Business & Money | Tuesday 11 February, 2025 8:00 am

IHC posts robust preliminary full-year 2024 performance with 54.4% revenue growth

IHC, the global investment company focused on building dynamic value networks, has announced its preliminary financial results for the full-year 2024, with revenue surging to AED 92.8 billion, reflecting a robust 54.4% increase compared to AED60.1 billion in 2023. This strong financial...

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Business & Money | Tuesday 11 February, 2025 8:00 am

DEWA announces record annual revenue of AED30.98 bn for 2024

Dubai Electricity and Water Authority today reported its full year 2024 preliminary and unaudited consolidated financial results. DEWA Group recorded consolidated full year revenue of AED30.98 billion, EBITDA of AED15.70 billion and net profit after tax of AED7.24 billion. For Q4, 2024, DEWA Group...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Emirates invests in Airbus Skywise S.FP+, Core X3 digital predictive maintenance solution

As part of its commitment to operational excellence and safety through strategic fleet management, Emirates has signed an agreement with Airbus for the implementation of its Skywise Fleet Performance+ (S.FP+) advanced predictive maintenance and fleet health monitoring solution and Core X3 analytics ...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Second Edition of Japan-Kyoto Trade Exhibition opens in Dubai

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, officially inaugurated the 2nd Edition of the Japan-Kyoto Trade Exhibition at the Dubai World Trade Centre (DWTC). The prestigious event features over 120 Japanese companies and brands, reinforcing the UAE’s position as a...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Ahmed bin Saeed opens largest edition of MRO Middle East, AIME

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, today opened MRO Middle East and Aircraft Interiors Middle East (AIME) 2025, marking the region’s largest event of its...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Grant Thornton UAE opens in Sharjah

Grant Thornton UAE, one of the leading financial services companies, has announced the opening of its new office in Sharjah, in a step that represents a significant milestone in the company’s growth journey and its commitment to serving its clients in the Northern Emirates and across the...

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Business & Money | Monday 10 February, 2025 12:59 pm

Online PR Service B2Press Increases Revenue by 90% in 2024

Online PR service B2Press offers press release distribution across more than 50 countries with over 25 media partners and has shared its 2024 performance overview. Over the past year, B2Press distributed more than 2,000 press releases globally, increasing its revenue by 90% in euros and growing its ...

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Tourism & Hospitality | Monday 10 February, 2025 11:32 am

Moscow Expands Tourism Opportunities for Kuwaiti Visitors

Kuwait City, Kuwait – The Moscow City Tourism Committee has launched an official visit to the Middle East in early February, reinforcing its commitment to fostering long-term partnerships in tourism. The delegation is focused on increasing visitor flows and strengthening ties with key markets,...

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Business & Money | Monday 10 February, 2025 10:59 am

Azizi Developments sponsors 6th meeting of the Dubai Racing Carnival

Azizi Developments, a leading private developer in the UAE, is sponsoring the sixth meeting of the Dubai Racing Carnival on Friday, February 7th, at the Meydan Racecourse, covering all nine races. Building on its long-standing 8-year partnership with the Dubai Racing Club, this commitment also...

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Business & Money | Monday 10 February, 2025 10:50 am

New Murabba Participates as Platinum Partner in the Retail Leaders Circle (RLC) Global Forum 2025

New Murabba, a PIF company, participated as a Platinum Partner in the Retail Leaders Circle (RLC) Global Forum 2025, held in Riyadh This year’s theme "Rebuilding A Shared Future," resonated deeply with New Murabba's vision for the future of retail and mixed-use developments. Partnering with RLC,...

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