The UAE’s GDP in 2022 at constant prices totalled AED1.62 trillion, achieving a positive growth of 7.9 percent, while totalling AED1.86 trillion at current prices, an increase of more than AED337 …
UAE national banks provide $201bn in financing by April
UAE national banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April, up from Dhs735.2bn a month earlier.
Trio Advise on $888M Saudi Grain Products IPO
Legal Advisors Abdulaziz Alajlan & Partners in association with Baker McKenzie have advised First Milling Company, a Saudi producer of grain products, on its SAR 3,330 million ($888 million) initial …
Julius Baer to Expand Crypto Ambitions With Dubai License
Julius Baer is expanding its crypto wealth management services in Dubai, marking the firm’s first major digital-assets push beyond the borders of its native Switzerland.
What’s next on the road from Paris to Dubai for climate finance
In Paris, the presence of leaders predominantly from the group of countries known as the Global South for the finance summit, co-hosted by Barbados’ prime minister Mia Mottley, has put them in “the …
Dubai-based Orient Finance unveils Demo Trading Accounts
The demo account is accessible around-the-clock and is designed to endorse trading capabilities and skills while facilitating strategy development …
UAE-India Economic Summit to mark opening of SBI Caps office in Abu Dhabi
There will be panel discussions covering topics like startups, sustainability and green energy, capital markets, stressed asset resolution …
Dubai resident scammed off Dh4,848 while ordering burger, fries, drink and toys online
The Dubai Police have earlier reminded the public to be vigilant against fraudsters, especially during holidays when many bogus sites offer big discounts resembling …
Dubai’s Sheikh Mohammed and Sheikh Hamdan share Eid Al Adha 2023 wishes
Dubai rulers and Crown Prince share warm wishes people in the UAE and beyond ahead of Eid Al Adha Dubai’s Sheikh Mohammed and Sheikh Hamdan share Eid Al Adha 2023 wishes Dubai, Eid, Eid 2023, Eid Al …
UAE’s new graduates are having it easy as hiring streak turns red-hot, with finance jobs a prime choice
UAE’s hiring spree extends to fresh graduates with right credentials A career in finance seems to be an obvious preference for UAE’s graduates these days. There will definitely be demand for …
UAE banks reap the benefits of an economic boom
UAE banks reported higher net profits in Q1 2023, as the strong economic growth helped drive an increase in net interest income.
UAE: National banks provide $11.06bln in financing to commercial, industrial sectors over 12 months
National banks had provided $200.89bln in credit to the business and industrial sectors: Central Bank of the UAE …
Celebrities Flocking To The UAE As New Capital Of Plastic Surgery
Celebrities are flocking to the Middle East for the latest in plastic surgery, and it’s all the work of one man…Dr. Bouroui Kotti.
UAE stocks gain AED220 billion in market value in H1 2023
Four new listings boosted the market value of the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), including ADNOC Gas and Presight AI in the ADX, and ADNOC Supply and …
Peninsula’s Abu Dhabi IPO Faces Regulatory Delay
Peninsula Real Estate is facing delays to its planned Abu Dhabi initial public offering as it hasn’t secured regulatory approval yet, according to people familiar with the matter.
UAE stocks attracted $1.5bln of institutional investments since start of 2023
The substantial rise in institutional investments in local stocks confirms the confidence in the UAE’s markets and their future growth potential …
Dubai continues to lure Indian investors
The UAE Ministry of Finance has announced the issuance of Cabinet Decision No. 56 of 2023 on a non-resident person’s nexus in the UAE for the purposes of Federal Decree-Law No 47 of 2022 on the …