e& reports record performance for 2024
e& (formerly Etisalat) has posted financial results for 2024, reporting a consolidated net profit of $2.9bn, marking a 4.3% increase year-over-year.
Economy
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Economy
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Dubai leader in infrastructure safety
Encardio Rite is set to host Safe Dubai 2025 on February 27th at The Grand Hyatt Dubai to address the city’s ongoing urban development efforts and reinforcing its position as a global leader in infrastructure resilience and safety.
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Real Estate
Deyaar launches Aya Residences
Leading UAE real estate developer Deyaar Development has launched its first-ever residential project in Umm Al Quwain.
Economy
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Emirates SkyCargo wins global award
Emirates SkyCargo has been awarded the title of ‘International airline of the year’ at the STAT Times International Awards for Excellence in Air Cargo. The award highlights the airline’s crucial role in shaping global logistics and facilitating international trade.
Economy
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Bahrain logistics platform expands to KSA
Digital logistics platform Parcel has announced its expansion into Riyadh, having already revolutionised delivery services for over 3,000 businesses in Bahrain and completed more than 1.5 million deliveries.
Economy
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UAE SMEs enter 2025 with optimism
SMEs in the UAE are entering 2025 with strong confidence, driven by a thriving digital economy, strong government support and improved financial access, according to the latest Mastercard SME Confidence Index.
Economy
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UAE ranks 10th globally in soft power
The UAE has secured 10th place in the Global Soft Power Index 2025, marking a significant milestone in its global influence. The annual index, published by Brand Finance, evaluates 193 countries based on insights from 173,000 business leaders and policymakers.
Economy
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Real Estate
Aldar unveils nature-inspired community
Real estate development company Aldar has launched The Wilds, a Dubai residential community that harmonises modern living with nature, creating and environment for families while preserving local wildlife.
Economy
Entrepreneur
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New UAE ‘business opportunities visa’
Global investors, entrepreneurs, skilled professionals and financiers can take advantage of the ‘business opportunities visa’ to explore UAE-based opportunities. The invitation to apply was extended by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP), and is expected to attract entrepreneurs from around the world.
Economy
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UAE defies global decline in trust
In a new report on trust and confidence, the UAE has far outperformed the global average. According to the latest Edelman Trust Barometer, 82% of UAE respondents trust their government - a figure which far surpasses the global government trust average of 52%.