UAE CEOs Show Record Optimism as 85% Expect Global Economy to Improve by 2025
UAE CEOs Show Strong Confidence in Global Economy Record Optimism for Global Growth UAE CEOs express strong confidence in the global economy, with 85% expecting improvement. This marks a jump…
Abu Dhabi GDP Grows by 3.8% in 2024, Driven by Non-Oil Sector
Abu Dhabi’s Economy Grows 3.8% in 2024, Boosted by Non-Oil Sector Strong Economic Growth in 2024 Abu Dhabi’s economy expanded by 3.8% in 2024, thanks to the rapid growth of…
Top Crypto Leaders of 2025 Shaping the Future
Crypto Leaders of 2025: The New Faces of Digital Finance The cryptocurrency world is evolving fast, and a new group of influential leaders is shaping its future. These individuals are…
Drake & Scull Reduces Accumulated Losses by Over Dh2 Billion
Drake & Scull Cuts Losses, Secures Dh1 Billion in UAE Contracts Drake & Scull Reduces Accumulated Losses by Dh2 Billion Drake & Scull reduced its accumulated losses from Dh5 billion…
UAE Central Bank Fines Banks for Breaking Tax Rules
UAE Central Bank Fines Financial Institutions for Tax Rule Violations The Central Bank of the UAE (CBUAE) has imposed fines of AED 2.62 million on five banks and two insurance…
Middle East M&A Boom: Big Deals in AI, Energy & Infrastructure
Middle East M&A Market Thrives in 2024 with Strong Deals in AI, Renewables, and Infrastructure The Middle East M&A market remained strong in 2024, recording 475 deals despite global economic…
ADCB Credit Rating Upgraded to ‘A+’ by S&P, Reflecting Strong Financial Position
ADCB Credit Rating Upgraded to A+ by S&P ADCB Among Top Three in MENA Region ADCB secured an ‘A+’ credit rating from S&P Global Ratings. Strong financials and asset quality…
CBUAE Introduces New AED 100 Banknote with Enhanced Security Features
CBUAE Launches New AED 100 Banknote with Advanced Features AED 100 banknote: Part of the Third Issuance of National Currency The Central Bank of the UAE (CBUAE) introduced a new…
SNB and Saudi Banks Poised for Profit and Loan Growth Until 2027: CI Capital
SNB Leads Saudi Banks in Growth Amid Market Discount: CI Capital SNB: Banks Trade at a 22% Discount Saudi-listed banks trade at a 22% discount to their 2022 price-to-book peak…
BNPL Solutions: Checkout.com and Tabby Expand Services in UAE and Saudi Arabia
BNPL Solutions: Checkout.com and Tabby Expand Services in UAE and Saudi Arabia Seamless Integration for Merchants Tabby integrates BNPL solutions directly into Checkout.com’s platform. This integration helps merchants offer seamless,…