Category Archives: Business & Investments

Automechanika Dubai celebrates record exhibitor numbers during the 2024 edition   

Automechanika Dubai 2024 showcased 2,229 exhibitors, an increase of 15% year-on-year, representing 62 countries, including 21 international pavilions, highlighting the increased demand from the global market

Captured by Lights In Motion

The latest insights on the successful 2024 edition of the leading automotive aftermarket industry event were revealed during the exhibition’s gathering of advisory board members

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Global dividends jumped to a record $1.75 trillion in 2024

  • Global dividends grew to a record $1.75 trillion in 2024, up 6.6% on an underlying basis
  • Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar
  • 17 countries out of the 49 in our index saw record dividends, including some of the largest payers such as the US, Canada, France, Japan and China
  • Large companies making their first dividend payments made a disproportionate impact – Meta, Alphabet and Alibaba accounted for one fifth of global dividend growth in 2024
  • Globally 88% of companies raised dividends or held them steady in 2024
  • Q4 payouts rose 7.3% on an underlying basis
  • Forecast 2025: Headline growth of 5.0% to record $1.83 trillion, up 5.1% on an underlying basis
Jane Shoemake_JHI

DUBAI, UAE – Global dividends grew to a record $1.75 trillion in 2024, according to the Janus Henderson Global Dividend Index, up 6.6% on an underlying basis. Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar. The result for the year was slightly ahead of Janus Henderson’s forecast of $1.73 trillion, mainly owing to greater-than-expected strength in the US and Japan in the final quarter. Q4 payouts rose 7.3% on an underlying basis.

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Joint Workshop held by the Federal Tax Authority and Microsoft on “Accelerating Innovation with AI”

Dubai, 5 March 2025: As part of its participation in UAE Innovation Month 2025, that took place in February, the Federal Tax Authority (FTA) held a joint workshop on “Accelerating Innovation with AI” in collaboration with Microsoft, a global leader in computing technologies and the world’s largest software maker.

The workshop was attended by Abdulla Al Bastaki, Executive Director of the Information Technology Sector, Chief Executive Officer of Artificial Intelligence, along with several FTA employees and AI specialists from Microsoft, with the initiative aligned with the FTA’s strategic plans to strengthen partnerships with leading institutions and technological companies specialising in IT and artificial intelligence (AI).

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ADIB Group Recognised For Excellence in Information Security and Data Privacy With ISO 27001 & ISO 27701 Certifications

UAE, Abu Dhabi, 5 March 2025:  Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has enhanced its commitment to information security and data piracy by achieving the ISO/IEC 27001:2022 and ISO/IEC 27701:2019 certifications. The certification applies to ADIB’s group operations, including ADIB UAE, ADIB Egypt, ADIB Iraq, ADIB United Kingdom and Saudi Finance Company as well as other companies within the group, demonstrating the bank’s commitment to ensuring the protection of customer data and regulatory compliance across all markets.

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Mastercard signs strategic collaboration with Mashreq to support its launch as a digital bank in Pakistan

The collaboration involves card portfolios across consumer, affluent, and business segments

Dubai, UAE; 05 March 2025: Mastercard has signed a multi-year strategic agreement with Mashreq to support its launch as a digital bank in Pakistan. Announced at a signing ceremony held at Mashreq HQ in Dubai, UAE welcoming leadership from Mashreq and Mastercard, the collaboration is to be on card portfolios across the consumer, affluent, and business market segments.

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