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UAE’s first large-scale methanol plant obtains $2 billion financing package

Business Staff Writer -
Financial close brings the TA’ZIZ methanol project in Ruwais closer to its targeted 2028 start-up. Dubai: TA’ZIZ has secured $2 billion in financing for the...

Emirates Group reports record revenue and profit despite disruption in the latter part of the year.

Business Staff Writer -
Group reports record revenue and cash levels despite airspace disruptions in the latter part of the year. Dubai: Emirates Group has retained its position as...

Eid Al Adha: UAE travellers face surging summer airfares as jet fuel prices rise alongside them.

Business Staff Writer -
The upcoming Eid break later this month is expected to be one of the most expensive summer travel periods in years. Dubai: UAE residents planning...

How is Dubai safeguarding investors, supply chains, and businesses during periods of conflict?

Business Staff Writer -
Government fee deferrals and alternative trade routes are helping to reduce pressure on companies. Dubai’s economic priorities have remained unchanged despite pressures on oil, shipping,...

Bank of Sharjah reports record performance, posting a net profit of Dh151 million.

Banking Staff Writer -
The bank recorded strong double-digit growth in assets, loans, and deposits, supported by disciplined cost management. SHARJAH: Bank of Sharjah announced its financial results for...
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UAE dirham symbol added to Unicode, opening path to smartphone keyboards

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New digital standard allows companies to add the symbol...

Philippine Airlines’ Dubai-Manila flights return October 2 with 50% off base fares

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Passengers can avail of the special discount by using...

UAE leaders congratulate Saudi King and Crown Prince on 96th National Day

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Saudi Arabia marked a series of development, economic and...

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