Economy
Sharjah Real Estate Soars with AED 27 Billion in Transactions, Up 48.1% in H1
Layla Al MansooriSharjah's Real Estate Boom: 48% Growth Signals UAE's Investment Diversification Beyond Dubai Sharjah's real estate market has emerged as a major bene...
UAE Bank Investments Surge Past $210 Billion in April
UAE Banking Sector Surges as Investment Portfolio Hits AED 774 Billion The UAE's banking sector is experiencing a remarkable investment boom, with to...
Sail Unveils Sharjah Startup Studio's Refreshed Edition for Aspiring Entrepreneurs
Sharjah Launches Major Startup Accelerator with $816,000 Software Package to Rival Dubai's Dominance The Sharjah Entrepreneurship Center (Sheraa) has...
Economic and Tourism Ministry Imposes $11.4M Penalties to Combat Money Laundering
UAE Cracks Down Hard on Money Laundering: $11.4 Million in Fines Signal Zero-Tolerance Approach The UAE's Ministry of Economy and Tourism has imposed...
Gold Declines as Trade Tensions Ease: A Captivating Market Update
Gold Slides as Trade Deal Progress Undermines Safe-Haven Demand Gold prices fell sharply on Thursday as easing trade tensions between the U.S. and Eu...
Oil Prices Surge as Trade Talks Fuel Optimism
Oil Prices Rise as Trade Optimism Meets Unexpected US Inventory Drop Oil markets gained momentum Thursday as traders responded to dual catalysts: ren...
The UAE Banking Sector's Assets Reach AED 4.75 Trillion in April
UAE Banking Sector Shows Resilience as Assets Hit AED 4.75 Trillion The UAE's banking sector demonstrated steady growth in April 2025, with total ban...
AI-Powered Banking Experience: UAE's Arab Bank and LuLu Group Unveil Innovative Partnership
Arab Bank Partners with UAE Fintech to Transform Digital Banking Through AI-Powered Insights United Arab Bank has forged a strategic partnership with...
Sharjah Islamic Bank Strengthens Financial Ties Between UAE and Jordan
UAE-Jordan Financial Bridge: Sharjah Islamic Bank Partners with Al-Alawneh Exchange in Cross-Border First Sharjah Islamic Bank has signed a groundbre...
NMDC Energy's Profits Soar 16% in First Half, Showcasing Robust Growth Trajectory.
NMDC Energy Delivers 41% Revenue Surge as Saudi Manufacturing Hub Powers Regional Expansion Abu Dhabi-based NMDC Energy has posted impressive first-h...
UAE Calls for Inclusive, Balanced Global Economic Growth
UAE Positions Itself as Global Leader in Post-2030 Sustainable Development Vision The United Arab Emirates is leveraging its economic diversification...
Newly Elected UN Tourism Chief and Chinese Envoy Discuss Collaborative Opportunities
UAE-China Tourism Partnership Signals Strategic Shift as New UN Tourism Chief Takes Charge The UAE and China are deepening their tourism cooperation...
Emirati Airline Expands Operations in Multan and Faisalabad, Boosting Connectivity Across Pakistan
Air Arabia Abu Dhabi Doubles Down on Pakistan Routes as UAE-Pakistan Travel Demand Surges Air Arabia Abu Dhabi is significantly expanding its Pakista...
Dubai Gold and Commodities Exchange Records Over 1 Million Contracts Traded in H1
Dubai Gold Exchange Surges 200% as Global Uncertainty Drives Hedging Demand The Dubai Gold and Commodities Exchange (DGCX) has emerged as a major ben...
Emirates Airline Debuts Upgraded Boeing 777 on Madrid Route
Emirates Elevates Spain Route with Fully Renovated Four-Class Boeing 777 Emirates Airlines will deploy its newly refurbished four-class Boeing 777 ai...
UAE Advocates Bolstering Global Economic Growth at UN Forum
UAE Positions Itself as Global Hub for Sustainable Economic Growth Beyond 2030 The United Arab Emirates is leveraging its economic diversification su...
Union Cooperative and 'Positive Zero' Launch Solar Energy Project to Power a Sustainable Future
UAE's Largest Retail Cooperative Launches Middle East's Biggest Solar Initiative The UAE's Union Cooperative has partnered with Positive Zero to depl...
Sharjah Bank Sees 57% Surge in Net Profits During First Half
Bank of Sharjah Posts Record 57% Profit Surge as UAE Banking Sector Hits New Heights Bank of Sharjah delivered a standout financial performance in th...
Abu Dhabi First Bank's Soaring Midyear Profits Exceed 10 Billion Dirhams for the First Time
First Abu Dhabi Bank Breaks Records with 26% Profit Surge, Signaling UAE's Banking Dominance First Abu Dhabi Bank (FAB) has delivered a standout perf...
Gold Prices Dip Following Washington-Tokyo Agreement
Gold Retreats as Trump-Japan Trade Deal Boosts Risk Appetite, But Dollar Weakness Limits Losses Gold prices pulled back on Wednesday as investors emb...
Oil Prices Surge After Trade Deal Between Washington and Tokyo
Oil Prices Rebound as US-Japan Trade Deal Signals Stronger Demand Outlook Crude oil futures climbed in early Wednesday trading, breaking a three-sess...