Economy
Global Holding's H1 Profits Soar to AED 10.8 Billion, Signaling Robust Growth
Layla Al MansooriIHC 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...
Etihad Airways Expands Flights to Baku and Tbilisi, Enhancing Middle East-Caucasus Connectivity
Air Arabia Abu Dhabi Doubles Down on Caucasus Routes as Regional Travel Demand Surges Abu Dhabi's budget airline Air Arabia Abu Dhabi is significantl...
Egypt's Central Bank Releases 2024 Financial Stability Report: Insights and Outlook
UAE's Financial System Proves Resilient Amid Global Uncertainty, Digital Currency Push Accelerates The UAE Central Bank's 2024 Financial Stability Re...
Oil Prices Dip Following OPEC+ Deal Announcement
OPEC+ Production Surge Sends Oil Prices Tumbling as US Economic Fears Mount Oil markets are facing a double blow as OPEC+ announces another significa...
Gold Prices Dip After Release of U.S. Employment Data
Gold Retreats as Traders Lock in Profits Following Fed Rate Cut Speculation Surge Gold prices pulled back on Monday as investors took profits after t...
Dubai Solidifies Its Prominence on the Global Tourism Map under Hamdan bin Mohammed's Leadership
Dubai's Tourism Boom Defies Global Economic Headwinds with 9.88 Million Visitors Dubai has emerged as a standout performer in the global tourism reco...
Federal Tax Authority Reaches 28,000 Beneficiaries Through 85 Awareness Events in 6 Months
UAE Tax Authority Ramps Up Digital Outreach as Economic Diversification Accelerates The UAE Federal Tax Authority has significantly expanded its taxp...
Lutah Unveils Pioneering Sustainable Fuel for Yachts
UAE Launches Revolutionary Yacht Fuel Made From Kitchen Waste, Cutting Emissions by 90% Dubai-based Lutah Biofuels has unveiled a groundbreaking mari...
Foreign Investors Flock to Korean Stocks, Hitting 17-Month High
Foreign Investors Pour $4.5 Billion Into South Korean Stocks, Breaking 17-Month Record International investors have dramatically reversed course on S...
Dubai Ports Operator Invests $4.5B in Global Expansion Projects by 2025
DP World's $4.56 Billion Global Expansion Signals New Era of Trade Infrastructure Competition Dubai's DP World is reshaping global trade routes with...
Landline Phones Thrive: Affordable, User-Friendly Alternative to Smartphones
Landline Phones Refuse to Die: A $3.8 Billion Market Defying the Smartphone Revolution While smartphones dominate personal communication, landline ph...
Abu Dhabi's Rental Yields Soar to 8.5% by 2025, Promising Lucrative Property Investments
Abu Dhabi's Real Estate Delivers 8.5% Returns, Outpacing Global Financial Capitals Abu Dhabi's property market has emerged as a standout performer in...
Bounced Checks: 7 Vital Facts About Partial Payment Compliance
UAE Banks Embrace Partial Check Payments as Digital Revolution Challenges Paper-Based Finance The UAE's banking sector has formalized partial check p...
Oefied Launches Initiative to Enhance Trade Resilience in Partner Countries
OPEC Fund Launches $2 Billion Trade Resilience Initiative to Shield Vulnerable Economies The OPEC Fund for International Development (OFID) has unvei...
Democratic Republic of Congo and Rwanda Sign Economic Cooperation Pact to Boost Trade and Investment
Congo-Rwanda Economic Deal Signals US Push to Control Critical Mineral Supply Chains The Democratic Republic of Congo and Rwanda have signed a landma...
The Maritime Sector: A Cornerstone of the UAE's Economic Prosperity
UAE Maritime Sector Emerges as Global Sustainability Leader Through Green Innovation and Digital Transformation The United Arab Emirates has position...