Emirates Integrated Telecommunications Company PJSC (“EITC”) published today its financial results for the first quarter of 2021. It reported:(i) Revenues of AED 2.88 billion, 5.2% higher than the previous quarter,reflecting the Company’s commercial efforts and gradual improvement in the general environment; (ii) an EBITDA of AED 1.12 billion, 8.7% higher than the previous quarter; (c)
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, revealed that it has obtained an issuance license from Visa, the world’s leader in digital payments, making it the first exchange company in the United Arab Emirates to secure such a status. The announcement marked another milestone in Al Ansari Exchange’s efforts to
Having achieved immense success as an expatriate living and working in the UAE for 10 years, Professor Giovanni Bozzetti, a celebrated Italian entrepreneur, educator, manager, author and community worker, has recently published Emirati: Nulla É Impossibile (United Arab Emirates: Nothing is impossible), to share with both the Italian and global business and investor communities an
SellYourMotors.Com, an online peer-to-peer marketplace for pre-owned cars in the UAE expands its footprint in the region, with the opening of its 5th branch at Tunisia Court in Ibn Battuta Mall. The opening provides one more venue for UAE car owners to access an easy, efficient, and hassle-free way to sell their car. As part
Emirates NBD Capital, the investment banking arm of Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa and Turkey) region, has recorded its strongest ever quarter in the debt capital markets. Building on a record year in 2020, Emirates NBD Capital’sdebt capital markets (DCM) team successfully led 24 transactions
The UAE has strengthened its leading position in international competitiveness indexes, related to banking and fiscal policies, by securing places among the top 20 countries in 11 related competitiveness indexes in 2020. This overall achievement highlights the flexibility and attractiveness of the policies implemented by the UAE that support national economic growth. The Federal Competitiveness
The cooperation between the United Arab Emirates and the Republic of India to contain the spread of the COVID-19, is widely seen as a model for constructive cooperation and global synergy in fighting the pandemic and mitigating its humanitarian impacts. The UAE landmarks lit up with the colours of the Indian flag on Sunday night,
