UAE lenders’ 1.4x forward price-to-book ratio, exceeding Saudi banks’ 1.3x, is supported by strong growth and healthy balance sheets, despite rate-cut sensitivity.
UAE and Chinese officials seek to boost co-operation in various sectors
Bolstering co-operation between the UAE and China in energy, renewables, infrastructure and other areas was on the agenda on Thursday during a series of official meetings in Beijing. Dr Sultan Al …
How Dubai chocolate went viral and disrupted the global pistachio market
Compartés reports Dubai’s viral chocolate, blending pistachio and tahini, disrupts global markets, spiking pistachio prices and inspiring new products.
Abu Dhabi stages regional premiere of F1: The Movie on bespoke Yas Marina Circuit cinema
Abu Dhabi rolled out the red carpet for the highly anticipated regional premiere of F1: The Movie, delivering an unforgettable cinematic celebration on Yas Marina Circuit, one of the film’s most …
UAE’s Aqua 1 invests $100 million in Trump-linked crypto venture, amid outcry of influence peddling
Aqua 1 Foundation, a new Web3-native fund based in the UAW, announced a $100 million strategic World Liberty Financial, a firm operated by the Trump family.
Shakhboot bin Nahyan attends graduation ceremony of Emirates National Schools in Abu Dhabi campuses
Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, Sheikh Shakhboot bin Nahyan Al Nahyan, Minister …
Jane Street Set to Join Financial Firms Flocking to Abu Dhabi
Jane Street Group LLC has filed with regulators in Abu Dhabi to set up a local office, marking a significant win for the city that’s been pushing to become a global financial hub.
Abu Dhabi Public Health Centre reports success of smart network technology for mosquito control
Abu Dhabi Public Health Centre has announced the success of its pioneering model in mosquito control through smart traps. These traps represent a radical shift in the way mosquito populations are …
Under patronage of Mansour bin Zayed, CBUAE concludes Climate Forum in Abu Dhabi
The Central Bank of the UAE (CBUAE) concluded its Climate Forum today in Abu Dhabi, held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, …
Abbott in partnership focused on producing pharmaceuticals in Abu Dhabi
U.S. multinational company Abbott entered a partnership with Abu Dhabi’s Department of Health to manufacture medicines in the United Arab Emirates capital as part of the country’s effort to strengthen …
Trump’s Crypto Project Gets $100 Million From UAE-Based Fund
A little known crypto fund bought $100 million of World Liberty Financial Inc. tokens, the second Middle East-based investor to put money into the Trump family affiliated decentralized finance …
UAE supercharges AI drive with multi-billion-dollar agenda
The number of AI professionals in the UAE has grown nearly fourfold in just a few years. Dedicated institutions are playing a pivotal role in anchoring the UAE’s growing reputation as an AI hub …
Did humans really live in the UAE 210,000 years ago? Cave discovery at Jebel Faya could rewrite human history
Archaeological discoveries in Sharjah’s Jebel Faya rock shelter have unearthed 80,000-year-old stone tools, the oldest Middle Paleolithic assemblage in the region. This finding positions the UAE as a …
Defeat the UAE heatwave with these 10 cool as ice funwaves that will keep you thrilled
Summer in the UAE brings intense heat, but offers curated indoor experiences blending comfort, culture, and adventure. From Ski Dubai’s snowy slopes to IMG Worlds of Adventure’s thrilling rides and …
UAE: Why it costs more to insure a Chinese car than a Japanese or Korean car
The auto market has witnessed rapid growth of Chinese cars in the UAE roads, but owners face a higher insurance premiums compared to their Japanese and Korean counterparts. UAE motorists pay up to 43 …
Global visitors to UAE spent Dhs217 billion in 2024, says Sheikh Mohammed
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said via the X platform: “In a …
Gulf shares up as Israel-Iran ceasefire holds, Dubai hits 17-year high
Stock markets in the Gulf closed higher on Thursday amid steady oil prices as a ceasefire between Israel and Iran appeared to be holding for a second day.