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Finstreet will grant eight licenses to its subsidiary entities to launch the first digital MTF, central securities depository, and private financing platform
Bilateral non-oil trade between the UAE and India reached $28.2 billion in the first six months of 2024, up 9.8 percent annually
With the addition of this listing, the total value of bonds listed on Nasdaq Dubai by the Bank of China reaches $1.47 billion
The name is inspired by the group’s unique mailing address, P.O. Box 1
The new project will feature a total of 770 residential units and six premium retail shops
Burjeel Holdings has joined FTSE Russell’s FTSE Mid Cap index, the FTSE All-Cap index, the FTSE All-World index and the FTSE Total-Cap index
Launch seeks to raise Dubai's position among the top 10 cities globally with the best quality of education
In 2023, tourism accounted for 11.7 percent of the UAE’s GDP, amounting to $59.9 billion
The two leaders will hold discussions on all aspects of their comprehensive strategic partnership
Dubai Metro remains the world's longest driverless metro project
Currently, the metro serves around 730,000 passengers daily, making it the preferred transportation choice for many
China's central bank held back on buying gold for a fourth month in a row in August, according to official data
The bonds have a tenor of five years from the date of issuance, with a coupon of 5.25 percent per annum
The airline will operate these routes using the modern Boeing 787 Dreamliner
This step is expected to cut CO₂ equivalent emissions by over 3,500 tons annually
At the close of the subscription period, the retail tranche was oversubscribed 600 times
Agreement enhances the ability of companies operating in Dubai to enter the Chinese market and build promising business partnerships in Tianjin
The possibility of a 50-basis-point rate cut by the Federal Reserve this month has risen from 34 percent last week to 41 percent
The company aims to address utility demands amid population growth
In Q2, demand for trade credit remained strong, with a greater appetite for lending
The new route starts from June, 2 2025, from AED429
The plant now provides up to 25 percent of the UAE’s electricity, enough to power 16 million EVs annually
The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.
The report stated that high interest rates kept profit margins at 2.7 percent, with strong bank profitability in H1
