Ajman Bank on Wednesday that it delivered its highest annual profit before tax in its history of Dh440 million for 2024, with a growth of 213 per cent comp..
UAE issues limited edition silver coin to mark Central Bank’s 50th anniversary
The reverse of the coin features an illustration of the CBUAE building, along with the phrase “50 Years of the Central Bank of the UAE” on the upper and lower edges in Arabic and English, the years …
UAE Central Bank issues silver commemorative coins marking its Golden Jubilee
Staff Reporter In commemoration of the Central Bank of the United Arab Emirates (CBUAE) Golden Jubilee, the CBUAE has announced the issuance …
Oman’s Asyad Group plans to sell at least 20% of shipping unit via IPO
Oman’s state-owned logistics firm Asyad Group plans to offer investors shares in its shipping unit through an initial public offering (IPO), it said on Wednesday, as part of the Gulf country’s …
Ssangyong E&C wins $222.6 million deal in Dubai
Ssangyong Engineering & Construction said Wednesday it has won a 320 billion won ($222.6 million) deal to construct a premium office building in Dubai.
Mastercard, ruya collaborate to bring innovative digital products to UAE’s Islamic banking landscape
The bank will benefit from the services of Mastercard Advisors, which employs more than 3,000 consultants in 53 countries …
The world’s most valuable brands revealed, includes these UAE firms
The Global 500 report showed that the total value of the world’s 500 most valuable brands has grown by 10 per cent year-on-year …
UAE: How fintech startups make investing accessible to women, build financial literacy
A survey showed that women are increasingly interested in investing, with 62 per cent of respondents seeking more details on investment opportunities …
Dubai Police investigate $1.1bn of money-laundering cases
Dubai Police has addressed 500 money laundering cases over the past three years (2022–2024), reinforcing its role as a key player in the UAE Ministry of Interior’s efforts to counter organised and …
Davos 2025: UAE companies excel in Brand Finance’s Global 500 2025
ADNOC maintained its position as the most valuable brand in the UAE for the seventh consecutive year. Remarkably, ADNOC’s brand value increased by 25% compared to the previous year, reaching $18.9 …
S&P: $14.4 billion of Sukuk issuances in UAE in 2024
In 2024, the volume of Sukuk issued by UAE based issuers reached $14.4 billion, according to S&P Global Ratings.Speaking to the Emirates News Agency (WAM), Mohamed Damak, Managing Director and Global …
UAE: Ministry of Finance organises workshop to promote PPP projects
The workshop aimed to equip entities with the tools necessary to identify and evaluate eligible partnership projects, in line with the recently updated partnership manual issued by the ministry …
Dubai real estate: East & West Properties’ $680mn residences sell out in record time
Buyers from 25 countries have invested in the Dubai project, with the majority coming from Russia, UAE, Turkey, China, Hungary, Netherlands, Canada, India, Madagascar, and Iran …
Dubai RTA awards $408m contract for Al Fay Street Development Project
The development includes the construction of five key intersections, with a combined 13,500m of bridges and 12,900m of roads.
Ministry of Finance organises workshop to promote PPP projects
Federal entities participate, including ministries and entities from education, health, investment, and social sectors …
Dubai’s Mashreq enters Oman’s growing banking sector
Oman’s banking industry has more than doubled in size since 2013 but may lack the scale to meet state financing needs, experts told AGBI last October, with lenders already stretched in terms of their …
Hedge Funds Adjust Oil Market Strategies Amid Middle East Tensions
Dubai Hedge funds are recalibrating their positions in the oil market as geopolitical tensions in the Middle East introduce new uncertainties. The recent escalation of conflicts, particularly …