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

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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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RBI Approves Merger of Emirates NBD’s India Branches Into RBL Bank From December 1

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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...

More News

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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UAE Banks Raise Fees on Overseas Card Spending

UAE banks will soon raise charges on international card payments. Starting September 22, foreign transaction fees will increase to 3.14%, up from the current...

UAE Trading Volumes Drive Global Growth with Capital.com

Capital.com reported that global trading volumes climbed to $1.5 trillion during the first half of the year, representing a 42.5 percent increase from the...

Derasat CEO Participates in Hili Forum 2nd Edition

Abdulla Mohamed Alahmed, CEO of Derasat, participated in the 2nd edition of the Hili Forum in Abu Dhabi. The event took place on September...

UAE Banking Sector Surges in Lending and Profitability

The UAE banking sector outperformed its GCC peers, achieving strong revenue and lending growth. Moreover, analysts highlighted disciplined management, operational efficiency, and diversified income...

UAE Minimum Wage Could Reshape Business Costs and Worker Productivity

The UAE is considering the potential impact of a minimum wage for its lowest-paid workers. Experts say the measure could improve living standards but...

UAE Banks Crack Down as Exchange Licence Revoked Over Money Laundering

The UAE Central Bank revoked the licence of Malik Exchange, an Abu Dhabi-based remittance company, after serious compliance breaches. The regulator struck the firm’s...

UAE Corporate Tax Wins OECD Approval to Boost Investor Confidence

The UAE strengthened its global tax standing with new recognition from the Organisation for Economic Co-operation and Development. The OECD granted the country’s Domestic...

UAE Tax Collections Surge to $97 Million on Record Compliance Drive

The United Arab Emirates has collected more than $97 million in taxes and fines during the first half of the year. The UAE tax...

UAE Seizes 17.6 Million Illegal Goods

The UAE illegal goods crackdown intensified in the first half of the year. The Federal Tax Authority (FTA) seized more than 17.6 million items...

UAE-India Flights Dh53 in Air India Express Freedom Sale

Air India Express has launched a special "freedom sale" to celebrate India's 79th Independence anniversary. Therefore, travelers can now enjoy exciting ticket prices for...

UAE Economy to Grow 5% as Region Leads Global Growth

UAE economic growth in 2025 will reach five per cent, according to a new forecast from Standard Chartered Bank. The outlook reflects strong fundamentals,...

UAE Economy Feels the Strain as Non-Oil Growth Cools

The UAE economy continued to expand, but the pace of growth weakened notably. Although non-oil sectors remained in positive territory, momentum slowed to a...
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