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Banking & Finance
CBUAE reports banks extend $22.1 billion in financial support to SMEs by mid-2024
SME loans made up 9.5 percent of 232.9 billion in financial facilities for commercial and industrial sectors as of June
Economy
UAE drives regional economic growth: Insights from LSE Deputy CEO
The country has successfully completed 37 bond issues amounting to a total of $18.51 billion
Banking & Finance
Abu Dhabi Commercial Bank announces H1 2024 net profit after tax of $1.2 billion
Customer deposits in current and savings accounts totaled AED169 billion by the end of September 2024
Economy
Dubai reveals #ZayedAndRashid campaign: A celebration of national unity, cultural heritage across emirates
The campaign coincides with UAE Flag Day and 53rd Eid Al Etihad celebrations
Banking & Finance
Islamic treasury bonds auction for October 2024 attracts $1.96 billion in bids
The auction attracted interest from eight primary dealers for both tranches maturing in May 2027 and September 2029
Economy
UAE President engages with world leaders on trade and development at BRICS Summit
The summit, which runs until October 24, is themed 'Strengthening Multilateralism for Equitable Global Development and Security,’
Economy
Oil prices rise amid Middle East tensions and U.S. election uncertainty, recovering previous losses
Brent crude futures increased by 95 cents, or 1.27 percent, reaching $75.91
Economy
UAE, Rajasthan sign investment agreement to pursue 60 GW renewable energy project in India
Both nations have set ambitious clean energy targets in recent years
Economy
UAE maintains leadership in global labor market competitiveness indicators
The country secured the top position globally in four key indicators from the Institute for Management Development World Competitiveness Yearbook 2024
Economy
UAE’s real GDP expected to expand by 5.1 percent in 2025, according to IMF
Globally, growth is expected to remain stable but lackluster, with projections of 3.2 percent for both 2024 and 2025
Economy
Sheikh Mohammed bin Rashid meets local investors, businessmen at Zabeel Palace
Sheikh Mohammed engaged with attendees on a range of topics related to Dubai’s development journey
MENA
Arada introduces $1.36 billion W Residences project at Dubai Harbour, featuring over 400 apartments for sale
This project features a selection of amenities and is situated in one of Dubai’s most sought-after districts
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