business

Oil prices steady as China’s stimulus disappoints, U.S. supply fears ease

Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel

Abu Dhabi’s ascent continues as the ‘Falcon Economy’ soars

Expanding non-oil sectors and thriving financial landscape propel the UAE capital’s growth

The enduring appeal of physical payment cards in the UAE’s digital future

67 percent of country’s residents still carry two or more physical cards

Stablecoins: The future of payments or a looming threat?

In 2023, the global market capitalization of stablecoins exceeded $130 billion

aiBANK is now Bank NXT: What lies ahead for EFG Holding’s commercial banking unit?

Rebranding reflects bank’s dedication to advancing banking standards and delivering value to clients, stakeholders and communities

Almal Real Estate Development elevates UAE’s property market with luxury developments

Company’s projects include Harrisoni La Mer and The Unexpected Al Marjan Island Hotel and Residences

Dubai’s real estate is on a winning streak

Companies like DAMAC leverage this boom with the launch of new projects

ADREC: Championing transformation of Abu Dhabi’s real estate sector

Outlines strategies and steps for innovation and future growth

Binghatti’s AED40 billion portfolio boasts lifestyle-centric projects

Keen on carving its own niche in Dubai’s highly competitive real estate market

DIFC successfully repays $700 million sukuk on schedule

The Sukuk was issued to fund the Centre’s expansion, including Gate Avenue

Dubai’s Spinneys announces record $626.2 million revenue for nine months, pre-tax profit climbs to $55.3 million

Adjusted EBITDA up 8.8 percent YoY with an industry-leading EBITDA margin of 18.3 percent