Business & Economy
Gulf profits climb to 3-year high as banks and property drive gains
Aggregate earnings across the GCC reached their strongest level in 12 quarters as banking and real estate growth…
Category: Business & Economy
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Business & Economy
UAE issues major tax rule change from January 1, 2026
The UAE has introduced significant updates to its tax procedures framework with the issuance of Federal Decree-Law No.…
Business & Economy
Revolut steps up UAE build-out as launch nears, pending full licence – GCC CEO
Revolut is accelerating its UAE build-out and is hopeful it could launch soon once it secures a full…
Business & Economy
FAB’s $1 billion AT1 six-year instrument oversubscribed 3.3 times
UAE’s First Abu Dhabi Bank (FAB), the UAE’s largest and safest financial institutions, has successfully issued a US$1…
Business & Economy
UAE banks’ gross assets increase by 2.2% in the past one month
The Central Bank of the UAE (CBUAE) said gross assets of the banks in the country increased by…
Business & Economy
National Bank of Kuwait opens new DIFC branch
National Bank of Kuwait (NBK) has officially opened its new branch in Dubai International Financial Centre (DIFC), marking…
Business & Economy
The New Talent Corridor: UAE Giants Turn to India’s Masters’ Union for Next-Gen Leadership
In a regional first, five major UAE companies recruit over 13 students from the new-age Indian B-school, signaling…
Business & Economy
GCC banks expected to maintain stable credit fundamentals in 2026 – S&P
Banks across the Gulf Cooperation Council (GCC) are expected to maintain stable financial profiles in 2026, supported by…
Business & Economy
Emirates NBD partners with GCAA for fully automated H2H payment platform
Emirates NBD has announced a partnership with the UAE’s General Civil Aviation Authority (GCAA) to implement a Host-to-Host…
Business & Economy
UAE launches ‘Buy Now, Pay Later’ option for fees and fines through Tabby
The UAE Ministry of Finance (MoF) has launched a new payment service in partnership with Tabby, enabling customers…