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 Office Sales Break Records Amid Booming Demand

Dubai office sales have broken all previous records in both volume and value this year. Investors showed strong interest in the office real estate...

Dubai Property Owners Must Pay Service Charges on Time to Protect Credit Scores

Dubai property owners must now take Dubai service charges payment seriously, as failure to pay on time could negatively impact their credit scores. The UAE is...

UAE Economy Grows 4% in 2024 Driven by Non-Oil Sector Expansion

The UAE economy grew 4% in 2024, powered by strong growth in its non-oil sector. The country’s real GDP reached Dh1.78 trillion ($485 billion),...

SOCIALEYEZ Wins Abu Dhabi Department of Government Enablement Account

SOCIALEYEZ wins investment with a significant new client and the Abu Dhabi Department of Government Enablement (DGE). This partnership starts in April 2025. SOCIALEYEZ will...

UAE Central Bank Slaps Six Exchange Firms with Hefty Fines Over AML Breaches

The UAE Central Bank has imposed substantial penalties totaling AED 12.3 million on six exchange companies for AML violations, marking its latest enforcement action against financial misconduct. This decisive...

UAE Gold Price May Drop to Dh360 as Shoppers Turn Investors

UAE gold price may drop to Dh360, as bullion markets show signs of softening. Shoppers in the UAE are waiting for another price dip...

UAE Corporate Tax System Grows but Stays Clear

The UAE corporate tax system continues to expand while staying simple, direct, and business-friendly. The tax law had only 60 pages. It was easy...

UAE-EU Trade Talks Aim to Boost Economic Cooperation Through New Partnership Deal

UAE-EU trade talks took center stage as leaders from both sides met in Dubai this week. They discussed plans for a Comprehensive Economic Partnership...

UAE Corporate Tax Filing Errors May Trigger Audits and Fines

UAE corporate tax filing is no longer optional. Businesses across the UAE are rushing to prepare financial statements before the fast-approaching deadline. However, filing...

Trump Qatar Air Force One Deal Finalized as Pentagon Accepts Qatari 747 Gift

The Qatar jet Air Force One gift has cleared Pentagon review and now serves as the president’s temporary aircraft. Defense Secretary Pete Hegseth signed off on...

UAE Industrial Financing Deals Unlock Dhs40bn to Drive Tech and SME Growth

The UAE government has launched a new wave of support for industrial development. On Tuesday, it signed UAE industrial financing deals worth over Dhs40bn with top...

UAE Domestic Card Scheme Jaywan Enhances Local Payments

The UAE has launched Jaywan, a new payment option under the UAE domestic card scheme. This move offers a homegrown alternative to global card...