Dubai Taxi Company PJSC (DTC), today announced its financial results for the year ended 31st December 2023, delivering a strong performance while also completing its landmark listing on the Dubai …
BHM Capital CEO lauds UAE’s commitment to strengthening financial systems as it fulfills FATF recommendations
Al Sa’di said that BHM Capital prioritizes rigorous risk assessment through strict client and transaction evaluations …
DTC’s first post-IPO result sees 11% revenue growth to $530mn
Abdul Muhsen Ibrahim Kalbat, DTC Chairman, added: “Our strong inaugural set of results following our successful IPO on DFM in December 2023, highlights the strength of our business, which is …
UAE bank ADIB’s shareholders get ‘enhanced’ dividend for 2023 after record Dh5b plus net profit
Abu Dhabi bank had cleared Dh5b in 2023 net profit, set dividend at 71 fils/share Dubai: Coming up for ADIB shareholders is a Dh2.59 billion payout, after the board of directors got the necessary …
Dubai travel: Discounts, flexible payment plans for citizens
UAE citizens can now avail of unique offers, discounted travel, flexible payment plans, and other travel benefits to popular and trending honeymoon destinations following a partnership between dnata …
UAE participates in G20 Finance Ministers and Central Bank Governors meeting
The United Arab Emirates, represented by the Ministry of Finance and the Central Bank of the UAE, participated in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under …
UAE ranks 1st globally in strong and stable economy indicator
T he UAE ranked 1st in the ‘Strong and Stable Economy’ indicator, while the country continues to hold its position at 10th place at the Brand Finance Soft Power Index 2024 for t …
New Islamic bank to launch in UAE
Ruya, a modern digital-native Islamic community bank, on Thursday announced its plans to launch in the UAE market, with its first community banking centre and head office located in the Marsa area in …
UAE holds firm at 10th place globally in Brand Finance Soft Power Index 2024
UAE: –The UAE continues to hold its position at 10th place at the Brand Finance Soft Power Index 2024 for the second consecutive year, standing as the only Gulf nation among the world’s top 10 soft …
UAE gets 10/10 for ‘strong and stable economy’ in world rankings
The UAE is viewed as the world’s most “strong and stable economy”, boosting its standing in the leading global soft power ranking, it was revealed on Thursday. Saudi Arabia is also enjoying “stronger …
Dubai’s Housing Boom Prompts Emaar to Start $21 Billion Project
A Dubai-based developer, best known for its work on the world’s tallest tower, is splashing out 96 billion dirhams ($21 billion) to build two luxury neighborhoods in the city and capitalize on the …
Morgan Stanley opens Abu Dhabi office, expanding Gulf presence
Morgan Stanley is opening an office in Abu Dhabi, adding to its regional presence and joining a string of other global investment banks that have set up offices in the United Arab Emirates (UAE) …
Emirates Development Bank underlines its role in UAE’s economic evolution at third Investopia Summit
Emirates Development Bank (“EDB”, the Bank), the key financial engine for economic development and industrial advancement in the UAE, has highlighted it …
Ajman Bank Signs MOU with KPMG for Developing a Robust ESG Framework
Ajman Bank, a leading Islamic financial institution in the UAE, is proud to announce its strategic partnership with KPMG ESG Services, marking a significant milestone in its commitment to …
Dubai Health Authority And Dubai Islamic Bank Sign Agreement To Support Medicine And Science Programme With AED 12.12 Million
UAE: Do you manage to save 25% of your monthly salary?
Over 82 per cent of UAE residents believe that allocating up to a fourth of their monthly income is sufficient for their future retirement plans, a survey has found. Most of the residents were, …
Dubai’s economy shows no signs of slowing even as world ‘contends with uncertainty, subdued growth’
Dubai’s appears to be going from strength to strength as the city focuses unwaveringly on its D33 agenda, which aims to double the size of the emirate’s economy over the next decade, and reinforce its …