Abu Dhabi / WAM Emirates Global Aluminium (EGA) and Microsoft UAE on Monday announced their collaboration on Industry 4.0 and broader digital transformation, aiming to set global best practice for the aluminium industry while improving the sustainability of EGA’s computing operations. Both Microsoft and EGA are members of the UAE Ministry of Industry and Advanced Technology’s Industry 4.0 Champions ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) announced on Monday that Muscat Stock Exchange (MSX) has now joined the “Tabadul” platform, the region’s first digital exchange hub, established on the mutual market access model that provides a trading network between stock exchanges regionally. As a result, MSX’s listed securities, along with those ...

  Dubai / WAM Mashreq, a leading financial institution in the Middle East and North Africa, reported its financial results for the year ending December 31, 2022. The bank’s operating profit was AED4.4 billion, a 39.2% increase compared to the previous fiscal year, with a net profit of AED3.7 billion ($1 billion). Mashreq had a growth of 12.1% year-to-date in ...