UAE, Saudi banks expect increase in loan demand in 2020
Dubai Expo 2020, banks’ regional expansion and slowdown in property market are contributing factors to rising credit...
Tag : UAE
UAE leads the Gulf in digital economy with 18% of Middle East
Size of digital economy in the Middle East touched $30 bn in 2018...
Air Arabia Abu Dhabi becomes a UAE national carrier
The UAE government’s decision is aimed at further establishing development plans for the aviation sector...
Non-Arab net investments in UAE markets hits Dh12.5 bn
Foreign investors execute capital market trades worth Dh218 bn in 2019 in the UAE markets...
MSCI Kuwait upgrade to boost ETFs and equities
The move is expected to generate billions of dollars of inflows into the Kuwait market...
Qatar’s budget for 2020 largest in five years
The country plans to spend 1.9% more in 2020 than it did last year...
Property sales in Dubai surge in November, hitting 11-year high
5,051 property sales were recorded in November, a 5.8 percent increase from October...
Emirates flies to Mexico after legal battle
The carrier will fly to Mexico through Barcelona...
AquaChemie to develop $40 mn chemical terminal in UAE
To be developed at Jebel Ali Port in Dubai, the facility will serve as a strategic gateway to facilitate chemical trade across GCC...
UAE to see higher growth due to greater spending
The UAE’s economy is projected to grow by 2.3% in 2019, according to its central bank...