economy

Abu Dhabi Housing Authority and Abu Dhabi Commercial Bank collaborate to enhance housing loan accessibility for UAE nationals

This initiative allows eligible citizens to secure extra financing on their AED1.75 million loans for better housing

Arcapita and Dgpays consortium acquires majority stake in NEOPAY from Dubai’s Mashreq

The transaction values NEOPAY at approximately $385 million, pending regulatory approvals

UAE issues treasury bonds, Islamic sukuk worth $6.81 billion since 2022

The programs saw the issuance of treasury bonds worth $3.05 billion and Islamic sukuk worth $3.76 billion

UAE celebrates 94th Saudi National Day, reinforcing fraternal ties as non-oil trade soars to $280.96 billion from 2014 to 2023

The fraternal ties between the UAE and Saudi Arabia exemplify a unique model of collaboration

Oil prices surge amid rising Middle East tensions, anticipation of Fed rate cuts

Brent oil futures for November rose 0.5 percent to $74.83 per barrel

RAKEZ boosts UAE-India economic ties, collaborates with CEPA Council

India is a key market for RAKEZ, which is already home to over 6,000 Indian investors

Sharjah’s Arada completes phases 2 and 3 of Masaar: 986 homes handover begins in 19 million square foot masterplan

Masaar, organized into six gated districts, encompasses a total of 3,000 villas and townhouses 

New Georgian Business Council established by Dubai Chamber of Commerce to boost trade, investment

This initiative enhances collaboration between Dubai and Georgia's private sectors 

Oman-China trade exceeds $27 billion in 2023, enhancing economic ties and investment opportunities: OCCI

Al Saadi pointed out that the private sectors in both nations are crucial to driving mutual partnerships 

Elliott Hill returns to Nike as President & CEO: What this could mean for the brand’s future? 

Hill spent 32 years at Nike, holding senior roles across Europe and North America, and helped grow the business to over $39 billionÂ