SHARJAH: The Sharjah Economic Development Department (SEDD) has released its report for the first half of 2024, which showed an increase in the total number of business licences issued and renewed in Sharjah to 34,662, a 3 percent growth year-on-year …
ABU DHABI: The value of transfers executed in the UAE banking sector through the UAE Funds Transfer System (UAEFTS) hit around AED6.12 trillion in the first four months of 2024, according to the latest statistics from the Central Bank of the UAE (CBUA…
DUBAI: National Bonds, the UAE’s leading Sharia-compliant savings and investment company, announced the onboarding of United Arab Bank (UAB) to its innovative Sharia-compliant Al Manassah platform, reflecting National Bonds’ commitment to supporting t…
ABU DHABI: Following the twenty-first meeting of the Higher Committee Overseeing the National Strategy on AML/CFT, which was chaired by H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, on 10th July, 2024…
ABU DHABI: The value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED20.36 billion by the end of April 2024, marking a year-on-year (YoY) growth of around 12 percent from AED18.147 billion in April 2023.
The apex bank, in its lates…
ABU DHABI: Aldar Properties and DP World have signed a strategic agreement where Aldar will fund and develop a 1.55 million sqft (144,000 sqm) Grade A logistics park at National Industries Park (NIP) in Jebel Ali, Dubai.
This partnership will provide…
DUBAI: The Dubai International Financial Centre (DIFC) Courts today released its figures for the first six months of 2024, reflecting continued growth in case numbers for the region’s pre-eminent forum for English language dispute resolution. In addit…
AJMAN: Abdullah bin Mohammed Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), received a delegation from the Gulf Chinese Trading Corporation, which manages Ajman’s China Mall. The meeting discussed ways of cooperation and re…