Economy
UAE's United Arab Bank Raises AED1.031 Billion Through Rights Issue
Layla Al MansooriArab Bank Al Etihad Raises $280M in Oversubscribed Rights Issue, Signaling UAE Banking Sector's Capital Strength United Arab Bank (UAB), listed on th...
UAE Participates in Global Ministerial Meeting on Small and Medium Enterprises in Johannesburg
UAE Leverages Global SME Summit to Showcase Its Entrepreneurship Dominance The UAE has reinforced its position as a global entrepreneurship hub by pa...
UAE Showcases Energy Transformation Efforts at G20 Summit in South Africa
UAE Leverages Nuclear Success to Lead G20 Energy Transition Agenda in Africa The United Arab Emirates is positioning itself as a key architect of glo...
Central Bank Fines Finance Company for Regulatory Violations
UAE Central Bank Tightens Grip on Finance Sector with AED 600,000 Penalty The UAE Central Bank has imposed a substantial AED 600,000 fine on a financ...
Gold Slumps as Markets Await Federal Reserve's Policy Decision
Gold Retreats as Dollar Rebounds Ahead of Trump's Federal Reserve Decision Gold prices pulled back on Wednesday as the dollar recovered from weekly l...
Dollar Confined to Tight Range as Investors Await Federal Reserve's Decision
Dollar Treads Water as Trump's Fed Pick Looms Large Over Markets The US dollar remained range-bound Wednesday as investors held their breath for Pres...
Oil Rebounds from 5-Week Low, Signaling Market Resilience
Oil Prices Rebound as Trump's India Tariff Threats Spark Supply Disruption Fears Global oil markets staged a modest recovery on Wednesday, climbing b...
UAE Stock Markets Soar: Gains Reach AED 13 Billion
UAE Stock Markets Surge AED 13 Billion as Banking Giants Lead Rally The UAE's stock markets delivered a robust performance yesterday, with combined m...
Abu Dhabi Ports Unveils New Office in Islamabad, Expanding Global Footprint
Abu Dhabi Ports Doubles Down on Pakistan Strategy with New Islamabad Office Abu Dhabi Ports Group has opened its first representative office in Pakis...
Abu Dhabi's Alfa Holding Explores Acquisitions and New Listings to Expand its Financial Portfolio
Alpha Dhabi Holding Plots Major Market Expansion with 33.7 Billion Dirham War Chest Abu Dhabi's diversified investment giant Alpha Dhabi Holding is p...
Oil Prices Steady: A Balanced Energy Market Analysis
Oil Markets Show Stubborn Stability as Global Economic Uncertainty Persists Oil prices remained virtually unchanged on Tuesday, with Brent crude hold...
Japanese Nikkei Index Climbs, Tracking Wall Street's Upward Momentum
Japanese Stocks Rise Despite Chip Sector Drag as Wall Street Momentum Crosses Pacific Japanese markets opened higher on Tuesday, riding the wave of W...
Gold Soars on Expectations of U.S. Interest Rate Cuts
Gold Extends Rally to Fourth Consecutive Session as Dollar Weakness Fuels Rate Cut Expectations Gold continued its upward momentum for the fourth str...
Slumping Dollar as Rate Cut Speculation Grows
Dollar Weakens as Fed Rate Cut Expectations Mount Amid Tariff Uncertainty The US dollar declined Tuesday as growing expectations of Federal Reserve i...
Emirates Air Travel Soars: 8 Million Scheduled Passenger Seats in August
UAE Solidifies Aviation Dominance as Regional Air Travel Surges The United Arab Emirates reinforced its position as the Middle East's aviation powerh...
Global Holding's H1 Profits Soar to AED 10.8 Billion, Signaling Robust Growth
IHC Powers Through H1 2025 with Record AED 10.8 Billion Profit Surge International Holding Company (IHC) delivered one of its strongest quarterly per...
Over 300 Companies Complete 'Institutional Impact Assessment' in Saudi Arabia's 'Majra' Initiative
UAE's Corporate Social Responsibility Revolution: 300 Companies Embrace Mandatory Impact Reporting The UAE is cementing its position as a global lead...
Abu Dhabi Islamic Bank Partners with Visa to Expand Digital Payment Solutions
Abu Dhabi Islamic Bank Breaks New Ground with World's Largest Cross-Border Payment Network Abu Dhabi Islamic Bank (ADIB) has partnered with Visa to l...
Abu Dhabi's Etihad Airways Expands Flights to Baku and Tbilisi, Catering to Growing Demand
Air Arabia Abu Dhabi Expands Regional Network with Increased Flights to Caucasus Air Arabia Abu Dhabi is significantly boosting its flight frequencie...
ADNOC Gas Inks Deal to Supply LNG to India's Hindustan Petroleum
UAE's ADNOC Gas Deepens India Energy Partnership with Third Major LNG Deal ADNOC Gas has signed its third major liquefied natural gas supply agreemen...
UAE Banks Unite to Enhance 'Ijara Al-A'yan Al-Mu'ayyinah' Standard with AAOIFI Support
UAE Banking Sector Backs Global Push to Standardize Islamic Finance Lease Contracts The Emirates Banking Association has thrown its full weight behin...