The UAE banking sector delivered a resilient performance in 2024, marked by double-digit lending growth, improved cost efficiency, and a five-year low in risk costs, according to a report by global …
Alvarez & Marsal releases FY2024 UAE Banking Pulse
Cost efficiency and asset quality shone as the cost of risk (CoR) hit a 5-year low at 0.5 percent …
Wio Bank grows over AED 37bln in balance sheet in second full year of operations
Industry-leading Net Promoter Score (NPS) of 74 Abu Dhabi, UAE – Wio Bank PJSC has established itself among the top 10 most profitable neobanks globally and a leading UAE bank for retail and SME …
Dubai Court Orders B.R. Shetty To Pay ₹920 Crore To ICICI Bank
Dubai Bavaguthu Raghuram Shetty, the founder of the UAE’s largest private healthcare chain, has been ordered by the D …
Bybit secured UAE in-principle approval days before $1.4B hack
Troubled cryptocurrency exchange Bybit is making preparations for a full operational license in the United Arab Emirates (UAE) after recently suffering a $1.4 billion hack. Bybit received in-principle …
Sharjah Media City (Shams) Awards Contract for the Design of Shams Studios
SHARJAH, UNITED ARAB EMIRATES / ACCESS Newswire / February 27, 2025 / In line with the directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, …
Arada open to IPO on market growth as $1.52bn Sharjah project sells out in three hours
UAE developer Arada is open to the possibility of an initial public offering in the future, its group chief executive said, after it sold out its new Dh5.6 billion ($1.52 billion) Sharjah project in …
Sharjah Ruler pardons 707 inmates before Ramadan
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has granted the release of 707 inmates from the Sharjah Punitive and Correctional Institution.These …
Sharjah launches first digital taxi service with Yango app, 500 vehicles in trial phase
The Yango app, available for free on iOS and Android in multiple languages including Arabic and English, allows users to book taxis by setting their destination …
Sharjah CP opens Arabian Gulf Mechanical Centre
Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, in the presence of Sheikh Sultan Bin Ahmed Bin Sultan Al …
Financial advisors launch UAE real estate tax guide
A tax advisory firm in the UAE has launched a VAT guide for real estate investors and homebuyers. Dhruva Consultants designed the industry resource as a guide to simplify complex VAT regulations and …
Dubai’s International City Tops UAE’s Most Searched Property
Dubai’s International City has been ranked as the UAE’s most searched-for community, based on an analysis of 149 million property views and 12 million search queries, according to real estate platform …
Dubai’s International City Tops UAE’s Most Searched Property
Dubai’s International City has been ranked as the UAE’s most searched-for community, based on an analysis of 149 million property views and 12 million search queries, according to real estate platform …
DAMAC Properties is rolling out exclusive offers this Ramadan
Take advantage of limited-time deals on some of Dubai’s most sought-after real estate. DAMAC Properties is rolling out exclusive offers this Ramadan. Partner Content. News.
Etihad-SAT: UAE’s newest satellite to help manage natural disasters, detect oil spills
It offers three imaging modes: spot mode for high-resolution imaging of small areas, scan mode for wide-area coverage, and strip mode for extended observation …
MBRSC announces details of the launch of Etihad-SAT, its first SAR satellite
Etihad-SAT represents a significant milestone in MBRSC’s Satellite Development Programme, as it is the first satellite equipped with SAR imaging technology. The advanced capability will enhance the …
From bootstrapped to scale: Venture builder Disrupt.com to invest $100mln to fuel next generation of AI startups from the UAE
As global VC funding retreats, three serial entrepreneurs bet on MENA’s ‘golden moment’ for AI, reinvesting their $350M exit to empower the next generation of entrepreneurs.