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Economy
UAE, U.S. strengthen strategic partnership as trade reaches $39.5 billion in 2023
The UAE President's visit marks a significant moment in over fifty years of bilateral relations between the two nations
Economy
UAE, Eurasian Economic Commission to enhance economic ties as non-oil trade hits $13.7 billion in H1 2024
Dr. Thani bin Ahmed Al Zeyoudi met Andrey Slepnev in Moscow lately to discuss expanding UAE-Eurasian trade and investment
Banking & Finance
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
Banking & Finance
Arcapita and Dgpays consortium acquires majority stake in NEOPAY from Dubai’s Mashreq
The transaction values NEOPAY at approximately $385 million, pending regulatory approvals
Banking & Finance
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
Economy
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
Economy
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
Economy
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
Economy
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
Banking & Finance
UAE public joint-stock companies distribute $16.8 billion in cash dividends and bonus shares in 2023, reports SCA
Of this total, 94 percent was for cash dividends and 6 percent for bonus shares
Economy
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
Economy
UAE’s economy projected to grow 4.8 percent in 2025 driven by non-oil sector, tourism surge: Oxford Economics
The non-oil sector is expected to grow by 4.6 percent year-on-year in 2024
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