Business

ADNOC Drilling announces $262.5 million investor payout after record-breaking quarter

ADNOC Drilling posts $706 million H1 profit as shareholders receive $525 million dividend payout. Dubai: ADNOC Drilling shareholders are set to receive a second-quarter dividend...

Dubai Investments completes acquisition of full ownership in CMC Dubai Hospital

The transaction makes the Dubai Healthcare City hospital a fully owned subsidiary of Dubai Investments. Dubai: Dubai Investments has acquired the remaining 80% stake in...

AU Small Finance Bank increases FCNR deposit rates to 7.40% and NRE fixed deposit rates to 7.60%

Higher FCNR and NRE rates, along with zero-cost remittances, strengthen AU Small Finance Bank’s offering for Gulf-based NRIs. AU Small Finance Bank (AU SFB), India’s...

Could Jeddah Tower claim the title of the world’s tallest building?

Work advances on Saudi Arabia’s 1km tower set to overtake Burj Khalifa as the world’s tallest building. Dubai: Saudi Arabia’s Jeddah Tower has reached a...

Commitbiz celebrates 19 years of helping businesses establish and grow in Dubai

Commitbiz has supported more than 20,000 companies in establishing and expanding their operations across the UAE. As Dubai continues to strengthen its reputation as a...

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