economy

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

Mastercard: Reshaping the financial landscape through AI and innovation

Company has notably teamed-up with major names like UAE Artificial Intelligence Office and FAB

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

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

ADNH Catering reports $326.7 million revenue for nine months, confirms $16.3 million dividend for FY 2024

The pro forma net profit reached AED110 million, showcasing a robust net profit margin of 9 percent