Sector
Banking & Finance
See Articles
The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent
This approval follows a EUR1 billion EU support initiative endorsement
CBK said that the issuance period is three months with a return rate of 4.125 percent
This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals
Strong bilateral cooperation has led to the arrest and extradition of high-profile criminals
This certification caters specifically to tax professionals employed by Dubai government entities
Energy
See Articles
Since 2015, the UAE diesel and petrol prices have been moving in line with the international markets.
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
Abu Dhabi approved in 2024 a total of 144 projects with a budget of $17.97 billion
These contracts are integral to the ongoing initiatives to boost the country's electrical infrastructure and ensure its long-term viability
This marks the first direct link between the Eastern Region and the Red Sea destination
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel
Health
See Articles
The program targets enterprises in pharmaceuticals, food, engineering, chemicals, textiles, mining, and construction
64 percent of insurers expect higher medical trends worldwide over next three years
Strategic acquisition enhances Mubadala's footprint in the healthcare logistics and pharmaceutical distribution sectors
The UAE ranked 7th globally and remained the top nation in the region in the UN Gender Equality Index 2024
Takalam’s confidential, user-friendly platform will address mental health needs and help individuals manage behavioral challenges
Industry
See Articles
The sector has boosted sustainable growth, competitiveness, and contribution to the nation's GDP
This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024
The program targets enterprises in pharmaceuticals, food, engineering, chemicals, textiles, mining, and construction
The two countries underscored the importance of advancing economic cooperation and strategic integration between them
Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025
Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality
Logistics
See Articles
The public can use Jumeirah Street, Al Wasl Street, Sheikh Mohammed Bin Zayed Road and Al Khail Road
Abu Dhabi approved in 2024 a total of 144 projects with a budget of $17.97 billion
87.1 million seats achieved by UAE airlines in 2024
This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024
This marks the first direct link between the Eastern Region and the Red Sea destination
The UAE plans to invest an additional AED500 billion over the next thirty years to achieve climate neutrality
Markets
See Articles
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel
Gold prices have risen over 27 percent this year and are set for their best performance since 2010
Gold prices have surged nearly 28 percent this year, reaching a record high of $2,790.15 on October 31
Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes
Miscellaneous
See Articles
Greenhouse gas concentrations continue to rise, reaching unprecedented levels and trapping even more heat for the future
The expedition will span a 2,500 kilometers over the course of five months
The United Nations expects the global population to peak at around 10.3 billion in the 2080s
The fireworks aim to set six new Guinness World Records
The program targets enterprises in pharmaceuticals, food, engineering, chemicals, textiles, mining, and construction
The Dubai Metro is a convenient option due to possible street closures near the celebration sites
Real Estate
See ArticlesThe program targets enterprises in pharmaceuticals, food, engineering, chemicals, textiles, mining, and construction
The index provides clear information to all stakeholders, promitng trust and balance in real estate transactions
ALMANAR will offer over 33,000 homes and provide over 150 amenities to cater to residents' needs
H.H. assessed progress of 65 Hatta development initiatives, 41 of which have been completed
With property prices expected to rise by 8 percent in 2025, Dubai offers lucrative opportunities for both individual and institutional investors
Over $20 billion in projects are underway in Riyadh
Telecom
See Articles
stc expanded its Boulevard City network by 12 percent and increased 5G frequencies by 20 percent
Tradeling, MENA’s largest B2B e-commerce platform, poised for annual revenue of over AED2 billion
Total revenues grew 3.92 percent compared to the same period last year
Accenture will also support du with the adoption of new technologies and products
EBITDA rose by 4 percent to $2.11 billion, resulting in an EBITDA margin of 44 percent
