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created 292 millionaires in the first quarter (Q1) of 2024. This achievement highlights an accelerated [...] financial discipline, becoming the quickest to amass AED1 million with an average duration of just 3.5 years [...] This programme empowers individuals to achieve AED1 million in savings through a combination of disciplined

compared to BD1,444,245 for the same quarter of the previous year representing an increase of 62.1 per cent [...] the quarter increased to BD2,624,419 compared to BD1,535,864 in the same quarter of last year representing

for Q1 2024 versus fils 34 for the same period in 2023. Total Comprehensive Income for Q1 2024 [...] BD37.1 million ($98.7 million) for the same period in 2023 – a drop of 25% YoY. Gross Profit for Q1 2024 [...] million) in Q1 2023 – a drop of 10% YoY. Total Equity as of 31 March 2024 stood at BD1,794.9 million

a total of 1,650 announced FDI projects in 2023, a strong growth of 39% compared to the 1,188 FDI projects [...] Dubai has ranked No 1 for attracting global greenfield foreign direct investment (FDI) projects in 2023 [...] Markets’ data, a report said. The city was also No 1 globally within key clusters including consumer goods

exporting members, which grew from 8,848 in Q1 2023 to 9,496 in Q1 2024. This increase reflects the strength [...] effected exports and re-exports in the first quarter (Q1) worth AED73.5 billion ($20 billion), representing [...] representing YoY growth of around 7%. In addition, 1,416 ATA Carnets were issued and received, with a combined

and Al Shagaya Renewable Energy (Phase III) Zone 1 Solar PV Independent Power Project (IPP). [...] completion, it will boast a net power capacity of 1,100MW. According to KAPP, the winning consortium

aggregate net income on a year-on-year (YoY) basis in Q1 2024, with approximately 72% of them set to deliver [...] outperform GCC peers on earnings and loan growth in Q1 2024, while UAE banks will see earnings come under [...] pressured by the introduction of corporate taxes in Q1. Net interest margins (NIMs) are expected to

Global steel demand is projected to rise by 1.7% in 2024 and 1.2% in 2025, according to the London-based [...] This year the demand will see a 1.7% rebound to reach 1,793 metric tonne, stated worldsteel in [...] Steel demand is forecast to grow by 1.2% in 2025 to reach 1,815 Mt with Asian giant India emerging

Saudi Arabia’s Industrial Production Index edged up 1% in February, compared to the previous month, driven [...] sub-index of manufacturing activity, GASTAT indicated a 1.2% month-on-month increase in the second month of [...] management, and remediation activities also rose by 2.1% in February. According to GASTAT, IPI is

and software giant Microsoft today announced a $1.5 billion strategic investment by Microsoft in G42 [...] the UAE and broader region with the investment of $1B in a development fund for developers.   "Our