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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Abu Dhabi Extends Housing Loan Activation Period to Give Citizens More Time for Residential Projects

Abu Dhabi Housing Loans have received a two-year extension to give citizens more time to complete residential projects across the emirate. The decision provides...

DP World Revenue Rises 13% to $12.7 Billion as Global Logistics Growth Continues

DP World Revenue rose 13.1% during the first half as logistics, marine services, and overseas ports supported growth. The Dubai-based global trade company reported...

Dubai Apartment Prices Fall as Burj Khalifa Leads July Declines

Dubai apartment prices continued to face pressure in July, although some communities recorded stronger performance. Meanwhile, buyers increasingly showed interest in completed homes. Apartment values...

Gold Prices in Dubai Rise Further as 24K Reaches Dh530.25 Amid Strong Weekly Rally

Gold prices continued rising in Dubai on Wednesday as the precious metal extended its recent recovery. The latest move pushed 24K gold to Dh530.25...

Dubai Property Market Gains from Population Growth as Rising Supply Delays Price Increases

Dubai property continues attracting attention as rapid population growth strengthens long-term housing demand. However, stronger population numbers may not immediately push home prices higher. More...

Sharjah Plans to Level Khor Fakkan Mountain for New Residential Development

Sharjah housing plans could expand residential capacity in Khor Fakkan as officials examine a new mountain development. The proposal aims to address limited land...

DEWA Profit Jumps to Dh3.33 Billion in H1 2026 as Electricity Demand Drives Growth

DEWA profit reached Dh3.33 billion during the first half of 2026. Stronger demand for electricity, water, and cooling services supported the results. Dubai Electricity and...

Dubai Gold Prices Surge as 22K Nears Dh500 Amid Rising Regional Tensions

Dubai gold prices continued climbing on Tuesday as 22K bullion moved closer to Dh500 per gram. Gold prices strengthened in Dubai and international markets...

Dubai Gold Prices Stay Above Dh522 as Market Holds Near Record Highs After Last Week’s Rally

Dubai gold prices remained close to record levels on Monday after a strong advance last week. Investors now await important US economic data for...

Dubai Home Prices and Rents Decline as Rising Supply Brings More Balance to Property Market

Dubai home prices declined during the second quarter as residential supply continued to increase across the city. Meanwhile, rental rates also moved lower during...

Dubai Gold Prices Jump Dh21.75 in One Day, Cross Dh500 Mark for the First Time in Weeks

Dubai gold prices climbed sharply on Thursday, drawing strong attention from buyers and investors. Dubai gold prices crossed the Dh500 level for the first...

Aramex Reports Strong Profit Recovery After Record AED1.8 Billion Quarterly Revenue

Aramex profit returned during the second quarter as the Dubai-based logistics company delivered its strongest quarterly revenue on record. Aramex profit highlighted the company's...