Profit in 2024: E& Reports $2.9 Billion Net Gain
E& Achieves Strong Profit in 2024 with Record Growth Record Financial Performance in 2024 E& reported a net profit of AED 10.8 billion in 2024, reflecting 4.3% year-over-year growth. Consolidated…
MENA Private Equity Deals Surpass $28B in Five Years
MENA Private Equity Deals Reach $28 Billion Over Five Years UAE, Saudi Arabia, and Egypt Lead in Deal Count Private equity (PE) transactions in the MENA region totaled $28 billion…
UAE’s Dh500 Banknote Wins Best New Issue for 2025
UAE’s Dh500 Banknote Earns Top Award The UAE’s Central Bank has won another big award! The newly released Dh500 banknote was named Best New Banknote Issue for 2025 in the…
Turkey-GCC: GCC Banks Cash In on Turkey’s Booming Debt Market
Turkey-GCC: A Thriving Partnership in Turkey’s Debt Market Turkey’s debt market has experienced remarkable growth, driven by strong economic policies since 2023. After President Erdoğan’s re-election, foreign investors began returning…
Ramadan 2025: Sharjah Extends Paid Parking Timings in UAE
Ramadan 2025: Sharjah Extends Parking Hours and Enhances Public Services Ramadan 2025 :Extended Parking Timings Sharjah City Municipality has announced new paid parking hours for Ramadan 2025. Parking fees apply…
Danube Introduces Flexible Unit Designs: Convert Studio into 1BHK
Danube Introduces Flexible Unit Designs with Studio-to-1BHK Conversions Affordable and Convertible Homes Danube Properties launches flexible unit designs, allowing studio apartments to convert into 1BHK units. Prices start at Dh800,000…
Ooredoo Group to Build a High-Speed Submarine Cable Connecting GCC Countries
A New Era of Connectivity in the Gulf by Ooredoo Group Ooredoo Group is set to launch a major project called Fibre in Gulf (FIG) to improve digital connectivity across…
GCC Foreign Reserves Reach $804.1 Billion, Showing Strong Economic Growth
The total GCC foreign reserves have reached an impressive $804.1 billion, highlighting the region’s strong financial position. This increase reflects the economic stability of Saudi Arabia, the UAE, Qatar, Kuwait,…
Italy-UAE Investment Deal: Meloni Secures $40B Pledge from UAE
Italy-UAE: $40 Billion Investment Deal Strengthens Strategic Ties Meloni Boosts Gulf Relations Italian Prime Minister Giorgia Meloni has strengthened ties with Gulf nations(Italy-UAE) since 2022. She ignored political opposition concerns…
Ramadan 2025 Timings: Important Changes in the UAE
As Ramadan 2025 approaches, the UAE has announced several changes to daily routines. These adjustments include shorter working hours for both public and private sector employees, free parking during iftar,…