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Mashreq Bank reported a significant increase in its half-yearly profit, reaching Dh4.05 billion, up 13.8%…
Dubai’s property market exhibited strong performance in the second quarter of 2024, with notable gains in the residential, office, and retail sectors, according to a recent ValuStrat real estate report for Q2 2024.
Sharjah, frequently overshadowed by its more glamorous neighbours in the United Arab Emirates, is forging a distinctive path in the region’s tourism sector.
Gold prices in Dubai rose by Dh1 per gram early on Friday, following a sharp…
Dubai Multi Commodities Centre (DMCC) has reported a 9 percent increase in the number of Chinese companies joining its free zone in the first half of 2024, bringing the total to 900 Chinese members.
Kuwait reported a budget deficit of $5.2B (KWD 12.4B) for FY2023/24, marking a 17.9 per cent reduction compared to the previous year, according to the finance ministry on Wednesday. The decrease is attributed to lower oil revenues due to production cuts.
Banks in the GCC region are showing a strong desire to expand their presence in major regional markets, particularly Turkey, Egypt, and India, according to Fitch Ratings on Tuesday. This is driven by improved economic conditions and growth opportunities in these target markets.
Roads and Transport Authority (RTA) in Dubai has completed traffic enhancements on Sheikh Mohammed bin Zayed Road, including the expansion of Exit 55 leading to Al Rebat Street.
More than 120 international companies moved their regional headquarters to Riyadh in just the first quarter of 2024, according to a recent report.
Dubai’s economy expanded by 3.2% in the first quarter of 2024 compared to the same period last year, as per data released by the emirate’s government.