Board recommends 30% cash dividend Arab Bank Group reported a growth of 52 per cent in net income after tax of $829.6 million for the year ending December 31, 2023, as compared to $544.3 million in 2022. The group’s performance was driven by growth in the underlying business across different markets, as net profit before…
A species each of stingrays and sharks – both considered threatened or endangered – was released into the Arabian Gulf on Thursday morning. Four Honeycomb Stingrays and ten Arabian Carpet sharks were released at the Jebel Ali Marine Reserve as part of the Atlantis Atlas Project that champions marine conservation in the region. This brings…
New Delhi: A 95-member marching contingent and a 33-member band contingent from France participated in the Republic Day parade rehearsal at Vijay Chowk on Saturday as preparations continue in full swing. According to defence officials, French Air Force Rafale fighter jets and multirole tanker transport aircraft will participate in the Republic Day parade, where President of…
Pyongyang: The number of North Korean defectors entering South Korea nearly tripled in 2023 compared to the previous two years, including a higher number of youth and elite, CNN reported, citing Seoul authorities. South Korea’s Unification Ministry recorded 196 defectors entering the country last year, it said in a briefing. Among them, more than half were…
The past year in Hollywood wasn’t just about popcorn and applause, but picket lines and walkouts too. Dual strikes by actors and writers left Hollywood reeling, and the echoes are still reverberating in the once-bustling halls of Tinseltown. But the real hangover lies ahead. The strikes’ shadow stretches ominously into 2024. Some projects, once slated…
Abu Dhabi Police on Thursday issued a warning to motorists regarding the dangers of leaving cars unattended with the engines running. Some residents keep their car engines running and dash out to run errands such as shopping at convenience stores, using ATMs, or offering prayers. Authorities underscored the increased risk of car theft associated with…
Dubai: Dubai has secured the top spot as the No. 1 global destination in the Tripadvisor Travellers’ Choice Best of the Best Destinations Awards 2024 for the third consecutive year, making it the first city to achieve this remarkable milestone in succession. The recognition comes as the city marks the first anniversary of the Dubai Economic…
The Hatta Border Crossing has achieved a milestone as about four million people passed through the Land Ports Passport Control Department last year, the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai told Khaleej Times. Hatta Border Crossing facilitates entry and exit procedures to and from the UAE and connects the country to Oman….
Ajman has announced a ban on the use of single-use plastic bags in the emirate from January 2024. Taking to X, the Ajman Municipality announced the decision that prohibits use of single-use plastic bags in all shopping centres and sales outlets in the emirate. This decision will be effective from January 2024. The law comes…
Two infiltrators attempted to cross into the UAE in tiny iron boxes installed under the rear trunks of two SUVs. The Sharjah Ports, Customs, and Free Zones Authority (SPCFZA) foiled the infiltration bid. The authority did not reveal the customs terminal from where they were apprehended. X-ray scanners revealed the illegals’ hiding spots (look towards…
