Revising Nationally Determined Contributions (NDCs), commitment to the $100 billion climate finance, keeping 1.5 degrees within reach, global stocktake, and the funding and arrangements for loss and …
Dubai records 116,116 new real estate transactions worth Dhs429.67 billion
Real estate transactions in Dubai achieved significant growth in the first nine months of 2023, recording a growth of more than 36.7 percent in value and 33.8 percent of transactions compared to the …
Investment advisory firms increasingly drawn to Dubai
A recent report by Altrata highlights that Dubai boasts the largest share ultra-high net worth individuals of UHNWIs, with about 67% of the approximately 830 UHNWIs based in the city treating Dubai as …
Dubai Islamic Bank profit climbs 20% driven by higher revenue
Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender by assets, reported a nearly 20 per cent increase in third-quarter net profit, as revenue rose on economic growth in the emirate.Net …
Dubai Islamic Bank net profit rises by 18% to Dh4.8 billion in third quarter
Dubai Islamic Bank, the largest Islamic bank in the UAE, on Wednesday announced that third quarter group net profit came in at Dh4,823 million, up 17.6 per cent year-on-year compared to Dh4,101 …
Dubai Islamic Bank 3rd quarter 2023 group financial results
Continued improvement in RoTE registering 18.4%, up 140 bps YTD. Dubai: Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending September …
HE Sheikh Nahayan Mabarak Al Nahayan inaugurates Bank Alfalah’s international branch in Dubai, UAE
To provide tailored wholesale banking solutions to corporate clients in Dubai, Bank Alfalah, one of Pakistan’s leading commercial banks, recently opened its international branch at Shaikh Zayed Road …
Türkiye-UAE trade volume this year to hit $15B, says Turkish trade minister
The annual trade volume between Türkiye and the United Arab Emirates (UAE) will reach $15 billion at the end of this year and $25 billion soon after than, the Turkish trade minister said on Tuesday.
UAE, Canada are advanced societies with modern economies: Canadian Envoy
The envoy said there would be a very large Canadian delegation at COP28, perhaps upwards of 700 people, seeking to support and advance the climate agenda …
Malawi’s Climate Change Minister Praises UAE’s COP28 Preparations, Highlights Climate Finance Priority
ABU DHABI, 31st October, 2023 (WAM) — Malawi’s Minister of Natural Resources and Climate Change Dr. Michael Osei has praised the UAE’s except …
H.E. Sheikh Nahayan Mabarak Al Nahayan inaugurates Bank Alfalah branch in Dubai, UAE
Bank Alfalah, one of Pakistan’s leading commercial banks, inaugurated its international branch at the Shaikh Zayed Road (in Dubai relocated from Al-Khaleej Building, Zaabeel Street) to provide …
Citi moves Russia country officer to oversee UAE businesses, operations
Citi has appointed Maria Ivanova, former Citi Country Officer (CCO) for Russia, as CCO for the UAE, to oversee all businesses and operations in the country.
Dubai taxi operator $300mn IPO; New Saudi aviation economic policy framework; Six Senses AlUla opening – 5 trending stories to read today
Dubai Taxi Corporation (DTC) a unit of the emirate’s transport authority, is set to initiate the city’s first privatisation effort of the year, aiming to raise approximately $300 million through a …
Citi appoints Maria Ivanova as Citi Country Officer for the UAE
Dubai – Citi announced the recent appointment of Maria Ivanova as Citi Country Officer (CCO) for the United Arab Emirates. Maria will also assume the role of the Senior Executive Officer for Citibank …
Infosys Finacle and Red Hat host roundtable discussion in Dubai to explore the need for re-composable banking solutions
Event focused on critical themes such as digital transformation, technological innovation, the future of banking, and evolving customer needs within the financial …
Dubai Financial Market Announces 109 Per Cent Rise In Nine-Month Net Profit
Dubai Financial Market (DFM) on Monday announced that its net profit increased by 109 per cent to Dh186.2 million for the period ended 30 September …
UAE’s new housing policy allows citizens to resell houses, transfer mortgage
Cabinet meeting chaired by Sheikh Mohammed announces UAE Government Annual Meetings, formation of Emirates Drug Establishment …