GDP growth in the GCC is projected at 3.5 per cent in 2025. Interest rate cuts, together with further investment and structural reform initiatives, will mean non-oil growth of over 3.4 per cent in the …
Nearly half of UAE consumers have fallen for a scam, study shows
While 59 per cent of surveyed consumers in the UAE have some degree of confidence in their own ability to spot fraud, 92 per cent worry their family or friends might fall for a scam …
Dubai: Gold prices touch new highs in early trade.
Gold prices hit a new record in Dubai, crossing $3,015 per ounce. Discover the latest trends and insights driving the surge. At 9am, 24K was trading at Dh362.75 per gram …
Best UAE Stocks to Buy in 2025
The United Arab Emirates (UAE) has established itself as a global business powerhouse, attracting investors with its strong economy, strategic location, and innovation-driven policies.
Empowering savers, building wealth: National Bonds strengthens commitment to financial prosperity
National Bonds’ investment portfolio surges to AED 15.8 billion with 22% growth in 2024, reinforcing commitment to financial well-being and sustainable growth …
Emirates Islamic Bank issues mandate for 5-year US dollar Reg S sukuk
The UAE’s Emirates Islamic Bank (EIB) has mandated lenders for a dollar-denominated Regulation S five-year fixed rate sukuk, which will be issued under its $4 billion Certificate Issuance Programme.
Dubai Investments posts AED1.3 bn pre-tax profit for 2024, up 21% YoY
Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market (DFM), announced a net profit before tax attributable to shareholders of $354 mn (AED1.3 bn) for …
The Dubai 100: The ultimate 2025 power list drops on 24 March, are you ready?
Influence in Dubai shifts with the velocity of its economy – accelerating, breaking barriers, and redefining what is possible. If you want to understand how Dubai stays ahead of the world, start with …
Dubai Chamber of Commerce reports record growth with 70,500 new members in 2024
The financial intermediation sector welcomed 1,830 new members, also growing at a rate of 8.3 percent. Dubai Chamber of Commerce operates as one of three chambers under the Dubai Chambers umbrella, …
Dubai commuters to get smarter Nol system with digital wallets, bank card payments
Dubai’s Roads and Transport Authority (RTA) has completed 40 per cent of the Nol system upgrade. This revamp will transition from the existing card-based ticketing system to the more advanced …
IAESIR Revamped AI-Powered Hedge Fund with Expanded Security and New Compliance Features
DUBAI, AE / ACCESS Newswire / March 14, 2025 / As financial markets become increasingly unpredictable, investors are seeking more reliable, …
UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50
Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.
Ripple gains licence for crypto payments in UAE
Ripple has become the first blockchain payments firm to secure a licence from the Dubai Financial Services Authority (DFSA). This is the firm’s first licence in the Middle East, and enables the firm …
UAE bank employees surpass 39,000 for first time since 2015
Statistical Bulletin – Banking and Monetary Statistics – December 2024, released today, showed that as of the end of 2024, the total number of bank employees reached 39,046 …
UAE banks have more than 39,000 employees for first time since 2015
The number of employees in UAE banks has exceeded 39,000 for the first time since 2015, according to data from the Central Bank of the United Arab Emirates. A monthly statistical bulletin, showed that …
UAE Data Center Portfolio Report 2025: Around $1.5 Billion in New Investments is Expected to Flow into Upcoming Data Centers in UAE by 2027
The database provides in-depth analysis of 35 existing and 24 upcoming data centers across Dubai, Abu Dhabi, Sharjah, Al Ain, and Fujairah. With 500 MW of upcoming capacity and $1.5 billion in new …
UAE: Make the most of this year’s bonus with these tips and tricks
It’s tempting to spend all your annual bonus on a dream vacation, some expensive jewellery, or even a new car. According to Zurich Life International, 75 per cent of UAE residents expect …