The UAE’s central bank has revised up its forecast for the country’s GDP growth in 2024 by 0.1 percentage points in light of expected improvements in th …
How wealthy Indians are developing an appetite for real estate in Dubai
In recent years, Dubai has emerged as a preferred destination for wealthy Indians looking to invest in real estate. There has been a significant surge in the amount of money wealthy Indians are …
Dubai Intensifies Regulatory Measures for Crypto Marketing
Dubai’s Virtual Asset Regulatory Authority (VARA) is implementing stricter guidelines for the promotion of cryptocurrency investments within the country, marking a significant step towards enhancing …
Abu Dhabi, Dubai CDS drops; reflects fiscal resilience: CBUAE
These developments reflect a robust economic landscape in the UAE, characterised by a solid banking sector and increasing investor confidence …
UAE Central Bank raises GDP forecast for 2024, eyes 6% growth next year
The Central Bank of the UAE has increased its GDP growth forecast for 2024 to 4 per cent from 3.9 per cent previously, reflecting the improved performance of the oil sector.
Dubai study values global digital creative economy at $7.3tn
A Dubai study has valued the global digital creative economy at AED27tn ($7.3tn) and sets the emirate up as a global ub for investment in the sector.
UAE elected to institution for Asian nations focusing on auditing, public finance
Chairman of the UAE Accountability Authority, participated in the assembly, which focuses on enhancing cooperation among Asian nations in supervision of public finance and auditing under the broader …
UAE insurance sector growing with premiums up 31% to $9.72bn in H1
The UAE insurance sector has witnessed ongoing growth in the first half of the year, according to Central Bank data …
Dubai Stocks Confront Regional Risks After Rally to 10-Year High
A rally that’s propelled Dubai stocks into the ranks of the best global performers looks set to cool as geopolitical risks increase and bargain valuations become harder to find.Most Read from …
William Ruto’s Govt Plans to Borrow Over KSh 193.5b from UAE In Budget Support
President William Ruto’s administration held talks with the United Arab Emirates (UAE) to secure over KSh 193.5 billion for the fiscal year 2024/25.
FinTech LIVE Dubai – Speaker Sessions
Rewatch six speaker sessions from FinTech LIVE Dubai 2024 and discover the discussions that sparked innovation for the future …
Dubai real estate: Property prices set to rise in 2024, survey reveals
Dubai 2024 Edition report, which surveyed 1,612 respondents, showed that 72 percent expect property prices to rise over the next 12 months …
UAE: Are banks dodging responsibility for cybercrime?
Ajoy Joseph’s Emirates ID had never left his hands. Yet, a forged photocopy of it was allegedly used to obtain three credit cards in his name, each maxed o..
UAE: No OTP, ID verification? Some residents face up to Dh120,000 debt from credit card fraud
From emptied accounts to fraudulent credit card charges, customers reportedly face blame and recovery agents — instead of solutions …
Saudi Arabia’s MC4 to raise $229 mln after IPO priced at top of range
Saudi Arabia’s Fourth Milling Company (MC4) said on Thursday it is set to raise $229 million from an initial public offering (IPO) on its local stock exchange.
Revealed: Why Ruto’s govt plans to borrow over KSh 193.5b from UAE
President William Ruto’s administration held talks with the United Arab Emirates (UAE) to secure over KSh 193.5 billion for the fiscal year 2024/25.
UAE issues Dh1.1 billion Islamic treasury sukuk for September 2024
The Ministry of Finance (MoF), as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuance and payment agent, announced the results of the auction for Islamic Treasury …