Thursday Emirates

The UAE and Ireland have signed two agreements to strengthen cooperation in fighting organised crime and facilitating extradition. The treaties streamline legal processes and enhance mutual legal assistance, reinforcing their partnership in combating transnational crime.

First Abu Dhabi Bank (FAB) reported a Q3 profit of AED 4.46 billion, exceeding estimates due to higher revenue growth, despite a rise in impairment charges. Total assets grew to AED 1.2 trillion, reinforcing FAB’s position as the largest lender in the UAE.

The UAE Ministry of Justice is pioneering a 'virtual lawyer' project, the first in the region, using AI to streamline legal procedures in simple cases. This initiative promises to accelerate litigation, enhance legal services, and future-proof the UAE’s judicial system.

Sheikh Rashid bin Saeed Al Maktoum’s visionary leadership transformed Dubai into a global hub for business, tourism, and innovation, laying the foundation for its modern development. A new project now documents his legacy, offering future generations insights into the emirate’s remarkable transformation.

The UAE’s non-oil sector will drive a projected 4% economic growth in 2025, supported by investment inflows into financial and real estate markets. Simultaneously, a rebound in the oil sector is expected, bolstering overall economic expansion.