Tag: UAE

Business

Emirates Islamic concludes debut US$500 million financing facility

the financial -
Emirates Islamic has announced the successful conclusion of its debut US$500 million syndicated Financing Facility. The landmark three-year term financing facility is the first of...
Business

Dubai Investments shareholders approve 12.5% dividend

the financial -
Dubai Investments has announced the distribution of 12.5 per cent cash dividend to the shareholders for the financial year ending December 31, 2023. The group...
Spotlight

Abu Dhabi to host AIM 2024 on 7th May

the financial -
The AIM (Annual Investment Meeting) Congress 2024, the premier global investment platform, is set to convene in Abu Dhabi from 7th to 9th May...
Spotlight

Microsoft invests $1.5 billion in Abu Dhabi’s G42 to accelerate AI development, global expansion

the financial -
G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft on Tuesday announced a $1.5 billion strategic investment by Microsoft in G42. The...
Business

Emirates NBD leads top regional banks’ asset surge

the financial -
Led by Dubai’s largest lender, Emirates NBD, 18 out of the 30 largest banks in the Middle East and Africa moved up the ranking...
Economy

World Bank raises forecast for UAE’s real GDP growth to 3.9% in 2024; 4.1% in 2025

the financial -
The World Bank has raised its forecast for the UAE’s real GDP growth to 3.9 per cent in 2024, compared to its previous forecast...
Spotlight

UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility

the financial -
The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according...
Business

Emirates Development Bank delivers record increase in industrial GDP impact

the financial -
Emirates Development Bank has unveiled a record increase in total financing since the launch of EDB’s strategy in 2021 to Dh10.4 billion, bringing its...
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