UAE Business

Inflation: the tall, dark stranger of the next 12 months 0
- UAE Business
- July 30, 2021
It’s odd to think that fears over inflation, the ever-present economic element of the 20th century, have been largely packed away for the majority of the 21st. Indeed, in the last 12 years, only one year – 2011 – experienced a growth in the US Consumer Price Index of more than 3 percent. The impact
READ MORE
Crypto corner: Why the coin that started as a joke is no laughing matter now 0
- UAE Business
- July 29, 2021
Token: DOGE Market cap: $26,634,220,397 Current price: $0.21 (July 12th) History: DOGE was initially started as something of a joke by Jackson Palmer, a product manager at the Sydney, Australia office of Adobe Inc. In 2013, he was contacted by Billy Markus, a software developer at IBM, who wanted to create a digital currency. On
READ MORE
UAE telecoms giant Etisalat sees H1 net profit rise to $1.28bn 0
- UAE Business
- July 29, 2021
Abu Dhabi-based telecoms giant Etisalat on Thursday announced that net profit for the first six months of the year rose by nearly 4 percent to AED4.7 billion ($1.28 billion) after paying the Federal Royalty. Consolidated revenues amounted to AED26.4 billion representing an annual increase of 3.2 percent while the Etisalat Group subscriber base reached 156.1
READ MORE

UAE-Israel trade seen pushing $5bn mark by 2024 0
- UAE Business
- July 29, 2021
Federation of Israeli Chambers of Commerce says the UAE could rival Brazil and Russia as major trade partner following signing of Abraham Accords Bilateral trade between the UAE and Israel since the signing of the Abraham Accords last year has reached about $675 million, according to figures released by Israel’s Chamber of Commerce (FICC). The
READ MORE
Dubai bourse sees H1 net profit halve despite rising tide of foreign investors 0
- UAE Business
- July 29, 2021
Dubai Financial Market on Thursday announced that net profit has more than halved during the first half of 2021 compared to the year-earlier period on the back of reduced revenues. The bourse reported a net profit of AED38.8 million compared to AED78.9 million in H1 2020. International investors showing ‘deep confidence’ in Dubai’s bourse, says
READ MORE
Future learning: Democratising schooling through ed tech 0
- UAE Business
- July 28, 2021
There could be few more vital industries to the future of the UAE than education. Like many in the past 18 months, it’s had to adapt and adapt again to coronavirus, especially to ensure the wellbeing of its pupils, staff, and the wider community of parents. From embracing online learning and remote working to transforming
READ MORE