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Tag: United Arab Emirates

Posted on October 20, 2023

UAE’s top bank FAB beats profit estimates on higher interest income

First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender by assets, on Thursday beat estimates with a 46% jump in third-quarter net profit, boosted by higher interest income.
Posted on October 17, 2023

UAE invests Dhs20.6b in Turkey until August

Ahmet Burak Daglioglu, Head of the Investment Office of the Turkish Presidency, said that the cumulative foreign direct investment from the United Arab Emirates to Turkey …
Posted on October 16, 2023

Pakistan, UAE agree to deepen bilateral ties in IT, digital economy

ISLAMABAD (APP) – Pakistan and the United Arab Emirates (UAE) on Monday agreed to expand bilateral cooperation in Information Technology specifically in Artificial Intelligence and Digital Economy.
Posted on October 16, 2023

Pakistan, UAE agree to deepen bilateral ties in IT, digital economy

ISLAMABAD (APP) – Pakistan and the United Arab Emirates (UAE) on Monday agreed to expand bilateral cooperation in Information Technology specifically in Artificial Intelligence and Digital Economy.
Posted on October 16, 2023

UAE’s Digital Prowess Comes to the Fore at GITEX Global 2023

In the dynamic tapestry of the global digital landscape, the United Arab Emirates (UAE) is weaving a captivating narrative. The 43rd session of the GITEX Global exhibition, a confluence of tech …
Posted on October 15, 2023

Iraq, UAE’s Crescent Activate Energy Deals to Develop Three Oil and Gas Fields

Iraq has activated three energy contracts with UAE firm Crescent Petroleum to develop three oil and gas fields in Iraq, the oil ministry said on Sunday. United Arab Emirates-based Crescent Petroleum …

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Posted on October 15, 2023

Dubai Aims to Become Global Digital Economy Capital with ‘Expand North Star 2023’

Dubai, the sparkling jewel of the United Arab Emirates, is poised to become the global capital of the digital economy. The city’s ambitions took a giant leap forward with the opening of ‘Expand North …
Posted on October 14, 2023

South Korean President Postpones Visit to UAE, Blue House “Progressing $30 Billion Investment without Disruption”

T he visit of Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates (UAE), to Korea has been postponed. There are speculations that the $30 billion investment that President Mohammed had …
Posted on October 14, 2023

UAE and South Korea Complete Talks for Bilateral Trade Deal

DUBAI (Reuters) -The United Arab Emirates and South Korea have concluded talks towards a bilateral trade deal, known as a Comprehensive Economic Partnership Agreement (CEPA), the two countries said on Saturday.
Posted on October 13, 2023

UAE Expected to Achieve Financial Surplus of 5.7% of GDP in 2023: IMF Report

The United Arab Emirates (UAE) is projected to achieve a financial surplus of 5.7% of its Gross Domestic Product (GDP) in 2023, according to a recent report by the International Monetary Fund (IMF).

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