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UAE’s Two Major Banks Report Record Profits in Q1-2025

Banks Business Companies Earnings Regional

UAE’s Two Major Banks Report Record Profits in Q1-2025

Global Business Magazine April 29, 2025

In confirmation of the UAE’s robust economic fundamentals, two major banks in the UAE- First Abu Dhabi Bank (FAB) and Abu Read More

Multiply Group Reports Revenue of $159.27 Million in Q1-25

Business Companies Earnings Regional

Multiply Group Reports Revenue of $159.27 Million in Q1-25

Global Business Magazine April 29, 2025

Multiply Group, a leading Abu Dhabi-based investment holding firm and a subsidiary of International Holding Company (IHC), said that its EBITDA for Read More

Airbus and Boeing Face Challenges in Stepping Up Production

Business Aviation Companies World

Airbus and Boeing Face Challenges in Stepping Up Production

Global Business Magazine April 29, 2025

Two major aircraft manufacturers – Boeing and Airbus – are facing an uphill task to increase production as rapidly as they like for a Read More

IHC, ADQ and First Abu Dhabi Plan First Stablecoin

Business Companies Crypto Regional

IHC, ADQ and First Abu Dhabi Plan First Stablecoin

Global Business Magazine April 29, 2025

IHC, ADQ, and First Abu Dhabi Bank (FAB) on Monday announced plans to launch a new stablecoin backed by Dirhams, which will Read More

PIF’s Assets Increase by a Whopping 390% Since 2016

Business assets Companies Regional sovereign wealth funds

PIF’s Assets Increase by a Whopping 390% Since 2016

Global Business Magazine April 28, 2025

Placing itself among the largest sovereign wealth funds in the world, Saudi Arabia’s sovereign wealth fund – Public Investment Fund (PIF) – has Read More

UAB Reports Net Profit of $27.77 Million in Q1

Banks Business Companies Earnings Regional

UAB Reports Net Profit of $27.77 Million in Q1

Global Business Magazine April 28, 2025

The United Arab Bank (UAB) on Monday said that its net profit during Q1-2025 stood at $27.77 million compared with $18.51 million for Read More

EWEC Reconfigures Shuweihat (1) Power Project

Business Agreement Companies Regional

EWEC Reconfigures Shuweihat (1) Power Project

Global Business Magazine April 28, 2025

Emirates Water and Electricity Company (EWEC), a leading company in the integrated planning, purchasing, supply, and system despatch services of water and Read More

Abu Dhabi Ranked Fifth in Crypto Friendly Cities Index 2025

Business Companies Crypto Regional World

Abu Dhabi Ranked Fifth in Crypto Friendly Cities Index 2025

Global Business Magazine April 28, 2025

Abu Dhabi has been ranked as the fifth in the Crypto Friendly Cities Index 2025, according to a new report entitled “The Future Read More

Abu Dhabi’s Real Deals Valued $6.89 Billion in Q1-25

Business Companies Real Estate Regional

Abu Dhabi’s Real Deals Valued $6.89 Billion in Q1-25

Global Business Magazine April 28, 2025

The Abu Dhabi Real Estate Centre (ADREC), an affiliate of the Department of Municipalities and Transport – Abu Dhabi, has reported that the Read More

Borouge to Boost Production Capacity to Over 6.6 MTPA

Business borouge Companies Investments Regional

Borouge to Boost Production Capacity to Over 6.6 MTPA

Global Business Magazine April 28, 2025

Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, on Monday announced a series of strategic asset expansion Read More

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