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Browsing: Business
By July 2024, the total capital and reserves of banks in the UAE exceeded AED 500M ($136.1B) for the first time.
UAE has launched its National Investment Strategy, aiming to triple its foreign direct investment (FDI) balance to AED 2.2T ($599B) by 2031. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai, alongside Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, unveiled the strategy during the UAE Government Annual Meetings 2024 in Abu Dhabi.These meetings, held on November 5 and 6, gathered over 500 officials, including representatives from the UAE government, local entities, private sector, and community organisations.
The UAE has announced an ambitious National Investment Strategy 2031, aimed at tripling its cumulative…
The Mohammed Bin Rashid Aerospace Hub (MBRAH), a leading Dubai-based aerospace platform, has announced a…
Dhabi Hold has announced the fourth Family Office Summit, set for December 4 in Abu…
Colm McLoughlin, a well-regarded figure in travel retail, is retiring after a remarkable 41-year tenure…
In a significant financial move, Sotheby’s, one of the world’s leading auction houses, has secured…
Indian conglomerate Adani Group, led by Gautam Adani, Asia’s second wealthiest individual, has expanded its…
The Government of Dubai has unveiled its largest-ever budget plan for the 2025-2027 cycle, committing…
Lulu Retail, one of the Middle East’s leading retail giants, has officially announced the price…