The Federal Reserve announced a consecutive 0.75 percentage point interest rate hike – in a bid to rein in inflation and avoid recession |
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| The move follows Aldar’s earlier acquisitions of retail and hospitality assets in Ras Al Khaimah, as well as logistics and hospitality assets in Abu Dhabi |
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| After a decade of fast growth, UAE wealth is anticipated to further grow by 6.7 percent, hitting $1 trillion by 2026 |
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| The total number of sales transactions amounted to AED4.1 billion out of which AED3.9 billion were within 10 popular areas of the emirate |
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| Starting at AED2,393, the national insurance company offers three different plans to address the needs of all kinds of Golden Visa-holder applicants |
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| Chairman Sultan Ahmed Bin Sulayem maintains a positive outlook for the second half of the year despite uncertain economic conditions |
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The move follows the developer’s recent acquisitions of Al Hamra Mall and Rixos Bab Al Bahr – all part of Aldar’s aim to boost its hospitality and leisure portfolio |
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| Both leaders talked about the country’s efforts to further drive the UAE’s “development and renaissance” and achieve their aspirations for their people |
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| The two countries also sign an MoU for cooperation in energy sector during the on-going visit of Prince Mohammed bin Salman bin Abdulaziz, to Greece |
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| The sanction was imposed after the regulator found that “the exchange house had a weak compliance framework regarding the required due diligence policies and procedures to prevent money laundering and financing of terrorism” |
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| Komainu is still going through its due diligence phase, in line with VARA requirements, but it has been given the OK to begin “operational readiness” |
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| The helpline, which was launched in 2021, will offer customers a free-of-cost platform to address their mental health concerns ensuring complete anonymity for the caller |
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While the nature of the geopolitical threat or shock is clearly important, we believe there are four factors that explain the historical resilience of GCC bank funding |
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| Investing in green growth can be both sustainable and profitable |
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| The UAE’s sound strategies to enhance food production and distribution capacity promises to aid residents in their efforts to curb expenses |
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