UAE

UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

Sharjah Islamic Bank Ready to Join Pakistan Sukuk as Finance Minister Meets Three UAE Lenders

Sharjah Islamic Bank is ready to take part in a planned Pakistani sukuk issuance, Pakistan's Finance Division said on October 17 after Finance Minister Muhammad Aurangzeb met the bank, ADCB and Ajman Bank in Bangkok.

UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

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UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

UAE Raises US Treasury Holdings by $6 Billion to $116.1 Billion in August

The UAE increased its holdings of US Treasury securities to $116.1 billion at the end of August from $110.1 billion in July, while Saudi Arabia trimmed its position to $141.2 billion, US Treasury data showed.

Sharjah Islamic Bank Ready to Join Pakistan Sukuk as Finance Minister Meets Three UAE Lenders

Sharjah Islamic Bank is ready to take part in a planned Pakistani sukuk issuance, Pakistan's Finance Division said on October 17 after Finance Minister Muhammad Aurangzeb met the bank, ADCB and Ajman Bank in Bangkok.

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Dubai Gold Prices Continue Falling as Investors Focus on Inflation and Monetary Policy

Dubai gold prices dropped below Dh500 per gram on Thursday, giving shoppers another opportunity to buy gold at lower rates after a sharp decline...

Gold Prices in the UAE Continue Downward Trend as Investors React to Inflation Risks and Higher Interest Rate Expectations

UAE gold prices recorded a sharp decline on Wednesday, falling by more than Dh10 per gram and reaching their lowest levels in over a...

UAE Announces Temporary Visa Ban for Travelers From Affected African Countries Following Ebola Concerns

The United Arab Emirates has temporarily suspended visa issuance for nationals of the Democratic Republic of the Congo, Uganda, and South Sudan. The measure...

Dubai Gold Prices Fall to Lowest Level in June as Global Market Weakness Brings Relief to UAE Buyers

Gold buyers in the UAE received welcome relief on Monday after Dubai gold prices dropped to their lowest levels since the beginning of June....

Dubai Hospitality Sector Relies on Domestic Guests Amid Regional Travel Challenges

Dubai’s luxury hotel sector is increasingly relying on residents as international tourist arrivals remain below normal levels due to the ongoing regional conflict. As...

Abu Dhabi Strengthens Housing and Business Stability With New Rent Freeze Regulations

Abu Dhabi has introduced a temporary measure that freezes rent increases for residential, commercial, and industrial properties across the emirate. The Abu Dhabi Real Estate...

Emirates Flight to Dubai Makes Unscheduled Refueling Stop Following Fuel Delivery Problems

An Emirates flight from Edinburgh to Dubai diverted to Manchester after fuel supply issues affected operations at airports in Scotland. The disruption caused delays...

UAE Petrol Prices Climb as Energy Markets Remain Volatile Amid Regional Uncertainty

UAE petrol prices will increase in June despite a recent decline in global oil benchmarks. Meanwhile, diesel prices will fall, offering some relief for...

UK and Gulf Cooperation Council Reach Historic Trade Pact to Improve Market Access

The Gulf trade deal marks a major step in economic cooperation between Britain and Gulf nations. The United Kingdom and the Gulf Cooperation Council...

Dubai Gold Prices Remain Supported by Regional Demand and Global Economic Uncertainty

Dubai gold prices remained steady on Thursday morning despite trading well below this month’s highest level. Traders across the United Arab Emirates continued monitoring the market...

Dubai Gold Prices Drop to Lowest Level Since Mid-March as Global Markets Weaken

Dubai gold prices opened lower on Wednesday as traders reacted to changing global market conditions. The precious metal recorded its weakest local performance since...

Dubai Gold Prices Stabilise After Ten-Day Decline as Global Bond Yields and Strong Dollar Pressure Demand

Dubai gold prices remained stable on Monday after a sharp decline over the past 10 days. However, traders continued to monitor global economic signals,...