PNC Menon to hand over Sobha’s reins to son RaviTransition of leadership will be effective from November 18, 2024
DMCC seeks to lure new wave of US firmsDMCC accounts for 15%of all foreign direct investment in Dubai
Non-Opec supply surge may lead to market surplus in 2025Global oil markets are poised to swing from a deficit to a surplus next quarter
Strong GCC non-oil growth spurs Mena economic prospectsWorld Bank projects UAE’s real GDP growth to accelerate to 3.9% in 2024
Mubadala boosts digital infra portfolio with Yondr investmentInvestment will support Yondr’s ambitious growth strategy
UAE’s ‘buy now pay later’ payments set to hit $2.45 billion in 2024Medium to long-term growth story of the BNPL industry in the country remains strong
Top GCC banks income to stay ‘elevated’ after Q2 outperformanceGulf banks have benefited from rising interest rates over the past two years
Capital position of top ten UAE banks remain robustAlthough interest rates remained stable, NII grew by 2.0 per cent QoQ
Indian central bank urges lenders to settle UAE trade in local currenciesBroader strategy aims at reducing dependence on the greenback in international trade
India seeks Cepa review meet with UAE amid surge in gold importsThe new budget has levelled the field for other exporters
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