The UAE banking sector continues to demonstrate robust growth,with total banking assets reaching 4.456 trillion dirhams by the end of October 2024, according to the latest
The Gulf region has solidified its position as a global maritime powerhouse, with its ports and fleets achieving remarkable milestones in 2024. According to the Statistical Center for the Cooperation Council for the Arab States of the Gulf,10 Gulf ports have been ranked among the 70 most efficient ports globally,out of 405 evaluated worldwide.This achievement … Read more
The UAE and Uganda have solidified a landmark agreement to establish a state-of-the-art eye hospital in Entebbe, Uganda, with an investment of up to $20 million. This initiative, driven by the directives of UAE President Sheikh Mohammed bin Zayed Al Nahyan, underscores the UAE’s commitment to advancing global healthcare and addressing critical medical needs in … Read more
Gold Prices in the UAE Decline on January 15,2025: A Detailed Report Gold prices in the United Arab Emirates experienced a notable decline on Wednesday,January 15,2025,sparking interest among investors and consumers alike. The drop in prices,coupled with significant disparities across different karats,has drawn attention to the dynamics of the gold market in the region. Known … Read more
The UAE is making a bold leap into the lithium industry, a move that is set to redefine its industrial landscape and bolster its position as a global leader in clean energy and advanced technologies. According to the Interregional Center for Strategic Analyzes, this strategic shift is aimed at strengthening the industrial sector and attracting … Read more
The United Arab Emirates (UAE) and Mexico are forging stronger economic ties, with non-oil trade between the two nations reaching $2.2 billion in the first ten months of 2024, marking a 1% increase compared too the same period in 2023. This growth builds on a significant 20.8% surge in 2023, when trade volumes hit $2.6 … Read more
Netanyahu Unveils Controversial “Greater Israel” Map, Sparking Regional Tensions Israeli Prime Minister Benjamin Netanyahu has ignited a firestorm of controversy with the release of a new map outlining a vision for a “united Israel.” The map, shared by Israel’s Ministry of Foreign affairs on social media, includes territories such as Lebanon, Jordan, Syria, Iraq, Palestine, … Read more
Etihad Airways Flight Makes Emergency stop on Abu Dhabi Runway Table of Contents Etihad Airways Flight Makes Emergency stop on Abu Dhabi Runway Safety Remains Top Priority Interview with Etihad Airways Spokesperson An Etihad Airways Boeing 787-9 Dreamliner, flight EY461, bound for Abu dhabi from Melbourne, experienced a dramatic last-minute grounding on the runway at … Read more
Dubai’s Comprehensive Crackdown on Single-Use plastics Table of Contents Dubai’s Comprehensive Crackdown on Single-Use plastics Dubai Bids Farewell to Single-Use Plastics: A Model for US Cities? Lessons for the US from Dubai’s Initiative Dubai’s Plastic Ban: A model for American Cities? Dubai, a city known for its opulence and rapid growth, is making headlines for … Read more
Indian Rupee remains Stable Against UAE Dirham Amidst Trade Deficit Concerns Table of Contents Indian Rupee remains Stable Against UAE Dirham Amidst Trade Deficit Concerns Exchange Rates Across Major UAE Banks (January 4, 2025) India’s Trade Deficit: A Looming Shadow India’s Widening Trade Deficit Weighs on Rupee Rupee Holds Steady Against Dirham Despite India’s Widening … Read more