UAE's non-oil business growth picks up in Sept on strong demand-PMI
DUBAI Non-oil business activity in the United Arab Emirates expanded at a faster rate in September than the
2023-10-04 12:20
Morgan Stanley Turns Bearish on Egypt, Warns Risks Building
Morgan Stanley is turning bearish on Egypt as the cash-strapped nation faces what the US bank called “mounting
2023-10-03 15:15
UAE's total revenue rose 32% in 2022
DUBAI The United Arab Emirates (UAE) saw revenue increase 31.8% in revenue in 2022, its finance minister said
2023-09-18 13:45
UAE's non-oil business growth slows in August but confidence high-PMI
DUBAI Growth in non-oil business activity in the United Arab Emirates eased in August to the slowest pace
2023-09-05 12:29
Exclusive-India cenbank nudges banks to settle UAE trades in rupee, dirham -sources
By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI India's central bank is nudging local banks to
2023-08-21 18:51
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:51
Dubai’s Biggest Lender Names Asarpota CEO of Investment Bank Arm
Emirates NBD PJSC appointed Hitesh Asarpota as chief executive officer of its investment banking division, replacing Mohammad Al
2023-07-31 20:17
Emirates NBD Beats Estimates as Margins, Deposits Boost Profit
Emirates NBD PJSC’s net income for the second quarter beat estimates as higher margins, an improved deposit mix
2023-07-27 13:54
UAE's Abu Dhabi sees strong industrial sector growth amid diversification push
(Corrects figure in third paragraph to 172 billion dirhams, not 171 billion dirhams in third paragraph) By Rachna Uppal ABU
2023-07-19 22:57
Turkey's Erdogan ends Gulf tour with Abu Dhabi visit
By Rachna Uppal ABU DHABI President Tayyip Erdogan visited the United Arab Emirates on Wednesday as he toured
2023-07-19 15:48
Hedge fund Verition joins rush to Dubai financial hub
By Hadeel Al Sayegh DUBAI U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft
2023-07-06 16:55
Mubadala-Backed UAE Lender Bulks Up With Ex-Citi, Natixis Hires
Abu Dhabi Commercial Bank PJSC has hired former Citigroup Inc. and Natixis SA bankers to key positions in
2023-07-03 17:24