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    FAB registers record net profit of Dhs5.4 billion in first half of 2021

    28 Jul 2021

    First Abu Dhabi Bank (FAB) has reported its financial results for the first half period ended 30th June 2021. First half 2021 Group net profit was Dhs5.4 billion, an 11 per cent increase year-on-year. The Group recorded a net profit of Dhs2.9 billion

    VP greets UAE-based tech startup for 1st ME unicorn to list on Nasdaq

    28 Jul 2021

    His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday took to twitter to praise an Arab youth who founded a $1.5 billion company. “Dubai-headquartered

    UAE Central Bank maintains base rate applicable to ODF at 15 basis points

    29 Jul 2021

    The Central Bank of the UAE (CBUAE) has maintained the base rate applicable to the overnight deposit facility (ODF) at 15 basis points, effective from Thursday (July 29).

    Etisalat records Dhs4.7 billion net profit in H1

    29 Jul 2021

    Etisalat Group consolidated revenues amounted to Dhs26.4 billion representing year-over-year (YoY) increase of 3.2 per cent while consolidated net profit

    UAE and US officials take up financial crime countermeasures

    13 Jul 2021

    A high-level delegation of UAE Banks Federation (UBF) Compliance Committee, led by UBF Director-General Jamal Saleh, held a meeting with Paul Ahern, Principal Deputy Assistant Secretary,

    UAE to chair 6th Annual AIIB Board of Governors meeting

    13 Jul 2021

    The United Arab Emirates and Asian Infrastructure Investment Bank (AIIB) on Tuesday signed a Memorandum of Understanding (MoU) to finalise plans for the UAE

    GGC retail’s market projected to reach $50 billion by 2025

    14 Jul 2021

    According to Dubai Chamber’s latest forecast E-commerce sales in Dubai are forecasted to jump 23 per cent to reach $27 billion in 2022, driven by the COVID-led digital shift and changing consumer demands, which are levelling the playing field.

    Dana Gas collections up 106% in H1

    15 Jul 2021

    Dana Gas, the Middle East’s largest regional private sector natural gas company announces that its H1 2021 collections from the Kurdistan Region of Iraq (KRI), and Egypt,

    UAE and Hungary to strengthen economic, investment relations

    15 Jul 2021

    As part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world, the UAE, represented by the Ministry of Finance (MoF),

    Dubai’s investment landscape highlighted for EU businesses

    15 Jul 2021

    DMCC - the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - has completed a European roadshow during which it signed

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