Emirates Islamic Reports 1.1 Billion Dirhams in Operating Profits with 7% Growth in Q1
The Emirates Islamic Bank reported strong operational performance for the first quarter of 2026, driven by an increase in both funded and non-funded income, with total income rising by 6% compared to the same period last year.Operating profits also...
First Quarter Profits of Abu Dhabi Commercial Bank Surpass 5 Billion Dirhams
Abu Dhabi First Bank Reports Strong Q1 2026 Profits
Abu Dhabi First Bank has announced a net profit of 5.01 billion dirhams for the first quarter of 2026, achieving a return on tangible equity of 17.8%, surpassing the group's medium-term...
Dubai: A Top Destination for the World’s Wealthy Elite
A Comprehensive Array of Strategic IncentivesA Tax System That Safeguards and Grows WealthThe Emirate: A Global Innovation Hub and Economic Capital of the FutureDubai has established itself as a premier destination for capital mobility and affluent innovators, thanks to...
Dubai Establishes Its Global Leadership in Attracting Wealth and Real Estate Investments
The UAE Ranks Among the Fastest Growing Nations for Ultra-High-Net-Worth IndividualsDubai Secures Second Place Globally in Luxury Real Estate Price Growth Over One Year500 Transactions for Residential Units Exceeding $10 Million Expected in 2025The "Global Wealth Report 2026," released...
Demand Surge Boosts Emirates Airline
Emirates Airline's Resilient Recovery Amidst Regional Challenges
Tim Clark, President of Emirates Airline, has confirmed that the carrier is experiencing a robust and rapid recovery following the impacts of the conflict in Iran, emphasizing that strong demand is aiding the...
Land Sold in Dubai for 377 Million Dirhams
This morning, Dubai saw a significant real estate transaction with the sale of a plot of land in the Umm Suqeim First area for 377 million dirhams. This deal highlights the growing momentum in the emirate's property market and...
Continued Decline of Gold and Silver Prices in the UAE
Gold and silver prices in the UAE experienced a decline during trading on Friday, influenced by global market movements. The price of 24-carat gold dropped to AED 563.25, while silver fell to AED 8.86 per gram. Investors are watching...
Abu Dhabi Arabic Adds Three Weekly Direct Flights to Amman Airport
Abu Dhabi Airlines has announced the commencement of direct flights to Amman International Airport in Jordan, with a frequency of three flights per week starting from May 1, 2026. This new route will connect Zayed International Airport with Amman,...
Currency Exchange Between the UAE and the US: Mutual Benefits and Market Stability
In a moment marked by growing sensitivity in global financial markets, the notion of a currency swap between the UAE dirham and the US dollar emerges as one of the most significant anticipated developments in the international liquidity framework....
Ajman Finance Launches Financial Empowerment Program
The Finance Department in Ajman has launched a comprehensive community initiative called the "Financial Empowerment Program," aimed at enhancing financial literacy and supporting financial stability among various community groups, including senior citizens, individuals with disabilities, and students in schools...