United Arab Emirates

UAE’s banking sector assets increase in May

Assets rose 2.9% to 3.442 trillion dirhams

Dubai Financial Market posts 63% growth in net profit of H1

International investors accounted for 72% of the new investors

Torrential rains batter several regions in the UAE

Authorities urged residents not to leave their homes unless necessary

UAE Central Bank imposes sanctions on 6 banks for compliance failure

For failing to comply with due diligence and reporting procedures

Sharjah sustainable City again receives Real Estate Excellence Award

For promoting sustainable development, community living in the UAE

UAE: Amazon Prime Members saved the biggest this year

Over 300 mn items were purchased by Prime members worldwide

ADNOC Drilling lands $2 bn contracts for Ghasha project

Project is key component of ADNOC's strategy for gas self-sufficiency

UAE nationals subject to long wait time for Schengen visas

This situation may have an impact on tourism in the region

UAE bank to offer digital asset trading in Emirati currency

Move will enable people to avoid relying on foreign bank accounts

Fuel reimbursement expenses for UAE companies increase by 38%

Fuel is among the most requested reimbursements for UAE employees

Dubai, Abu Dhabi property sales spike on strong demand

$3 bn worth of property transactions sealed in Dubai one week

ADNOC announces new milestone in Borouge 4’s expansion

"We have safely completed 1.5 mn man-hours since the project's inception"

Rashed Al Ansari: “Crypto exchanges not a direct threat to us”

Agility, digitization, leadership, passion are driving forces behind exchange

UAE to launch first quick commerce startup next month 

The platform aims to provide a highly personalized shopping experience

Abu Dhabi: Real estate transactions exceed AED 22.5 bn in H1

Confidence among investors reflects the market's attractiveness

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Prime members can enjoy an entire year of exclusive deals