Browsing: UAE

The insurance sector comprised 23 traditional national companies, 10 Takaful national and 27 foreign companies

Dubai’s population continued to increase in the first quarter of 2024 as more and more foreign workers and investors flocked to the emirate.

The Central Bank noted that the UAE’s consolidated fiscal balance for the first nine months of 2023 posted a surplus of AED61 billion, equivalent to 4.4 percent of GDP

RIYADH: The UAE and Saudi Arabia have been ranked first and third respectively in the Global Entrepreneurship Monitor report for 2023-2024.

IRH, which recently bought a 51% stake in Zambia’s Mopani Copper Mines, told Reuters the deal has unlocked potential for more opportunities to grow in Africa’s second largest copper producer

A total of Dh1.8 billion was spent on humanitarian projects by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) in 2023, including an aid of Dh50 million to Palestinians in Gaza. The projects positively impacted the lives of 111 million people in 105 countries worldwide.

Russians are scaling back their property investments in Dubai due to a rise in local prices and a tighter US sanctions compliance policy in the emirate, Bloomberg reported on Thursday.   

This achievement is significant as the country recorded a rate of 7.7, a record number in the history of the report

RIYADH: Asian and Australian businesses helped fuel a 550 percent annual rise in small and medium enterprises setting up in Dubai in 2023, according to a report.

RIYADH: Abu Dhabi sovereign wealth fund Mubadala Investment Co. has picked banks for its debut 10-year sukuk, a document seen by Reuters on Monday showed.