UAE - Mubasher: Abu Dhabi has ranked among the world's three fastest 5G capitals in the 5G network index, with the fastest median download speeds of 421.26 Mbps in the first half (H1) of 2021, according to the latest data from Ookla, a fixed …
Abu Dhabi – Mubasher: Commercial Bank International (CBI) has achieved net profits attributable to the owners of AED 68.232 million during the first half (H1) of 2021, against AED 15.793 million in the year-ago period, according to the …
Mubasher: Arzan Capital Holding Limited announced that Arzan VC 2 has invested $1.076 million in the shares of the ridesharing app Swvl, which has entered into a definitive agreement for a business combination with Queen's Gambit Growth Capital. …
UAE - Mubasher: The UAE stock markets have ended Thursday's trading session in the green zone. The benchmark index of the Dubai Financial Market (DFM) went up 0.5% to close Thursday's trading session at 2,765.71 points. A total of 126.46 million …
Mubasher: Agility Public Warehousing will invest in the newly formed business combination between Dubai-based Swvl and Nasdaq-listed Queen's Gambit Growth Capital, the first special purpose acquisition company led by women. Agility will be …
UAE – Mubasher: The UAE fuel price committee decided to increase the petrol and diesel prices for August, including a 5% value-added tax. The price of Super 98 will stand at AED 2.58 per litre as of 1 August, compared to AED 2.47 in the previous …
Abu Dhabi – Mubasher: The net profits attributable to the owners of Emirates Telecommunications Group (Etisalat) increased by 3.9% to AED 4.745 billion during the first half (H1) of 2021, compared to AED 4.566 billion in the year-ago period, …
Cairo - Mubasher: Equinox Pharma Holding Limited raised its stake in Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) to 15.39% from 12.68%. The transaction involved the purchase of 20.83 million shares for …
UAE - Mubasher: The maritime leaders in the UAE from the government and private sectors have met to discuss and prepare the UAE candidacy file for the International Maritime Organization (IMO). The in-person event was organised by the Maritime …
UAE - Mubasher: The Central Bank of the UAE (CBUAE) has maintained the Base Rate applicable to the Overnight Deposit Facility (ODF) at 15 basis points, effective from Thursday, 29 July 2021. This decision was made after the US Federal Reserve …
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) reported a surge in the net profits attributable to the equity holders to AED 1.108 billion during the first half (H1) of 2021, compared to AED 587.087 million in the year-ago period, as shown by …
UAE - Mubasher: Swvl, a Dubai-based transport technology startup, and Nasdaq-listed Queen's Gambit Growth Capital have entered into a definitive agreement for a business combination, which will result in Swvl being listed on Nasdaq. Following …
Abu Dhabi – Mubasher: Bank of Sharjah has incurred net losses attributable to the equity holders of AED 466.635 million during the first half (H1) of 2021, against net profits of AED 18.658 million in the same period of 2020, as shown by the …
UAE - Mubasher: Abu Dhabi-based Mubadala Investment Company has invested around $250 million in Nasdaq-listed Certara, specialised in biosimulation. The investment is in line with Mubadala’s strategy to deploy innovation in tackling unmet clinical …
UAE - Mubasher: The UAE government has granted doctors and their families the 10-year residency golden visa to recognise their efforts and scientific competencies, the Emirates News Agency (WAM) reported. This move is in line with the directives …
Dubai – Mubasher: The Commercial Bank of Dubai (CBD) reported a 27.5% rise in net profits to AED 676.055 million during the first half (H1) of 2021, compared to AED 530.431 million in the year-ago period, as shown by the bank's consolidated …
UAE - Mubasher: Dubai Chamber for Digital Economy, one of the three chambers under the newly formed Dubai Chambers, will convene two-day Expand Summit, the region's first of its kind summit, in January 2022 to attract Venture Capitalists (VCs) …
UAE - Mubasher: DP World Limited handled 19.7 million TEU (twenty-foot equivalent units) across its global portfolio during the second quarter (Q2) of 2021, up 17.6% year-on-year (YoY) on a reported basis and 17.1% on a like-for-like basis. The …
Dubai – Mubasher: The net profits of Emirates Islamic Bank jumped to AED 568.714 million during the first half (H1) of 2021, compared to AED 11.846 million in the same period of 2020, as shown by the bank's consolidated interim financials for the …
Dubai – Mubasher: Ajman Bank and Commercial Bank of Dubai (CBD) have concluded Pakistan's $350 million Murabaha syndicated financing. Both banks acted as initial mandated lead arrangers and bookrunners on the facility for Pakistan acting through …
Dubai – Mubasher: The net profits attributable to the owners of Dubai Islamic Bank (DIB) declined to AED 1.853 billion during the first half (H1) of 2021, compared to AED 2.12 billion in the corresponding period of 2020, according to the bank's …
UAE - Mubasher: The net profits attributable to the shareholders of First Abu Dhabi Bank (FAB) increased to AED 5.353 billion during the first half (H1) of 2021, up 11% from AED 4.819 billion in the same half of 2020, according to the bank's …
Dubai – Mubasher: The net profits attributable to the equity holders of Emirates NBD increased to AED 4.78 billion during the first half (H1) of 2021 from AED 4.087 billion in the year-ago period, as shown by the bank's consolidated interim …
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