News

Reuters Agency reported that Lulu Company is about to issue 25% of its total shares in the market, indicating new steps in its economic growth.

European stocks fell on Monday as investors await earnings reports from major companies and monitor rising tensions in the Middle East.

On Monday, Dubai recorded real estate transactions worth 5 billion AED stemming from 1,451 actions, according to data from Dubai Rest.

Mudin Company announced the launch of a new project focused on the development of modern communities and recreational sports facilities in the United Arab Emirates.

The Ras Al Khaimah Economic Zones Authority (RAKEZ) continues to enhance its status as a leading destination for global investment, attracting more businesses.

The local stock markets in the UAE attracted a new market value of 35.3 billion dirhams, reflecting the increasing confidence in the local economy.

RAK Bank, the National Bank of Ras Al Khaimah, reported strong financial results for the first nine months of 2024, recording a net profit of 1.68 billion dirhams after tax.

The Abu Dhabi Free Zone has signed a concession agreement with Radius Group, a specialist developer in industrial and logistics companies, aimed at enhancing investment opportunities.

The CEO of Masdar, Mohammed Jameel Al Ramahi, stated in an interview with the 'Financial Times' about new strategies to enhance renewable energy projects in the UAE.

Ras Al Khaimah Ceramics has signed a framework agreement with Shoba Constructions to enhance collaboration in the construction sector, aiming for economic growth.

The Abu Dhabi Chamber of Commerce and Industry announced new appointments in the board of the Abu Dhabi International Arbitration Center, enhancing its governance and strategic direction.

The Economic Development Department in Sharjah organized an awareness workshop titled 'Industrial Technological Transformation Index' in collaboration with the Ministry of Industry and Advanced Technology.