UAE stock markets experienced a dip on April 25, 2025, influenced by a drop in global oil prices and ongoing economic uncertainties. Despite these losses, both the Dubai and Abu Dhabi indices saw gains over the week, signaling resilience in the face of external challenges. Source: reuters.com
UAE Stock Markets Decline Due to Lower Oil Prices and Economic Concerns Read More »
As of mid-2024, UAE banks have accumulated AED 502.6 billion in capital and reserves, marking a 10.5% increase from the previous year. This growth demonstrates the sector’s strength and its key role in supporting economic development across the nation. Source: gulfnews.com
UAE Banking Sector Hits Record AED 502.6 Billion in Reserves Read More »
The UAE has drawn over $30 billion in cryptocurrency investments during 2024, positioning the country among the world’s top 10 crypto adopters. This rise is fueled by the nation’s pro-business regulatory environment, low tax on crypto earnings, and its appeal to both individual and institutional investors. Source: khaleejtimes.com
UAE’s Cryptocurrency Market Attracts $30 Billion in 2024 Investments Read More »
The UAE’s economy is projected to grow by 4.5% in 2025, making it the fastest-growing economy in the Gulf region. This expansion is driven by the performance of sectors such as tourism, real estate, and manufacturing, in addition to substantial foreign investment inflows. Source: khaleejtimes.com
UAE Expected to Lead GCC with 4.5% Economic Growth in 2025 Read More »
Emirates NBD reported an impressive 14% increase in net interest income and a 11% rise in gross loans, achieving a net profit of AED 6.2 billion for Q1 2025, exceeding analysts’ expectations. The bank’s total assets grew by 14% year-over-year to surpass AED 1 trillion. Source: reuters.com
Emirates NBD Surpasses Profit Estimates with Strong Q1 2025 Results Read More »