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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Russia Tax Service Intensifies Scrutiny on Russian Nationals’ UAE Bank Accounts

The Russian Federal Tax Service (FTS) has intensified scrutiny of Russian nationals holding bank accounts in the UAE. This step follows the effective implementation...

UAE Gold Prices Drop Below Dh500 Amid Global Market Optimism

UAE gold prices fell further on Monday as global rates dropped, pushing 24-karat gold below the Dh500 mark. In Dubai, 24-karat gold traded at...

UAE EV Insurance Premiums Remain Higher Despite Market Stability

Electric vehicle insurance premiums in the UAE EV are 20 to 35 per cent higher than those for conventional cars, even though overall car...

Grocery UAE Residents Shift to Budget Stores Amid Cautious Spending

Grocery UAE households are changing shopping habits due to perceived high prices. Residents buy fewer grocery items and prefer budget stores. Moreover, they delay non-essential...

UAE Expansion Boosts Sirma’s Digital Growth and Regional IT Presence

Digitalisation drives Sirma’s latest expansion as it launches Sirma ZSE in the UAE. The subsidiary will provide computer systems, network solutions, information technology, internet...

UAE’s Qashio Acquires Saudi Sanad Cash to Expand Regional Fintech Footprint

Qashio, the UAE’s leading corporate spend management platform, has acquired Sanad Cash. Sanad Cash is one of Saudi Arabia’s first and most established expense...

Tamara Gains UAE Central Bank Approval for Expansion

Tamara has received full regulatory approval from the Central Bank of the United Arab Emirates, marking a major milestone in its growth. The new...

Gold Steady in Dubai After Global Market Turbulence

Gold prices opened the week stable in Dubai, signaling a cautious recovery after last week’s global market turbulence. The calm start reflects investor patience...

Philippines Integrates OEC into OFW Travel Pass for UAE Workers

DUBAI The Department of Migrant Workers (DMW) has integrated the Overseas Employment Certificate (OEC) into the OFW Travel Pass. This affects millions of overseas...

Dubai Gold Prices Surge as Demand Stays Strong

Gold prices in Dubai rose to new highs this week, showing strong investor confidence and steady consumer demand across the UAE. The sharp rally...

Sharjah Investment Forum 2025 Unites Global Investors

The Sharjah Investment Forum 2025 will bring global investors, entrepreneurs, and economic leaders together for two days. It will take place from October 22...

Arab Financial Cooperation Strengthens Public Finance

The third Arab Financial Forum for the Sharjah Award for Public Finance opened in Tangier, Morocco. The event, centered on Arab financial cooperation, was...