Bob Mart International Loses $33 Billion

Bob Mart International has suffered significant market losses of around $33 billion, marking one of the most substantial waves of decline in its stock value.

Bob Mart International has incurred market losses estimated at around $33 billion, amid one of the biggest waves of decline in its stock. This is happening amid escalating...

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2026-04-02T13:23:13+00:00

DEWA to pay AED 3.1 billion in dividends

Dubai Electricity and Water Authority (DEWA) has secured shareholder approval for AED 3.1 billion in dividends for the second half of the year, confirming its financial strength.

Economy Local

2026-04-02T13:21:19+00:00

XBase Announces Significant Development

XBase, a brokerage and virtual asset trading services provider, has announced a significant development. This marks a new phase in the company's growth and is expected to positively impact the virtual assets market.

Economy Events Local

2026-04-02T10:26:18+00:00

Dubai Islamic Bank Holds Annual General Meeting

Dubai Islamic Bank held its Annual General Meeting (AGM), where shareholders reviewed and approved all agenda items. These included the bank's financial statements for the year ending December 31, 2025, and the board of directors' recommendation to distribute cash dividends at a rate of 35 fils per share.

Economy Politics Local

2026-04-02T10:25:04+00:00

FlyDuboi Resumes Flights to Chittagong

FlyDuboi airline has announced the resumption of direct flights to Chittagong, Bangladesh, from April 1, 2026. This step is aimed at strengthening the company's position in the Bangladeshi market and developing air connectivity between Dubai and key cities in the region.