Category Archives: Featured

Featured

ARAB BANK GROUP PROFITS GROW BY 17% TO $252.8 MILLION FOR THE FIRST QUARTER OF 2024

ARAB BANK GROUP PROFITS GROW BY 17% TO $252.8 MILLION FOR THE FIRST QUARTER OF 2024

Arab Bank Group reported solid results for the first quarter of 2024, with 17% increase in net income after tax reaching $252.8 million as compared to $216.3 million for the same period last year. The Group maintained its strong capital base with a total equity of $11.3 billion.

At constant currency the Group’s loans grew by 7% to reach $37.1 billion, and deposits grew by 6% to reach $49.8 billion.

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FEST Auto and Abu Dhabi University collaborate to accelerate sustainable urban mobility solutions

FEST Auto and Abu Dhabi University collaborate to accelerate sustainable urban mobility solutions

  • FEST Auto supports Abu Dhabi’s ambitions to advance innovations and applications in smart, autonomous, and sustainable urban mobility across air, land, and sea.
  • The global mobility solutions company and electric light commercial vehicle manufacturer is the latest to join Abu Dhabi’s innovation ecosystem by establishing a global headquarters at the Abu Dhabi Global Market (ADGM).
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Thousand mangrove trees to be planted as part of EarthSoul Festival in Dubai

Thousand mangrove trees to be planted as part of EarthSoul Festival in Dubai

The one-of-a-kind eco-conscious fest partners with The Storey Group and Emirates Environmental Group to support global reforestation and habitat protection efforts in the UAE

Dubai, UAE – April 26, 2024 – EarthSoul Festival, in collaboration with The Storey Group, a sustainability-focused business consultancy firm, and Emirates Environmental Group (EEG), an environmental non-governmental organization, has announced the launch of EarthSoul Fest Forest aimed to plant 1,000 mangrove trees in the UAE and support global reforestation and habitat protection efforts.

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Chef Izu Ani’s Iconic ‘Izu Burger’ Opens Restaurant, Marks Delicious Destination in Dubai

Chef Izu Ani’s Iconic ‘Izu Burger’ Opens Restaurant, Marks Delicious Destination in Dubai

Dubai, United Arab Emirates, 26th April 2024: Award-winning celebrity Chef Izu Ani is thrilled to announce the evolution of his celebrated Izu Burger – previously available exclusively through delivery – to its very first permanent location in Box Park, Dubai.

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Union Coop and Ministry of Human Resources and Emiratization Collaborate to Train Emirati Students

Union Coop and Ministry of Human Resources and Emiratization Collaborate to Train Emirati Students

Collaboration to provide training to Emirati students, aiming to enhance their skills and facilitate their integration into the private sector workforce.

Dubai, UAE:

Union Coop, in partnership with the Ministry of Human Resources and Emiratization, recently offered practical and vocational training opportunities for Emirati school students from March 25 to April 5, 2024. This initiative, conducted in collaboration with the Emirates Schools Establishment, saw the training of 5 students initially at the Union Coop branch in Al Warqa City Mall.

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