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Category: Business

Emirates Group Reports Record-Breaking Half-Year Profit, Driven by High Demand
Business

Emirates Group Reports Record-Breaking Half-Year Profit, Driven by High Demand

November 7, 2024

DUBAI – The Emirates Group announced its highest-ever half-year financial performance on Thursday, posting a record profit before tax of…

Timur Turlov: Architect of a Global Financial Ecosystem with a Community-Driven Mission
Business

Timur Turlov: Architect of a Global Financial Ecosystem with a Community-Driven Mission

November 7, 2024November 7, 2024

Timur Turlov, born in 1987, is a trailblazing entrepreneur and investor who has reshaped the financial services industry. As founder…

Burjeel Holdings Posts Strong Growth in Q3 2024, Boosted by Patient Demand and Strategic Investments
Business

Burjeel Holdings Posts Strong Growth in Q3 2024, Boosted by Patient Demand and Strategic Investments

November 6, 2024October 24, 2025

Burjeel Holdings PLC, a prominent healthcare provider in the UAE, reported a robust 14.1% increase in third-quarter revenue for 2024,…

UN Warns Lebanon’s Crisis Has Surpassed Severity of 2006 War Amid Escalating Hostilities
Business

UN Warns Lebanon’s Crisis Has Surpassed Severity of 2006 War Amid Escalating Hostilities

November 5, 2024

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has issued a dire warning about Lebanon’s worsening crisis,…

Two Luxury Villas on Al Marjan Island Sold for Dh180 Million, Setting Real Estate Records in Ras Al Khaimah
Business

Two Luxury Villas on Al Marjan Island Sold for Dh180 Million, Setting Real Estate Records in Ras Al Khaimah

November 4, 2024

Two ultra-luxury sky villas on Al Marjan Island have sold for a combined Dh180 million, marking the highest residential sales…

Dubai Stock Market Leads GCC in October with Strongest Monthly Gain, Data Shows
Business

Dubai Stock Market Leads GCC in October with Strongest Monthly Gain, Data Shows

November 3, 2024November 3, 2024

Dubai’s Financial Market (DFM) outperformed its Gulf Cooperation Council (GCC) peers in October, closing with a 1.9% monthly gain to…

Death Toll in Gaza Surpasses 43,000 Amid Ongoing Israel-Hamas Conflict
Business

Death Toll in Gaza Surpasses 43,000 Amid Ongoing Israel-Hamas Conflict

November 2, 2024

The health ministry in Hamas-governed Gaza reported on Saturday that the death toll in the region has reached 43,314 since…

AI Advancements Poised to Accelerate Global Energy Shift Towards Net-Zero, Report Finds
Business

AI Advancements Poised to Accelerate Global Energy Shift Towards Net-Zero, Report Finds

October 31, 2024

In a recent report, UAE energy giants Adnoc and Masdar, along with Microsoft, have highlighted artificial intelligence (AI) as a…

Qatari Delegation Attends US-Qatar Business Council Reception at IMF and World Bank Annual Meetings
Business

Qatari Delegation Attends US-Qatar Business Council Reception at IMF and World Bank Annual Meetings

October 24, 2024

A delegation from Qatar’s Ministry of Finance took part in a reception hosted by the US-Qatar Business Council (USQBC) in…

Majid Al Futtaim Confirms No Increase in Parking Fees Amid New Barrierless System
Business

Majid Al Futtaim Confirms No Increase in Parking Fees Amid New Barrierless System

October 24, 2024

popular shopping malls, including Mall of the Emirates, City Centre Deira, and City Centre Mirdif. The announcement, made on Thursday,…

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