Category: Business

Seoul: Samsung Electronics Co. said Thursday its first-quarter net profit surged more than fivefold from a year earlier, driven by robust demand for high-end memory chips used in artificial intelligence (AI) applications.

According to Emirates News A…

Dubai: Ahmed Butti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy (DSCE), hosted Jamal bin Huwaireb, CEO of the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), along with his delegation, at the Council’s headquarters…

Toronto: Emirates SkyCargo has launched a weekly freighter service to Toronto Pearson Airport, further strengthening air cargo links between Canada and the UAE. The new service expands cargo connectivity for Canadian businesses and supports growing bi…

Abu dhabi: Ghitha Holding, a subsidiary of 2PointZero, has released its consolidated financial results for the first quarter ending March 31, 2026. Revenue for the period increased by 23 percent year-on-year to AED1.62 billion, fueled by the robust pe…

Dubai: Meraas, a member of Dubai Holding Real Estate, has awarded AED2.4 billion in main construction contracts for new phases of its flagship villa developments, The Acres and The Acres Estates, in Dubailand. This move marks a significant addition to…

Baku: The European Central Bank (ECB) has kept interest rates unchanged, a move in line with market expectations despite mounting inflationary pressures, rising energy prices, and increasing economic uncertainty. The bank decided to maintain the depos…

Abu dhabi: The Central Bank of the United Arab Emirates (CBUAE), in collaboration with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) and Abu Dhabi Commercial Bank (ADCB), has announced the launch of digital bank acco…

Ajman: Salem Al Suwaidi, Director-General of Ajman Chamber, has received Jane Torotich, Consul-General of the Republic of Kenya, to discuss ways to enhance economic cooperation, boost bilateral trade and investment, and support partnership opportuniti…