du, from Emirates Integrated Telecommunications Company (EITC), today announced the launch of educational initiatives designed to foster technological proficiency and innovation among the youth.
Tag: UAE
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FTA approves AED2.45 billion in home-construction tax refunds for UAE nationals
The Federal Tax Authority (FTA) has approved a total of 30,920 applications for Value Added Tax (VAT) refunds worth a total of AED2.54 billion submitted by Emirati citizens for taxes incurred on building new residences since the service was launched and until the end of the first half of 2024.
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Sharjah expands global reach with 18 charity complexes in H1-24
The Sharjah Charity International (SCI) has launched 18 new complexes in different countries during the first half of this year, costing AED6.7 million. This surpasses the 17 complexes established during the same period last year.
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UAE national banks provided AED25.7 billion in credit facilities to business, industrial sectors in 5 months
Credit facilities provided by the UAE national banks to the business and industrial sectors amounted to AED25.7 billion during the first five months of 2024, according to the latest figures released by the Central Bank of the United Arab Emirates (CBUAE).
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Emaar Properties’ revenues reach AED14.4 billion in H1-24
Emaar Properties has released its financial results for the first half of 2024, reporting total revenue of AED14.4 billion ($3.9 billion) and a net profit before tax of AED7.8 billion ($2.1 billion), achieving growth of 17% and 33%, respectively over the same period last year.
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ADNOC Distribution reports net profit of $170 million in Q2 2024
ADNOC Distribution today announced its financial results for the second quarter of 2024. The Company reported a 15.0% YoY increase to $267 million in Q2 2024 EBITDA, and a 12.9% YoY rise in net profit to $170 million.
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Director of MoFA Dubai Office receives credentials of Indonesian Consul-General
Sheikh Maktoum bin Butti Al Maktoum, Director of Ministry of Foreign Affairs (MoFA) Dubai Office, has met with Denny Lesmana, Consul-General of the Republic of Indonesia in Dubai, and received his credentials.
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UAE Ambassador explores strengthening technological cooperation with Colombia
In an effort to further strengthen bilateral relations and cooperation between the UAE and the Republic of Colombia, Mohammed Abdullah Al Shamsi, UAE Ambassador to Colombia, held a meeting with Yesenia OlayaRequene, Minister of Science, Technology, and Innovation of Colombia.
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Etihad Airways reports 48% increase in profits to AED851 million in H1-24
Etihad Airways today announced its H1 2024 results, recording a 48 percent increase in profit after tax achieving AED851 million (US$232 million), a significant increase from AED575 million (US$157 million) in H1 2023.
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Thani bin Ahmed Al Zeyoudi appointed as Chairman of Rorix Holdings
International Holding Company (IHC) has announced the appointment of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as Executive Chairman of Rorix Holdings.