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ARAB EMIRATES DIRHAM
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- Emirates National Bank of Dubai to facilitate faster local payments in UAE using Visa cards; Know how it helps youVisa card payments in the UAE are now faster. Visa has partnered with Emirates NBD for local processing of card transactions in UAE Dirhams...
- Dubai Residential Visa: You no longer need minimum 7.5 lakh Dirhams to buy a property, Dubai Land Department makes Visa rules easierDubai has removed the minimum property purchase value for sole owners seeking a two-year real estate investor residency visa. For jointly o...
- Dubai approves 2026-28 budget, with $82.41 billion in expenditures, state news agency saysThe state news agency described the budget cycle for Dubai, one of the seven emirates of the United Arab Emirates and a regional trade and ...
- UAE surplus tops $46 billion in first nine months of 2022Revenues rose 35.6% from January to end-September 2022 to 453.7 billion dirhams on the back of "strong oil and non-oil growth and favourabl...
- UAE increases transit visa fee. Read more to know the new cost and rulesThe details are not yet listed on the the immigration authority’s website, however visa outsourcing firm VFS has confirmed the changes in t...
- UAE signs $599 million in defence contracts: State news agencyUAE contracts with local companies were worth 1.6 billion dirhams, while contracts with international firms totalled 653 million dirhams, W...
- CEPA aspires to establish new era of progress for both nations: Abdulla bin Touq Al Marrit, UAE’s Minister of EconomyWe don't see this as one side gaining and the other losing. From the UAE's perspective, this CEPA is part of a bold series of initiatives t...
- UAE largest bank makes record profit in 2021The UAE's largest bank, First Abu Dhabi Bank, announced Thursday it scooped record annual net profit of $3.4 billion in 2021, a 19 percent ...
- UAE's First Abu Dhabi Bank posts 54% surge in Q3 profit on higher non-interest incomeUAE banks are witnessing a rebound in earnings after the economy was rattled by the pandemic in 2020, with FAB's investment banking busines...
- UAE central bank extends stimulus measures until mid-2022As part of that, banks will continue to be eligible to access a collateralised 50 billion dirhams ($13.61 billion) zero-cost liquidity faci...
- Dubai launches fifth coronavirus economic stimulus packageThe package, its fifth, takes the total economic stimulus from the government of Dubai, part of the United Arab Emirates, to 7.1 billion di...
- Air Arabia in talks with government for funding, CEO says Adel AliAsked if the budget carrier would need interim funding from the government, CEO Adel Ali told a virtual CAPA aviation summit: "We have put ...
- UAE federal entities report revenues of $11 billion in third quarter - WAMThe entities reported spending of 36.69 billion dirhams and a budget surplus of 3.48 billion dirhams in the quarter, the agency reported, c...
- UAE to spend around $7 billion in social projects in 2021 budgetThe budget includes 21.3 billion dirhams in government affairs and 3.93 billion dirhams in federal projects, it said.
- Redefining luxury! Indian businessman buys $9 million license plate for Rolls RoyceSahani, who owns a property management company, also purchased another plate for 1 million dirhams.
- Air India Express offers extra baggage allowance on all flights from Gulf, Middle EastAccording to Air India, all passengers will be eligible for 30 kg Free Baggage Allowance (FBA) irrespective of the ticketing date.
- United Arab Emirates spends $1 billion on satellite system7-state Emirates federation has been investing heavily in space technology, and last year announced plans to send the first unmanned Arab s...
- India among top suppliers of paper to UAEOther markets account for approximately 27.9 per cent of Dubai's imports, a statement released here by organisers of Paper Arabia 2013.
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