Mortgage Alternatives: Look at mortgage alternatives offered by respectable Dubai institutions. For the best financing option for your circumstances, compare interest rates, loan-to-value ratios, and …
UAE growth to surpass 6% in 2025, says central bank
Economic growth in the UAE is expected to accelerate to 6.2 per cent in 2025, according to the country’s central bank. In its latest June 2024 Economic Quarterly Review, the Central Bank of the United …
UAE Central Bank revises inflation forecast downwards for 2024
The Central Bank of the UAE has revised the inflation forecast for the country this year to 2.3%, down from its previous projection of 2.5%. The downward revision is due to lower-than-expected …
Meet Institutional Investor’s 2024 Hedge Fund Rising Stars
When Hilary Curran joined hedge fund Eisler Capital in late 2022 … to raise more than $1 billion and expand its global reach — it is opening an office in Dubai — and build up new strategies after a …
UAE Central Bank projects GDP growth to reach 6.2% in 2025
The Central Bank of the United Arab Emirates (CBUAE) expected the country’s strong foreign trade performance to continue in 2024 and 2025, …
UAE needs to keep ‘attracting millionaire investors’
Its combination of ease of doing business, low taxation, and strategic location along major global trade routes and time zones has made it a magnet for both inward investment and increasing investment …
‘World invests in UAE’: Sheikh Mohammed says country will continue to create best investment environment
The UAE ranked second globally after US … cent to $867 billion and tight financing conditions led to a 26 per cent fall in international project finance deals. “Crises, protectionist policies and …
UAE Central Bank forecasts 6.2% GDP growth in 2025 as real estate, tourism and hospitality thrive
The Central Bank of the United Arab Emirates (CBUAE) expected the country’s strong foreign trade performance to continue in 2024 and 2025, sustaining its projected growth for the UAE’s real GDP in …
CBUAE projects UAE’s real GDP growth to reach 6.2% in 2025
In Q4-2023, the UAE economy expanded 4.3% YoY, above the 2.5% growth registered in Q3-2023 Indicators point towards robust economic activity within the non-oil private sectors, the CBUAE said. Image …
UAE Ministry of Finance unveils key new projects to boost competitiveness
These projects are part of the comprehensive strategy of the UAE to future-proof its economy and reinforce its status as a global financial hub …
Commercial Bank of Dubai joins EDB to facilitate international trade
Dubai: The listed Commercial Bank of Dubai (CBD) has teamed up with Emirates Development Bank (EDB) through a strategic partnership to enhance and facilitate international trade services, according to …
Dubai real estate investments start at just $136 as Stake joins Land Department initiative
Dubai real estate investors around the world can enter property ownership schemes as innovative platform Stake joins Land Department initiative …
UAE Ministry of Finance launches new transformational projects
These projects are unique in achieving a significant positive impact in all sectors within short periods of time …
UAE banks extend $22.2bn in loans to SMEs
The balance of loans from banks operating in the UAE to small and medium-sized enterprises reached AED81.7 billion by the end of the first quarter of 2024. Data from the Central Bank of the UAE shows …
UAE national banks pump AED15.6bn in credit to business, industrial sectors in Q1 2024
Conventional banks accounted for approximately AED694 billion of the credit financing provided to the trade and industry sectors by the end of March …
UAE Central Bank projects 3.9% GDP growth in 2024 amid digital transformation, says new report
As the CBUAE looks forward to the next 50 years, it aims to focus on innovation, sustainability, and maintaining monetary and financial stability to support the UAE’s competitiveness on the global sta …
Emirates NBD collaborates with Dubai Institute of Design and Innovation and announces winners for its ‘Project Design Space’ challenge
Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, proudly announces the winners of its challenge in the 2024 Project Design Space (PDS).