National Bank of Fujairah (NBF) announced on Wednesday, January 29, that in 2024, its net profit before tax increased by 28.9% to AED 934.8 million, a significant increase from AED 725.1 million in 2023.
ATMS Education Group, a leading entity in higher education in the UAE, has announced an investment of AED100 million for the development of a new campus for the University of Wolverhampton in Ras Al Khaimah.
The Mohammed bin Rashid Space Centre (MBRSC) has announced that it has signed a Memorandum of Understanding (MoU) with SpaceData, a Tokyo-based startup that works on research and development for the integration of space and digital, to develop two key digital twin solutions.
The Russian agricultural export development center, Agroexport, announced that Russia’s grain exports reached its highest level in 2024, at 72 million tons.
Al Seer Marine, a subsidiary of the UAE’s International Holding Company (IHC), which operates in the field of investment management, announced its financial results for 2024.
Emirates Islamic, an Islamic bank in the UAE, reported that in 2024, profit before tax reached a record AED3.1 billion, a 46 percent increase over the previous year.
The Sharjah Investment and Development Authority (Shurooq) announced that it has sold 70% of the units in the residential project Ajwan Khorfakkan during the Authority’s participation in the Sharjah real estate exhibition “Acres 2025”.
France has led the way in AI innovation across Europe. The France Digital association announced that by the end of 2024, 751 startups will be operating in this field, a 27% increase compared to the previous year.
Mohammad Saeed Arbabi, CEO of the Chabahar Free Zone Organization, announced that the zone, with its strategic location, has provided significant capacity for Afghan investors and traders.
The Sharjah Chamber of Commerce and Industry (SCCI) has announced the launch of the ‘Business Impact’ podcast during the Sharjah real estate exhibition ‘ACRES 2025’.
Abu Dhabi Islamic Bank (ADIB) announced that its net profit after tax (NPAT) in 2024 reached 6.1 billion dirhams, an increase of 16% compared to 5.25 billion dirhams in 2023.
Group A, a leading real estate developer in the Emirate of Sharjah, announced that it signed 1,06 sales and purchase agreements (SPAs) worth over AED 1.371 billion at the ACRES 2025 real estate exhibition in Sharjah.
Salem bin Sultan bin Saqr Al Qasimi, Chairman of the Ras Al Khaimah Civil Aviation Authority and Chairman of the Board of Directors of Ras Al Khaimah International Airport, said that the emirate is among the busiest air and cargo destinations in the world.
International reports from research firms specializing in construction and infrastructure define the UAE’s position as one of the most active construction markets in the region and the world.
The Dubai International Financial Centre (DIFC) Innovation Hub; Swiss global wealth management firm Julius Baer; and Euroclear, a leader in global financial markets infrastructure, published a white paper on Tuesday, January 28, exploring how technology is changing the way wealth is transferred, particularly in the Middle East.
The Department of Economic Development in Ajman (Ajman DED) has launched the “Investor Statement” project to increase investor awareness and improve the investment environment in the emirate.
Borouge Plc, a leading UAE-based petrochemical company providing innovative polyolefin solutions, announced the signing of new supply and collaboration agreements worth more than $100 million (AED 367 million).
