The UAE Fuel Price Committee has approved the fuel prices for January 2025 as follows: – Diesel: AED2.68 per litre. – Super “98”: AED2.61 per litre. – Special “95”: AED2.50 per litre. – E-Plus “91”: AED2.43 per litre.
His Excellency Abdulla bin Touq Al Marri, Minister of Economy, has asserted that the preliminary estimates of the UAE’s GDP in the first half of 2024, issued by the Federal Competitiveness and Statistics Centre, reflect remarkable economic growth and competitiveness, solidifying the country’s position as a leading economic power and a premier destination for business
Al Ansari Financial Services PJSC (DFM: ALANSARI), one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange L.L.C., and Halan, the leading regional fintech company, are pleased to announce that they have entered a strategic partnership aimed at empowering the underbanked and unbanked populations in the UAE
SHUAA Capital has announced the approval of two Mandatory Convertible Bond (MCB) tranches by its Board of Directors, with a total value of up to AED425.5 million. This marks the final step in SHUAA’s capital optimisation journey, reinforcing its strategic focus on delivering value to shareholders. The issuance remains subject to approvals from shareholders and
The Mohammed Bin Rashid Housing Establishment (MBRHE) has organized today its annual employee ceremony for 2024, which was held at the InterContinental Dubai Festival City. The event was conducted under the patronage of H.E. Omar Hamad Bu Shehab, CEO of the establishment, and attended by the leadership team, department directors, and a large number of
The Family Development Foundation’s (FDF) ‘Positive Parenting’ platform achieved remarkable engagement from community members in the second half of 2024. During the period, the platform reached and supported more than 41,000 users by providing them access to more than 207 informative scientific materials. The platform seeks to build a positive and secure relationship between parents
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced that it has won ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’ at the MEA Finance Awards 2024. The bank was recognised as ‘Best Islamic Bank for SMEs’ for its strong proposition for small and medium enterprises (SMEs) and its
