His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued a new law establishing the Dubai Investment Fund...
The UAE’s banking and financial sector will mobilise more than Dh1 trillion ($272.5 billion) in sustainable finance by 2030, senior officials said at the 28th edition of the United...
Oman Insurance Company on Thursday said it changed its legal name to Sukoon Insurance following completion of all regulatory requirements. According to a statement from the company, the legal...
The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South recorded 16,657 private jet movements in 2023, a growth of 8 per cent over 2022, marking the highest-ever movements...
The UAE continued its domination in terms of initial public listing proceeds in the GCC in 2023, accounting for almost 56.3 per cent of the region’s total issuance proceeds....
Abu Dhabi Islamic Bank on Tuesday reported a growth in net profit of 45 per cent for 2023 to Dh5.25 billion from Dh3.62 billion in 2022. Net profit for...
Riding a relentless boom, India’s stock market has overtaken Hong Kong’s for the first time to rank as the fourth-biggest equity market globally by market capitalisation. India’s market cap...
Dubai Islamic Bank, the largest Islamic bank in the UAE, on Tuesday announced that its net profit rose 26 per cent to Dh7.01 billion for the period ending December...
The United Arab Emirates is known for its spectacular, grand mosques with detailed architecture. However, this new mosque in Sharjah is a cut above the rest, bringing back the...
The US dollar rose to a two-week high on Wednesday, underpinned by elevated US Treasury yields, as investors questioned the market expectation of six interest rate cuts in 2024.Trading...