After much anticipation and curiosity Victory Team announced the signing of Shaun Torrente, a powerhouse in the world of powerboat racing, as part of its lineup for the 2025 F1H2O World Championship together with Alec Weckstrom and Ahmed Al Fahim. This marks a new chapter for the team as they aim to dominate the upcoming
The Ministry of Human Resources and Emiratisation (MoHRE) organised events yesterday for workers across the UAE to celebrate the New Year. Themed ‘Happy Workers, Thriving Business’, the celebrations were held at 18 locations across the UAE and featured various sporting and entertainment activities, competitions, and valuable prizes for participants, including a car raffle. The activities
The UAE’s stock markets experienced substantial growth in 2024, driven by a robust economy, foreign investments, and IPOs. Both the Abu Dhabi Securities Exchange and the Dubai Financial Market saw significant increases in their market cap and trading volumes. This growth solidified the UAE’s position as a leading investment destination in the region. At the
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
