Browsing: economic resilience

Emirates Group has once again reported a record-breaking annual profit. The Dubai-based aviation giant announced a pre-tax profit of AED 22.7 billion (USD 6.2 billion), marking an 18 per cent increase compared to the previous year.

The Ministry of Finance will participate in the World Governments Summit (WGS) 2025, taking place in Dubai from 11th to 13th February under the theme “Shaping Future Governments.” Its agenda includes initiatives to enhance global collaboration and the 9th Arab Fiscal Forum on 10th February, preceding the main event.

As the United Arab Emirates continues to solidify its position as a global center for trade, finance, and investment, the introduction of Jaywan, its first domestic payment card scheme, marks a major shift in the country’s financial landscape. Developed by Al Etihad Payments under the Central Bank of the UAE, Jaywan is designed to enhance transaction efficiency, reduce dependency on international payment networks, and strengthen the country’s economic resilience.