The drilling company’s earnings before interest, taxes, depreciation and amortisation in Q1 2023 reached SAR323m, with a margin of 41.5 per cent
Moody’s Investor Services affirmed Saudi Real Estate Refinance Company’s ‘A2’ long-term issuer ratings and upgraded its outlooks to ‘positive’
The company plans to use the net proceeds from the share sale to strengthen its capital base to support future growth
The company’s EBITDA increased 30 per cent to KD44m, and revenue grew 17 per cent
The authority explained that early corporate tax registration will allow enough time for companies and businesses to comply with their legal obligations
The new office will provide a one-stop solution for Indian businesses looking to expand through Dubai and help them establish a presence in DMCC
The Abu Dhabi-listed firm said its revenues jumped 6 per cent in Q1 2023 to Dhs13.14bn, bolstered by higher bulk supply tariffs and transmission charges
The mission is part of the kingdom’s astronauts’ programme, which was launched on September 22 last year
The inaugural voyage of this autonomous electric abra commenced from Al Jaddaf Station and concluded at the Festival City Station on Dubai Creek
Available in black and white, the Prestige 13 Evo – A13M is a sleek and ultra-lightweight laptop, weighing only 990g
The partnership will enable both organisations to pool their resources and capabilities to offer SMEs a more comprehensive suite of solutions and service
The service sends instant notifications to customers if the smart meter system detects any unusual increase in consumption
Night swimming timelines at the beaches will be from sunset to sunrise, Dubai Municipality said
The daily service between the two destinations will begin from June 30
Recent annual levels have been significantly below this amount, due to industry downturns, the pandemic and the increasing focus on environmental, social and governance issues
The beachfront Le Méridien Al Marjan Island Resort and Spa in the UAE will feature 350 keys
Over 180,000 domestic and international attendees will attend the debut edition of Cityscape Global
The emirate ranked first in attracting FDI projects into sectors such as tourism, business services, financial services, transport and warehousing, consumer products, and software and IT services
The four-day event attracted 4,452 participants from 90 countries as well as 89 organisations working in the field of sustainable development
The venture will manage all international wholesale requirements of Zain and Omantel operations in eight countries
The energy provider said its net profit soared 19.4 per cent quarter-on-quarter and free cash flow stood at Dhs1.04bn
The second offering, dedicated to staffers of Telecom Egypt, started on Sunday and will go on until May 25
AI-powered chatbots have an exceptional track record of enhancing customer interactions, and that record includes measurable and attributable increases to revenue
The committed resources for the fund are aimed at supporting 32 member countries of the bank to achieve 10 of the 17 Sustainable Development Goals
The toll operator reported that revenue-generating trips reached 113.6 million, exceeding the pre-pandemic peak level thanks to the recovery of economic and tourist activity, as well as mobility
Businesses can leverage AI and automation to streamline their operations, reduce costs, improve efficiency and unlock new revenue streams
The country manager for the advanced comms solutions provider shares how artificial intelligence and other tech tools are being employed extensively in the law enforcement sector
Virtual reality therapy has been used to reduce pain and anxiety without costly or potentially addictive medications
The performance is attributed to a strong increase in exchange income from bank notes, pre-paid cards products, operating leverage and rise in transactions through digital channels
Presight will work with the ministry to attract foreign direct investments to new sectors in the UAE, by deploying big data, analytics and AI in education, healthcare, infrastructure and financial services