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...

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.

Explore more

UAE and Egypt Currency Swap Renewed at $1.4 billion to Strengthen Trade and Financial Cooperation

The UAE and Egypt have renewed their currency swap agreement for another five years. The currency swap remains valued at AED5 billion, or about...

Dubai Gold Prices Recover Above Dh500 as Global Markets Balance Higher Yields, a Stronger Dollar and Geopolitical Risks

Dubai gold prices recovered above Dh500 per gram on Wednesday after falling below the level earlier this week. The recovery came as global gold...

How Did the U.S.–Iran Conflict Reshape the Gulf Economy, Oil Markets, Global Trade and International Investment?

The Gulf economy is facing growing pressure from the U.S.-Iran conflict and wider global market uncertainty. Energy prices, shipping, investment, and trade are facing...

Dubai Gold Prices Stay Below Dh500 for Second Day as Global Bullion Markets Face Pressure

Dubai gold prices remained below Dh500 per gram for a second straight day. The market continued to face pressure from weaker global bullion prices....

Dewa Refinancing Secures $2.7 Billion For Dubai Solar Park’s Fourth Phase as Clean Energy Capacity Expands

Dewa refinancing has secured $2.7 billion for the fourth phase of Dubai's major solar park. Dubai Electricity and Water Authority completed the financing package...

Dubai Gold Price Falls Dh11 As 24K Gold Drops to Dh505.50 Per Gram Amid Stronger US Dollar

The Dubai gold price fell Dh11 per gram on Monday morning. The 24K rate reached Dh505.50 per gram at the market opening. The decline...

SIB Sukuk Raises $500 Million Through Five-Year Deal Amid Strong Investor Demand

Sharjah Islamic Bank has raised $500 million through a five-year SIB sukuk issuance. The deal attracted strong demand from international investors. The order book...

Emaar Property Sales Slow as Dubai Developer Relies on Strong Cash Reserves and AED165 Billion Backlog

Emaar property sales have slowed sharply in 2026 as regional tensions affect buyer confidence. However, Dubai's major developer continues to report strong financial results....

Dubai Rental Rents Fall as Tenants Choose New Homes for Savings of Up to 15 Percent

Dubai rental rents are changing tenant decisions as new contracts offer significant savings. More residents are now choosing new homes instead of renewing existing...

Dubai Gold Prices Ease as Inflation Concerns and Higher Oil Prices Weigh on Market

Dubai gold prices eased on Wednesday as renewed inflation concerns weighed on precious metals. Rising oil prices also added pressure to the market. The...

Dubai Gold Prices Rise to Dh523.25 as Bullion Extends Rebound on Softer Yields and Dollar

Dubai Gold prices extended their rebound on Tuesday as bullion gained support from softer market conditions. The 24K rate reached Dh523.25 per gram at...

Dubai Gold Prices Rebound as 22K Gold Nears Dh500 Amid Strong Global Demand

Dubai gold prices moved higher on Tuesday as the US dollar weakened and investors watched global economic signals. The latest increase pushed 22K gold...