenue surged by 56 per cent to AED 19 billion, driven by increased patient demand and strategic acquisitions, including Sheik
Amid the crisis, the United Arab Emirates (UAE) began mobilising resources to speedily deliver relief materials to people there. UAE President Sheikh Mohamed bin Zayed Al Nahyan announced in the first week of October a two-week aid campaign named "the UAE stands with Lebanon," which was l
NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, has announced its financial results for the nine-month period ending 30th September 2024, reporting an impressive 68 per cent growth in revenues and a 45 per cent surge in net profits compared to the
The Endowments and Minors' Trust Foundation in Dubai (AWQAF Dubai) has announced the distribution of AED 30.4 million in profits from investments made on behalf of minors and those under guardianship for the year 2024.