Business

CBUAE’s Gold Reserves up 19.7% YoY

CBUAE’s Gold Reserves up 19.7% YoY

The value of gold reserves held by the Central Bank of the UAE (CBUAE) reached AED20.619 billion by the end…
GCC Accounted for 53.9% of Dubai Chamber of Commerce Members Exports, Re-exports in H1 2024

GCC Accounted for 53.9% of Dubai Chamber of Commerce Members Exports, Re-exports in H1 2024

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the…
Sharjah Sustainable City Hits AED 2.5 billion in Sales with Limited Villas Remaining 

Sharjah Sustainable City Hits AED 2.5 billion in Sales with Limited Villas Remaining 

Sharjah Sustainable City, the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) in partnership with…
Biggest Plot in Business Bay Just Sold Through Driven Properties

Biggest Plot in Business Bay Just Sold Through Driven Properties

Driven Properties, Dubai’s renowned real estate brokerage, announces its successful facilitation of the sale of the largest plot in Business…
EGA Ships Bauxite Cargo using LNG-Fuelled Ship in World Decarbonisation First

EGA Ships Bauxite Cargo using LNG-Fuelled Ship in World Decarbonisation First

Emirates Global Aluminium (EGA), the largest ‘premium aluminium’ producer in the world, today announced the world’s first bauxite cargo shipment…
800 Industrial Establishments in Ajman During First Half of 2024

800 Industrial Establishments in Ajman During First Half of 2024

Sheikh Hamad bin Nasser Al Nuaimi, Director of the Member Affairs Department at the Ajman Chamber of Commerce and Industry…
Dubai Property Sales Rise to AED49.6 Billion in July

Dubai Property Sales Rise to AED49.6 Billion in July

Dubai’s real estate market has enjoyed another bumper month, with property sales in July reaching a new peak for 2024…
MultiBank Group, Mashreq Partner to Launch 24/7 Instant Payments for Over 1 Million Traders Worldwide

MultiBank Group, Mashreq Partner to Launch 24/7 Instant Payments for Over 1 Million Traders Worldwide

MultiBank Group, the largest financial derivatives institution worldwide headquartered in Dubai, announces its strategic partnership with Mashreq to launch the…
CBUAE maintains Base Rate at 5.40%

CBUAE maintains Base Rate at 5.40%

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…
ADDED Adds 12 New Activities to Tajer Abu Dhabi Licence

ADDED Adds 12 New Activities to Tajer Abu Dhabi Licence

The Abu Dhabi Business Centre at the Abu Dhabi Department of Economic Development (ADDED) announced the addition of 12 new…
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