Commerz Real, the German firm, has made further progress in expanding the European portfolio of its impact fund Klimavest and has acquired Read More
United Airlines (UAL) has reported a $256 million pre-tax loss, consistent with expectations provided in March, during the first quarter of 2023.Read More
Dubai Islamic Bank Achieves 47% Growth in Total Income in Q1-2023
Dubai Islamic Bank (DIB), the UAE’s largest Shariah-compliant bank, on Thursday announced a 47% increase in total income to $1.2 billion for the Read More
UAE’s M42 to Acquire European Dialysis Clinic Chain Diaverum
Abu Dhabi's M42, a newly created joint venture by Mubadala Investment Company and G42, has acquired Bridgepoint Group's European dialysis clinic chain Read More
Shariah-compliant crypto Islamic Coin Aims to Exceed Bitcoin’s $1 Trillion Valuation
Emerging Shariah-compliant cryptocurrency Islamic Coin (ISLM) aims to exceed Bitcoin’s (BTC) $1 trillion valuation.Read More
Emirates to Increase Flights across the GCC and Middle East Ahead of Eid Al Fitr
Emirates, the UAE’s national carrier, on Tuesday announced expansion of its schedule this week to offer 38 additional flights across six cities Read More
Turkiye and Syria Earthquake Losses Comprise Over Half of Global Economic Losses in Q1-2023
The devastating earthquake in Türkiye and Syria on February 6, whose economic losses were approximately $39.1 billion, drove global natural disaster losses in Read More
Stanchart and IFC Renew Commitment to Boost Global Trade by up to $6 Billion
Standard Chartered (Standchart) and the International Finance Corporation (IFC) have announced the signing of a $700 million investment in the IFC’s Global Read More
G42 And Mubadala Announce Launch of Tech Healthcare Company M42
G42, the leading Abu Dhabi-based AI technology holding group, and Mubadala Investment Company, an Abu Dhabi-based global sovereign investor, on Monday announced Read More
UAE to Make Fresh Investments Worth $2.45 Billion in Brazil
Brazilian President Luiz Inácio Lula Da Silva and his entourage reached an agreement with the UAE which foresees investments worth around $ 2.45 Read More
