Deyaar Development PJSC, a prominent Dubai-based real estate developer and service provider, has unveiled its financial performance for the first half of 2023. The results paint a remarkable picture of growth, with the company’s profits surging by an impressive 77%, culminating in a substantial AED 118.5 million. Deyaar Development PJSC, known for its commitment to […]
In the world of cryptocurrencies, Shiba Inu has taken center stage with an impressive 10% surge in value over the past 24 hours. This surge has positioned Shiba Inu as the best-performing coin during this period, leaving other major crypto assets trailing in its wake. As of the latest update, Shiba Inu is trading at […]
Abu Dhabi’s educational landscape is witnessing a positive shift as the results of the Phase 1 National Identity Mark assessment have been unveiled by the emirate’s education regulator. The Abu Dhabi Department of Education and Knowledge (Adek) introduced the pioneering National Identity Mark in May this year, aiming to provide parents with comprehensive insights into […]
Dubai, known as a global hub for gold trading, witnessed its gold prices remain close to the lowest levels seen in almost three weeks. While global rates demonstrated a modest increase, gold rates in the United Arab Emirates (UAE) maintained a relatively stable trajectory. The demand for gold jewellery in the UAE had experienced a […]
In a dynamic day for the tech market, Amazon.com exhibited remarkable resilience by closing up more than 8 percent on Friday. The surge in Amazon’s stock value was attributed to positive signs indicating robust performance in its key growth engines – e-commerce and cloud-computing. This optimistic performance stood in stark contrast to Apple, which witnessed […]
Dubai Health Authority (DHA) has unveiled a unique opportunity for residents to enhance their fitness levels, embrace a healthier lifestyle, and compete for lucrative rewards. The ‘Health and Happiness’ competition, initiated by DHA, encourages participants to adopt healthy habits, prevent lifestyle diseases, and prioritize exercise. With cash and in-kind prizes totaling Dh240,000 up for grabs, […]
Coinbase, a prominent cryptocurrency exchange, has taken a firm stance against the Securities and Exchange Commission’s (SEC) lawsuit, asserting that it does not engage in trading securities and therefore the lawsuit should be dismissed. The exchange maintains that the SEC’s allegations are baseless due to its non-involvement in securities trading. The legal dispute between Coinbase […]
Abu Dhabi’s sovereign investment company, Mubadala, continues its strategic expansion in the digital infrastructure sector with a significant investment in Aligned Data Centres, a prominent pan-Americas data centre company. This move follows Mubadala’s successful $350 million investment in Princeton Digital Group, a leading pan-Asia data centre company, last year. The investment underscores Mubadala’s commitment to […]
Abu Dhabi’s Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) is taking a major step forward in addressing the growing global demand for robotics and computer science expertise by introducing new departments and graduate programs in these fields. These additions align with the university’s commitment to fostering innovation and research excellence in artificial intelligence (AI) […]
Dubai’s pioneering district cooling provider, Empower, has announced a remarkable growth in revenue, EBITDA, and net profit for the first half of 2023. The company’s strategic sustainable model and expanding customer demand have been instrumental in achieving a 6.1% revenue increase, totaling Dh1.22 billion. Empower’s exceptional financial performance is a testament to its unwavering commitment […]