AUS and Amazon Partner to Drive Innovation in Cloud-Enabled Research
AUS and Amazon Collaborate to Advance Cloud-Powered Research Sharjah, UAE, 1 May 2025 – AUS and Amazon Web Services (AWS) join forces to enhance research. Transforming Research Through Cloud Technologies…
Underground Trains to Reduce Travel Distance at Al Maktoum International Airport
Underground Trains to Transform Travel at Al Maktoum International Airport Fast, Efficient Transport System Planned Dubai Airports CEO Paul Griffiths revealed a new underground trains system at Al Maktoum Airport.…
Profit Dips 12% in Q1 2025 for Dubai’s Mashreq Bank
Dubai’s Mashreq Bank Posts 12% Drop in Q1 2025 Net Profit Net Profit Declines Due to Lower Interest Margins Dubai’s Mashreq Bank reported a 12% drop in Q1 2025 net…
GCC Foreign Equity Investment Doubles to $60B Amid Market Liberalization
GCC Foreign Equity Inflows Surge to $60 Billion GCC foreign equity inflows doubled to $60 billion by end-2024, up from 2022 levels. Strong market reforms and index inclusions drove this…
UAE Petrol, Diesel Prices for May 2025 Officially Announced
UAE Petrol, Diesel Prices for May 2025 Announced The UAE Petrol, Diesel Prices for May 2025 have been officially released by the Fuel Price Committee.The new rates reflect a slight…
Aldar Sees 33% Rise in Profit Before Tax, Hits $599 Million ?
Aldar Reports Strong Financial Growth in Q1 2025 Aldar Properties has reported a 33% increase in profit before tax for Q1 2025. The company reached AED2.2 billion ($599 million), with…
TAQA’s $1.75 Billion Bonds Begin Trading on ADX Today
TAQA’s $1.75 Billion Bonds Start Trading on ADX Today ADX Lists Dual-Tranche TAQA Bonds ADX welcomes the listing of TAQA’s $1.75 billion dual-tranche bond offering today. The bonds begin trading…
Petrol Price Prediction in UAE: Will May 2025 Bring Relief at the Pump?
Petrol Price Prediction in UAE: Will May 2025 Bring Further Relief? Fuel price changes in the UAE matter to every motorist and commuter. Here’s what to expect. Petrol Price Prediction…
First Abu Dhabi Bank Reports 23% Rise in Q1 Net Profit, Surpassing Analyst Expectations
First Abu Dhabi Bank Q1 Net Profit Jumps 23%, Beats Estimates Strong Profit Growth First Abu Dhabi Bank reported a Q1 2025 net profit of AED 5.13 billion. The profit…
Abra Design Secures IP Rights for Solar-Powered Innovation
RTA Secures Intellectual Property Rights for Solar-Powered Electric Abra Dubai’s Roads and Transport Authority (RTA) has secured an intellectual property certificate for its solar-powered electric Abra. The Ministry of Economy,…