Mubadala’s total assets under management in 2024 came to Dh1.2 trillion ($326 billion), with annualised returns of 10.1% over five years. Mubadala Investment Company, the strategic investment arm of Abu…
The reason the direct effects are minimal is because the main GCC exports to the US are hydrocarbons, which President Trump has exempted from duties. As the world complains of…
Al Ansari Financial Services has been dominating digital innovation in the financial services industry. Dubai-based Al Ansari Financial Services (AAFS), one of the leading integrated financial service groups in the…
The investment will help MGX enter the cryptocurrency industry and aims to increase the adoption of digital assets. MGX announced that it has invested $2 billion in Binance, strengthening the…
Alpha Data released a statement on Thursday that they have set a price range of Dh1.45 to Dh1.50 per share. The technology company Alpha Data in the United Arab Emirates…
Zohr facilities will process the gas in Egypt before liquefying at Damietta and shipping it to Europe. Egypt and Cyprus are signing agreements that allow the gas from Cyprus’ offshore…
Aldar’s net profit to equity investors for the 12 months ending in December increased to Dh5.6 billion. Aldar Properties, Abu Dhabi’s largest listed developer, saw a 47% increase in their…
Last year, UAE’s FAB made many impressive achievements due to record-breaking business volumes, successful diversification, and innovation. The largest bank in the United Arab Emirates (UAE), FAB, which is also…
Klickl mentioned that the goal of partnering with IMKAN was to extend the benefits of Web3 technologies into everyday business transactions. Klickl, the Web3 financial platform in the United Arab…
Wam reports that spending is up 2% from the 2024 budget, with salaries and wages accounting for 27% and operating expenses 23%. Sharjah Ruler, Sheikh Dr. Sultan bin Muhammad Al…