The UAE Envisions Prospects for Economic Growth and Global Financial Stability
The United Arab Emirates is set to participate in the Spring Meetings of the World Bank Group and the International Monetary Fund, which will take place in Washington, D.C. from April 13 to 18, 2026. The delegation representing the...
Discussion on Enhancing Dual Licensing and Streamlining Business Procedures in Ajman
The Department of Economic Development and the Free Zones Authority in Ajman have explored ways to strengthen collaborative efforts aimed at implementing dual licensing. This initiative is designed to regulate the activities of entities operating within free zones in...
Ajman Chamber Supports the Food, Beverage, and Manufacturing Sectors
Salem Al Suwaidi, the Director General of Ajman Chamber, emphasized the chamber's commitment to enhancing its direct support for members in the private sector, particularly those in the food and beverage and manufacturing industries. This support is aimed at...
Discussion on the UAE Banks Union Initiatives to Enhance the Financial Sector
The advisory council of chief executive officers from member banks of the UAE Banks Federation held its first regular meeting of the year.In a statement, the council highlighted its review of the banking and financial sector's performance, discussing...
Luxury Apartment “Off Plan” in Dubai Sold for 171 Million Dirhams
The Dubai real estate market witnessed a record-breaking transaction on Friday, with the sale of a luxurious off-plan apartment for an impressive 171 million dirhams.According to data from the Land Department, the apartment is situated in the Jumeirah Second...
Arabian Hills Announces Completion of 70% of Infrastructure for Its Project in Al Ain
Anaam Holding Company has announced that its subsidiary, Arabian Hills for Development and Real Estate Investment, has made significant progress in the development of roads and infrastructure for the Arabian Hills project located in the Al Ain region. This...
AED 4.3 Trillion in Banking Transfers Over a Two-Month Period
In the first two months of 2026, the money transfer system managed by the Central Bank of the UAE recorded nearly 4.3 trillion dirhams in transactions. According to the transfer data, interbank transfers accounted for the largest share, representing...
12.5 Million Users Turn to “Annie” for Instant Payment Solutions
UnionPay, a subsidiary of the Central Bank of the UAE, has unveiled the results of its instant payment platform, "Ani." This platform marks a significant advancement in the national payment infrastructure and reflects remarkable progress in the UAE's digital...
XTBY Expands Regionally Across the Emirates
The global trading platform XTB has obtained first and second category licenses from the Capital Markets Authority (CMA) in the United Arab Emirates for its local subsidiary. This move aims to strengthen its regional presence and enhance its capacity...
Central Bank: UAE Economy Expected to Grow by 5.6% in 2026
The Central Bank of the UAE has reaffirmed its forecast for the real GDP growth rate to reach 5.6% in 2026, matching the expected growth from the previous year, as the national economic outlook remains strong this year.In its...