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Changes introduced to streamline trade processes and support business operations
Bank credit to the private sector rose by 3.4 percent to OMR26.3 billion
In 2023, tourism accounted for 11.7 percent of the UAE’s GDP, amounting to $59.9 billion
Currently, the metro serves around 730,000 passengers daily, making it the preferred transportation choice for many
Brent crude futures rose by 99 cents, or 1.39 percent, to $72.05 per barrel
Agreement enhances the ability of companies operating in Dubai to enter the Chinese market and build promising business partnerships in Tianjin
The company aims to address utility demands amid population growth
In Q2, demand for trade credit remained strong, with a greater appetite for lending
The new route starts from June, 2 2025, from AED429
This change, effective September 4, aims to position the Kingdom as a global tourism leader
The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.
The report stated that high interest rates kept profit margins at 2.7 percent, with strong bank profitability in H1
The event will address economic challenges through collaborative investment strategies
Loutraki International is investing in Dubai’s real estate market through the Santorini Residences project
The central banks will share expertise and resources to address challenges and boost economic development
The partnership is formed amidst a booming UAE air conditioning market worth over $650 million, driven by real estate growth
Brent crude futures for November rose by 15 cents, or 0.1 percent, to $72.85
Western European countries topped the list of tourists to Dubai, with about 2.086 million visitors
By the end of May, these banks had elevated their equity investments to AED16.1 billion
In July 2024, Masdar successfully raised $1 billion through its green bond issuance under its Green Finance Framework
The authority launched 200 new temporary parking slots and a 500-meter roadway
Consumer price inflation (CPI) rose 2.47 percent in August, driven by higher gas prices
Saipem will be responsible for the EPCI three production deck modules, 33 km of subsea pipelines, and 34 km of power cables
Other notable agreements included collaboration in communications and information technology
