Dubai's share of clean energy at 12.8% of total installed capacity: DEWA
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that the entity has added…
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e& reports consolidated net profit of $680mln for Q3 2022, up 1.9%
e& (formerly known as Etisalat Group) has announced its financial results for Q3 2022, reporting consolidated revenues of AED 13.0…
Central banks are stocking up on gold as demand reaches pre-pandemic levels
Global demand for gold has returned to pre-pandemic levels, driven by stronger central bank buying and demand from consumers, and…
Dubai office rents likely to rise in ‘double digits’ over next 12 months
The cost of leasing offices in Dubai is expected to rise significantly over the next several months due to supply…
Saudi ACWA Power seals deal for 10GW wind project in Egypt
Saudi ACWA Power Company has signed a memorandum of understanding (MoU) with the Egyptian New and Renewable Energy Authority and…
UAE, US sign partnership to invest $100b to produce 100GW of clean energy
The UAE and US have signed a strategic partnership agreement to invest $100 billion in producing 100 gigawatt of clean…
How Dar is shaping sustainable policy solutions for the built environment
The global UN climate conference for 2022, COP 27, will convene in Sharm El Sheikh, Egypt from November 6-18. While…
How one UAE-based fintech is looking to process $200bln in trade finance
Access to finance is one of the biggest obstacles to business growth for small and medium enterprises (SMEs), according to…
Arab Bank’s profit for first 9 months up nearly 50% on higher interest, loans
Arab Bank Group’s profits have jumped by nearly 50% on the back of higher interest and commission income, as well…
At $1,650 levels, gold is getting back consumer attention as safe haven
Global consumer demand for gold jewellery had its best quarter in some time as prices dropped 8 per cent during…
Sharjah announces changes to real estate ownership law for expats
His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Law No. (2)…
Dubai records over $1.04bln in realty transactions on Monday
Dubai real estate market recorded 625 sales transactions worth AED1.67 billion, in addition to 101 mortgage deals of AED276.37 million,…