Articles
GCC countries' gross foreign assets will swell to $4.4 trillion by next year, IIF says
Total foreign liabilities of the six-member regional bloc will be much smaller at around $1 trillion, leading to a net foreign assets position of $3.4 trillion
UAE Central Bank revokes licence of Cogent Insurance Broker
Regulator also removes company from broker registry due to weak compliance framework
UAE Central Bank holds rates steady following Fed lead
US regulator maintained its benchmark borrowing rates as the latest data shows core inflation in the world's biggest economy has slowed
GCC has significant financial means to mitigate climate risks, S&P says
The region could face an annual drop of up to 8 per cent in GDP by 2050 due to extreme heat
Dubai Taxi Company shares surge on DFM debut
The government-owned taxi service provider’s share price jumped about 19% in early trading
Dubai's Food Tech Valley and ReFarm plan a hi-tech gigafarm
Vertical farm venture expected to be operational in 2026 will be capable of replacing 1 per cent of the UAE’s fresh produce imports
UAE's Enec signs uranium supply deal with Kazakhstan’s Kazatomprom
The agreement aims to support the sustainable procurement of fuel for the Barakah nuclear energy plant
Abu Dhabi to set up Global Climate Finance Centre as part of Cop28 legacy
The independent think tank and research hub will support investment into sustainable projects
ADX teams up with FTSE for new ESG index to boost sustainable investment
Index will initially include 24 companies listed on the Abu Dhabi bourse
World’s GDP could drop nearly 4.4% annually by 2050 due to global warming
Lower-income nations exposed to climate risks are most vulnerable economically
Top 10 UAE banks record 5.6% rise in quarterly profit
Aggregate interest income grew by 11.4 per cent in the July-September period, report finds
Qatar’s growth 'normalising' after World Cup-driven boom, IMF says
Country’s medium-term outlook remains strong, supported by expansion of LNG production and reform efforts
Abu Dhabi-based Lunate and BNY Mellon to launch wealth technology company
New company will develop a customised wealth management technology platform for Mena region
DP World cuts carbon emissions from UAE operations by nearly 50%
The ports operator aims to achieve net-zero carbon by 2050
Salik’s third-quarter profit jumps on higher revenue
Revenue grows more than 14 per cent supported by strong growth in tourism and residency
