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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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Jakarta Flights Cancelled as Volcanic Ash From Mount Anak Krakatau Creates Widespread Travel Disruption

Jakarta flights face widespread disruption after volcanic ash from Mount Anak Krakatau affected airport operations. Several major airlines cancelled services to Jakarta on Monday....

Dubai Gold Prices Fall as 22K Nears Dh490 Per Gram Amid US Rate Uncertainty

Dubai gold prices slipped at the start of the week as investors awaited important US economic data. The market opened lower after gold recorded...

UAE Sets New Crypto VAT Rules for Digital Currency Payments and Dirham Tax Reporting

The UAE has introduced new Crypto VAT rules for businesses accepting digital currency payments. The new requirements explain how companies should value crypto transactions...

UAE Listed Profits Surge 28.6% to Dh79.2 billion in Q2 2026 as Banking and Real Estate Drive Growth

UAE listed profits surged during the second quarter of 2026, supported by strong performances across banking, real estate, and other major sectors. Companies listed...

Apple Foldable iPhone and New Pro Models Set to Debut on September 9 with UAE Prices Revealed

Apple foldable plans are expected to dominate the company's September 9 event. Apple could introduce its most significant iPhone changes in several years. The...

CFI Appoints Federico Cirulli as Chairman as Trading Group Strengthens Leadership for Global Expansion

CFI leadership is entering a new phase after Federico Cirulli took over as chairman of the group's board. The appointment marks another step in...

Saudi-UAE Payment Delays Raise Costs for Businesses and Disrupt Cross-Border Trade

Payment delays between Saudi Arabia and the UAE are creating growing challenges for businesses. Companies now face longer transfers, additional checks, and higher transaction...

UAE Professionals Remain Confident as 91% Plan to Continue Living and Working in the Country

More than nine in 10 UAE professionals plan to remain in the country over the next year, according to new research. The findings show...

UAE Non-Oil Businesses Record Fastest Growth Since 2024 as New Orders and Output Surge

UAE non-oil businesses recorded their strongest improvement in business conditions since December 2024. Stronger orders, higher output, and rising exports supported the latest expansion....

Dubai Gold Prices Fall Further as 24K Rate Drops to Dh519.25 per Gram Amid Rising Treasury Yields and Market Tensions

Dubai gold prices continued their decline on Wednesday as the precious metal faced renewed pressure in global markets. The 24K rate fell to Dh519.25...

Dubai Mortgages Show Greater Resilience as UAE Banks Adapt to Federal Reserve Rate Changes and Rising Local Property Demand

Dubai mortgages are showing signs of greater independence from Federal Reserve decisions. UAE banks still follow the country’s dollar-linked monetary framework. However, lenders now...

UAE Billionaires Reach 59 With Combined Wealth of $201 Billion as Dubai Strengthens Global Wealth Hub Status

UAE Billionaires reached 59 in 2025, with their combined wealth reaching $201 billion. The figures place the country among the world’s leading billionaire markets....
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