Most stock markets in the Gulf ended higher on Thursday, cheered by strong corporate earnings and softer-than-expected U.S. inflation data which encouraged bets of less aggressive rate hikes from the …
Dubai logs highest real estate transactions in 12 years in July
Dubai recorded in July 7,092 realty sales transactions worth AED21 billion ($5.72 billion), which is the best start for the second half of the year in the past 12 years, according to Property Finder, …
Dubai Investments reports net profit of over $99mln in H1 2022
The growth in the profit by over $16mln is mainly driven by the continued strong performance of the Group’s manufacturing, contracting and services segment …
UAE banking system is robust, can withstand severe shocks: Central Bank report
Banks in the UAE have adequate capital and liquidity buffer to withstand severe shocks, the Central Bank said in a report on Thursday. The banking system also has a robust payment system that kept …
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Not so little anymore – The Little Things celebrates their Sapphire Anniversary
The Little Things celebrates their 45-year Anniversary as they continue to revolutionize the pop culture and collectibles scene in the UAE! A unique retail experience store offering a wide range of …
Picture Perfect: Nakheel Selects Winning Photos and Videos of Through the Lens Competition
They came, they saw, they captured. Nakheel announces the winners of Through the Lens, a photography and videography competition in association with Nikon.
Dubai Airports bags gold at Stevie awards for workplace redesign
Dubai Airports has been named the winner of a Gold Stevie Award in the ‘most innovative workplace redesign during Covid-19’ category in the seventh annual Stevie awards for great employers, Dubai …
DEWA announces net profit of Dhs3.30bn for H1 2022
By the end of the second quarter, DEWA served 1,126,121 customers, representing a 5.12 per cent increase from the same time last year.
Tighter real estate regulations key to further maturity of UAE’s vibrant property scene: experts
With this growth momentum only expected to continue in the months to come, several real estate companies have welcomed the UAE government’s recent announcements to tighten real estate regulations …
Dubai: Real estate broker fined Dh50,000 for illegal property ad
A real estate broker in Dubai has been fined Dh50,000 for promoting property without the owner’s consent. The Dubai Land Department said the broker posted advertisements about the property online.The …
UAE: Govt uses AI to predict 7 million patients’ future risk of disease
The functionality predicts the level of risk for an individual patient to develop certain chronic diseases or suffer an acute event. The technology behind Malaffi’s risk managem …
Indian art festival to take place in Abu Dhabi
The Indian Embassy in Abu Dhabi is organising an art festival to mark India’s 75th Independence Day. Azadi Art Festival, the three-day art event, starting August 13, will celebrate Indian art and …
Dubai investments announces net profit of Dhs364m for H1 2022
The growth in the profit was driven by the continued strong performance of the group’s manufacturing, contracting and services segment.
UAE banks can ‘withstand’ severe shocks as global economy evolves: central bank
The national regulator conducted risk analyses through solvency and liquidity tests and supervision to “assess potential vulnerabilities UAE banks can ‘withstand’ severe shocks as global economy …
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UAE banking system can withstand adverse scenarios: Central Bank
The CBUAE projects real GDP growth to further increase to 5.4% in 2022, supported by higher economic activity and higher oil prices …
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UAE banking system can withstand adverse scenarios: Central Bank
The CBUAE projects real GDP growth to further increase to 5.4% in 2022, supported by higher economic activity and higher oil prices …
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UAE economic recovery to continue as financial system remains robust, Central Bank says
Provided by The National The Central Bank’s policies supported the resilience and recovery of the UAE’s financial sector. Photo: UAE Central Bank . Economic activity in the U …
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