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Tag: United Arab Emirates

Posted on April 29, 2025

UAE’s top lender FAB profit beats estimates on strong growth in non-funded income

First Abu Dhabi Bank (FAB) , the United Arab Emirates’ biggest lender by assets, beat first-quarter profit estimates on Tuesday, boosted by strong growth in non-interest income from fees and …
Posted on April 29, 2025

UAE’s largest lender FAB beats profit view on investment banking, markets growth

First Abu Dhabi Bank (FAB) , the United Arab Emirates’ biggest lender by assets, on Tuesday beat first-quarter estimates, driven by strong growth in non-interest income including investment banking …
Posted on April 29, 2025

Three Abu Dhabi giants plan stablecoin backed by UAE’s currency

CAIRO] Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move …
Posted on April 28, 2025

Iran says fire extinguished at port rocked by explosion as death toll rises to at least 65

DUBAI, United Arab Emirates — Iran said Monday that the fire at a southern port rocked by explosion finally was extinguished as the death toll in the incident rose to at least 65 people killed.
Posted on April 25, 2025

Sri Lanka to begin talks with India, UAE for new energy hub

Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, the energy minister said on Friday, as the nation looks to leverage its strategic …
Posted on April 25, 2025

Sri Lanka to begin talks with India, UAE for new energy hub

Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, the energy minister said on Friday, as the nation looks to leverage its strategic …
Posted on April 22, 2025

UAE foreign trade reaches AED5.23 trillion in 2024, up from AED3.5 trillion in 2021

The United Arab Emirates recorded total foreign trade of AED5.23 trillion (US$1.424 trillion) in 2024, a 49 percent increase from AED3.5 trillion (US$949 billion) in 2021, according to the World Trade …
Posted on April 22, 2025

UAE foreign trade reaches AED5.23 trillion in 2024, up from AED3.5 trillion in 2021

The United Arab Emirates recorded total foreign trade of AED5.23 trillion (US$1.424 trillion) in 2024, a 49 percent increase from AED3.5 trillion (US$949 billion) in 2021, according to the World Trade …
Posted on April 21, 2025

Pakistan, UAE sign MoUs to boost cooperation in trade, culture, consular affairs

DPM Dar says two countries enjoying decades old fraternal relationshipUAE DPM says pleased to see hospitality during his visit to PakistanISLAMABAD: Pakistan and United Arab Emirates (UAE) …
Posted on April 19, 2025

Deadly US airstrike on Yemeni oil port appears to escalate Trump’s campaign against the Houthis

DUBAI, United Arab Emirates (AP) — A U.S. airstrike on an important oil port held by Yemen’s Houthi rebels killed more than 70 people and wounded many others, marking a major escalation in the …

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