Dubai Investments, listed on the Dubai Financial Market, announced a net profit attributable to shareholders after tax of AED119.96 million for the first quarter of 2024, compared to AED314.44 million in the corresponding period last year.
Category: Economy
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Etihad Cargo fully prepared for UAE-PLACI
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has announced its complete readiness for the UAE Pre-Loading Advance Cargo Information (PLACI) regulations, ensuring that partners and customers will experience no disruptions in their shipments.
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Zayed International Airport discusses strengthening economic and tourism relations between Abu Dhabi and Shanghai
Today, Zayed International Airport received a high-level Chinese delegation, as part of the launch event of the “Meet in Shanghai” initiative, which is an interactive initiative that will be held from May 6 to 20, to encourage travelers to travel on an exciting trip. To the heart of Shanghai, a global city with a unique culture and ancient civilization.
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Gold loses $8 in spot transactions
Gold prices declined during today’s trading, losing about $8 in spot transactions.
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The Emirates Group records annual profits of 18.7 billion dirhams
The Emirates Group achieved record annual profits amounting to 18.7 billion dirhams (5.1 billion US dollars), a growth of 71% compared to the previous year’s profits amounting to 10.9 billion dirhams (3 billion dollars).
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DEWA’s R&D Centre publishes 221 scientific, research papers in international forums by end of 2023
Dubai Electricity and Water Authority (DEWA)’s Research and Development (R&D) Centre published 73 Scopus-indexed scientific and research papers in 2023 in several international scientific conferences, peer-reviewed journals, and periodicals. This brings the total of scientific and research papers published by the centre to 221 until the end of last year.
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CEPAs play key role in surging FDI inflows to UAE: ADIO official
The UAE is attracting an increasing flow of foreign direct investment (FDI), driven by several factors, among which a network of Comprehensive Economic Partnership Agreements (CEPAs) with global partners is particularly significant, according to Massimo Falcioni, Chief Competitiveness Officer (CCO) at Abu Dhabi Investment Office (ADIO).
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Tokyo stocks rise in morning
Tokyo stocks were modestly higher on Thursday morning, reported Kyodo News.
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Minister of Energy and Infrastructure tours rain-affected areas
Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, toured a number of areas, federal roads, and dams on the eastern coast that were affected by the unprecedented rainfall the UAE experienced in April.
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Presight partners with ADNOC and acquires AIQ
Presight recently announced its acquisition of a controlling stake in AIQ, the AI for Energy joint venture established in 2020 by ADNOC and G42.