Abu Dhabi
CBI books record AED529mn in FY2024 profits as loans surge and liquidity improves
CBI reports record profits for 2024, driven by strong loan growth, operational efficiency, and financial resilience.
Economy
IMF pins UAE economic growth at 5.1% for FY2025
The UAE's economy is set to grow by 5.1% in 2025, driven by strong non-oil sectors and structural reforms, according to the IMF. Diversification and public investment are key growth factors.
Emirates
Sheikh Hamdan urges UAE to boost investments with flexible policies
The UAE is accelerating efforts to cement its status as a global investment hub, driven by innovation and flexible policies. Foreign direct investment has surged by 35%, reflecting the country’s growing economic influence, says Dubai crown prince Sheikh Hamdan.
Clean Energy
UAE mosques to install EV charging stations in governmental clean energy project
UAE mosques will soon have EV charging stations as part of a new energy efficiency project. The initiative supports the country’s green mobility and sustainability goals.
Dubai
Dubai’s aviation industry set to add $53 billion to GDP by 2030
Dubai’s aviation sector will contribute nearly one-third of GDP by 2030 but faces hurdles due to Boeing’s aircraft delays. Emirates is scaling up Airbus orders to meet demand.
Dubai
UAE tops MENA bond market growth, drives sustainable investments: LSE Deputy CEO
LSE Deputy CEO highlights the UAE's dominance in MENA bond markets, driven by its leadership in sustainable investments. Strategic partnerships are key to this success, propelling growth in infrastructure and green finance sectors.
Dubai
Emirates named world’s best airline, dominating premium services and entertainment
Emirates named world’s best airline, dominating in inflight entertainment and premium services. Awarded 19 accolades, including Best First Class and Premium Economy, highlighting its luxury offerings and loyalty programme.
Dubai
Arada’s seafront residences at Dubai Harbour to feature Dubai’s longest infinity pool
Arada unveils W Residences at Dubai Harbour, offering luxury seafront living with Dubai’s longest infinity pool and world-class amenities. With stunning views of Ain Dubai, this three-tower project will redefine urban luxury.