The Central Bank of the United Arab Emirates (CBUAE) saw its balance sheet soar to touch AED734.61 billion at the end of January 2024, marking a significant surge in its financial strength. Compared …
Minister, UAE envoy discuss strategies to enhance trade
World Bank identifies hurdles to foreign investment Minister, UAE envoy discuss strategies to enhance trade PM seeks plan to boost exports No reduction in poverty in sight: World …
‘My wife and I are wondering why we came back’ – Teacher’s four years work in Dubai not reflected in pay
A chemistry teacher who spent four years working in Dubai has said he was “heartbroken” when he returned to Ireland and learned his years teaching abroad would not be reflected in his salary. Richie …
Dubai Population Jumps to 3.7 Million in First Quarter of 2024
In the dynamic landscape of the Middle East, Dubai stands as a beacon of progress, continually drawing individuals from around the world seeking …
Standard Chartered picks new investment banking regional heads, source says
Standard Chartered has picked new regional heads for its corporate and investment banking business (CIB), according to a person with knowledge of the matter, as the Asia-focused bank undergoes a major …
UAE corporate tax: Pros and cons of grouping companies
The UAE’s Federal Tax Authority recently issued guidelines on the grouping of companies for corporate tax.With two months until the end of the first corporate tax year, it is worth considering the …
UAE banking system’s capital ratios remained well above capital requirements in Q4-23: CBUAE
The UAE banking system’s capital ratios remained well above the capital requirements at 17.9% for the Capital Adequacy Ratio and 14.9% for the Common Equity Tier 1 (CET1) Ratio in Q4-2023, according …
Watch: Dubai mum on a financial empowerment mission
Financial guru and CEO of a Dubai-based financial education platform (Yabi by Souqalmal), today, Musa is out to change lives. Her practical tips and “proven” methods are aimed at helping people …
UAE’s GDP to grow by 4.2% in 2024, rising to 5.2% in 2025: Central Bank
The Central Bank of the United Arab Emirates (CBUAE) expects the country’s Gross Domestic Product (GDP) to grow by 4.2 percent in 2024, rising to 5.2 percent in 2025, while maintaining its estimate …
Opinion: Why the UAE’s unchecked impunity demands sanctions
Since the outbreak of the civil war in Sudan, there have been allegations that the United Arab Emirates (UAE) has been providing support and weapons to the Rapid Support Forces (RSF) militia.
Indians Travelling to the UAE Can Now Use PhonePe to Make Payments Through UPI
PhonePe has expanded its UPI services to the United Arab Emirates (UAE), offering Indian travelers the ease of making payments.
UAE: Central Bank Projects 5.2% Growth For 2025
The UAE Central Bank has projected a 5.2 per cent GDP growth forecast for 2025 but revised down projection for 2024. According to the four …
Pandora Finance Launches World’s First ERC404 Marketplace and Integrated DEX
Pandora Finance has officially announced the launch of its next-gen ERC404 Marketplace and DEX. This monumental unveiling signifies a major step forward in Pandora Finance’s mission to revolutionize …
UAE Explores Investments in UK’s Nuclear Sector
The United Arab Emirates (UAE) has initiated discussions with European nations, including Britain, regarding potential investments in their nuclear power infrastructure, according to Reuters, citing …
Dubai real estate; Major UAE Golden Visa $272,000 rule change; World Cup 2024 – 10 things you missed this week
Catch up on 10 of the biggest stories in Dubai and around the world this week as selected by Arabian Business editors …
Dubai: What happens if a buyer defaults on payments after buying off-plan property?
I am considering buying an off-plan property in Dubai on a payment plan proposed by the developer. Since I am not taking out a bank loan, what happens if I default on the payments to the …
Best Property Management Company in Dubai | FAJAR REALTY
Dubai’s busy real estate market relies on complex property management. Dubai is one of those cities of the world which vista is constantly changing with residential, commercial, and mixed-use. To …