Search Results for: United Arab Emirates
Which Gulf country’s banking sector is the top in assets volumes
March 9th, 2017
The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics ...
Kingdom of Bahrain Unveils New Tourism Identity
May 5th, 2016
– ‘Ours. Yours’ launched at the Arabian Travel Market – Six representative offices will be launched in the GCC The Kingdom of Bahrain launched today its new tourism identity under the slogan of ‘Ours. Yours’ in a step to ...
UAE Investors Spend 4.3bn EUR on Overseas Property in H1 2015
November 19th, 2015
High net worth individuals (HNWIs) and private investors in the UAE spent €4.3bn snapping up properties across the world in the first half 2015, according to CBRE. “Despite low oil prices, Middle Eastern purchasers remain very active, collectively investing ...
UAE making 2015 the year of renewable energy
July 6th, 2015
Some consider 2015 to be the year for renewable energy in the UAE. Three reasons stand out: the country’s expansion of clean-energy projects, its funding of renewable projects abroad and the fact that the Emirates has the lowest solar-energy ...
‘Global Islamic Economy Indicator’ introduced
December 8th, 2014
DIEDC launches ‘State of Global Islamic Economy Report’ Dubai Islamic Economy Development Centre (DIEDC), in partnership with Thomson Reuters and in collaboration with the Dinar Standard, has launched the ‘State of the Global Islamic Economy Report (SGIE)’ for the ...
UAB announces net profit of AED 328 million for H1 2014
July 21st, 2014
UAB, recently recognized as the fastest growing bank in the region, announces a net profit of AED 328 million for the first six months of the year, an increase of 26 per cent over H1 2013. Sheikh Faisal Bin ...