
Microsoft invests $1.5bn in UAE-based G42
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
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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
AED3 billion and AED4 billion ($817 million and $1.09 billion) that target critical sectors like energy [...] construction at the City is estimated at around AED1 billion, including the Masdar City Complex and ‘The
of 50 fils per share amounting to AED4.4 billion ($1.2 billion) for 2023. This dividend underscores
recorded increases of 27.9%, 24.0%, 18.0%, 11.1%, and 1.9%, respectively. As a result, these cities’ RevPARs [...] 22% compared to the previous year, with a total of 1.30 million visitors. Similarly, Dubai experienced [...] representing a year-on-year increase of 10.9% and a 9.1% rise from the 2019 level. In the year-to-date
Authority (LMRA) announced the implementation of 1,523 inspection campaigns and visits, during the week [...] violations. The authority pointed out that 1,512 inspection visits were carried out on various [...] dvisitsduringlastweek.aspx?cms=q8FmFJgiscL2fwIzON1%2bDlzUuMFe794fjKTOzJ7Z6aU%3d
exceeding by 36% pre-pandemic levels in Q1 2024, or 4% above Q1 2023. This follows an extraordinary performance [...] pre-pandemic levels in a quarter for the first time (+1% from Q1 2019). The region recorded 120 million international [...] the first quarter of 2024 than in Q1 2019, and 13% more than in Q1 2023. * The Americas practically
more than 24,050 registered VAT payers and more than 1,225 stores registered for tourists’ refunds. [...] 63/NBR-inspections-unearth-36-VAT-violations-in-Q1-2024-
profits to $52.7m in Q1 2024, compared with $51.7m in Q1 2023. Beyon led the way with Q1 net earnings of $49 [...] reaching $14.5bn in Q1-2024. This translates to a $1.5bn increase compared with Q1 2023. Although quar [...] year-on-year jump in total Q1 net profits to $287m, compared with $210.1m a year earlier. This rise was
Bahrain, announced the successful completion of a $1.2 billion refinancing package. The financing [...] production capacity. The plant boasts a capacity of 1,234 megawatts (MW) of power and 48 million imperial
knowledge sharing, they stated. More than 1,300 local and international exhibitors will be showcasing [...] events. "The coming together of more than 1,300 exhibitors from 47 countries at the event responds