Economy
Ras Al Khaimah's Registered Business Licenses Reach AED 10.2 Billion in Capital
Layla Al MansooriRas Al Khaimah's Business Boom: Industrial Licenses Surge 111% as Emirate Emerges as UAE's Manufacturing Hub Ras Al Khaimah is experiencing a dramati...
Emirati Banks Rake in $10B Profits in H1, Outperforming Expectations
UAE Banking Sector Posts Strong Growth with 5% Profit Jump in First Half of 2025 The UAE's banking sector demonstrated remarkable resilience and grow...
Standard Chartered Launches Pioneering Sustainable Banking Account
Standard Chartered Launches Pioneering Green Banking Solution as UAE Doubles Down on Sustainable Finance Standard Chartered has introduced the world'...
30% Rise in Licensed Firms with Abu Dhabi Global Financial Center's Regulatory Authority
Abu Dhabi's Financial Hub Emerges as Global Crypto Leader with 30% Growth in Licensed Firms Abu Dhabi Global Market (ADGM) has positioned itself as a...
Rakez and Pioneer Wealth Management Partner to Enhance Financial Planning Services
UAE's Ras Al Khaimah Doubles Down on Wealth Management to Attract High-Net-Worth Investors Ras Al Khaimah Economic Zones (RAKEZ) has forged a strateg...
Central Bank and Mercury Launch Project to Boost Financial Market Infrastructure
UAE Central Bank Partners with Mercury to Build Next-Generation Payment Infrastructure The UAE Central Bank has launched a strategic joint venture wi...
Sharjah Real Estate Soars with AED 27 Billion in Transactions, Up 48.1% in H1
Sharjah'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...