Bankruptcies Among Companies in Germany Reach Highest Level in 20 Years
The number of corporate bankruptcies in Germany rose to its highest level in over two decades during the first quarter of the current year.According to the Leibniz Institute for Economic Research in Halle, there were 4,573 recorded bankruptcies for...
Global Aircraft Rental Program with Annual Investments of $1.6 Billion
Dubai Aerospace Enterprises and Blackstone Credit and Insurance have entered into a partnership to launch a new long-term global investment program named "Equator," aimed at investing in aircraft leased to commercial airlines, with targeted investments of approximately $1.6 billion...
Saqal Shareholders Approve Distribution of “Interim” and “Extraordinary” Profits
The general assembly of Salik held on Thursday approved the distribution of cash dividends totaling 890.34 million dirhams (equivalent to 11.8712 fils per share) for the second half of 2025.The assembly also sanctioned an extraordinary cash dividend of 107.84...
Ras Al Khaimah Economic Department Addresses 347 Complaints in the First Quarter
The Economic Development Department of Ras Al Khaimah continues to reinforce its consumer protection framework and improve market oversight. In the first quarter of this year, the Commercial Protection Division successfully addressed 347 complaints, demonstrating the effectiveness of its...
Dubai Multi Commodities Centre Launches Maritime Trade Hub
The Dubai Multi Commodities Centre (DMCC) has announced the launch of a new Marine Trade Centre aimed at strengthening Dubai’s position as a global hub for maritime shipping, trade, and finance. This new initiative is built on a solid...
Central Bank: 5.47 Trillion in Banking Assets by the End of February
In February, the monetary and banking indicators in the UAE continued to show positive trends. The total banking assets increased by 1.1%, surpassing AED 5.472 trillion, compared to approximately AED 5.414 trillion at the end of January, as reported...
Dubai Promotes Growth of Businesses in the E-Commerce Sector
Dubai is continuously strengthening its position as a premier global business hub, supported by a regulatory framework designed to empower and facilitate the expansion of companies in the e-commerce sector and to promote innovation in the simplest ways possible....
Economic and Tourism Department Launches “Luxury Taste of Dubai” Campaign
The Dubai Department of Economy and Tourism has announced the launch of the "Luxury Taste of Dubai" campaign across the emirate. This initiative aims to encourage more citizens and residents to explore exceptional dining venues and enjoy the diverse...
DP World: Internal Corridors to Expedite Container Transport to Jebel Ali Port
Dubai Ports World Implements Internal Corridors to Enhance Container Transport
Ahmed Hassan, the CEO and General Director of DP World in the Gulf Cooperation Council, announced that the organization has activated internal corridors to expedite container transport to Jebel Ali...
Real Estate Investors Opt for Dubai with Confidence Amid Global Turmoil
Amid a thriving investment climate, the real estate sector in Dubai continues to experience a remarkable surge, registering total property transactions worth 18.2 billion AED last week. This figure reflects the ongoing robust momentum seen in the market since...