Emirates News
ABU DHABI: The Central Bank of the United Arab Emirates (CBUAE) expects the country’s Gross Domestic Product (GDP) to grow by 4.2 percent in 2024, rising to 5.2 percent in 2025, while maintaining its estimate for a 3.1 percent growth in 2023.
In its …
ABU DHABI: ADNOC Gas plc and its subsidiaries, held its first Annual General Meeting (AGM) since its landmark initial public offering (IPO) in March 2023.
During the AGM – chaired by Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Techno…
ABU DHABI: The UAE banking system’s capital ratios remained well above the capital requirements at 17.9% for the Capital Adequacy Ratio and 14.9% for the Common Equity Tier 1 (CET1) Ratio in Q4-2023, according to the Central Bank of the UAE’s (CBUAE) …
DUBAI: The Dubai Financial Markets (DFM) saw a large direct deal executed on the stock of the Emirates NBD.
According to market data, the trade was executed on 5.7 million shares with a value exceeding AED100.5 million at a price of AED17.5.
Direct …
ABU DHABI: As part of the Ghars Al Emarat (UAE Planting) initiative to plant 10 mangroves for each visitor to COP28 from 30th November to 12th December, 2023, at Expo City Dubai, the Environment Agency – Abu Dhabi (EAD) announced that it has planted 8…
ABU DHABI: The Credit Default Swaps (CDS) for the government of Abu Dhabi rose slightly from 36 bps in Q3 2023 to 44 bps in December 2023, according to the Central Bank of the UAE’s (CBUAE) Quarterly Economic Review (Q4 | 2023).
The review noted that…
ABU DHABI: In the presence of Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, Investopia launched the “Next50” initiative, in collaboration with the renowned emerging markets research centre, EMIR. The primary objective of …
OUDENAARDE: UAE Team Emirates put three riders in the top 5 of the Tour of Flanders by obtaining the 3rd, 4th and the 5th places with Nils Politt, Mikkel Bjerg and Antonio Morgado.
The race, which started from Antwerp and finished under the rain in O…
DUBAI: The UAE Football Association (UAEFA) announced the appointment of Matar Obaid Al Sahbani as supervisor and Essam Abdullah Al Ali as manager of the UAE Olympic football team.
Al Sahbani and Al Ali are former players with extensive experience in…
DUBAI: H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council (DSC), crowned Zabeel 2 as volleyball champions at the conclusion of the 11th Nad Al Sheba Sports Tournament.
Organised annually under the patronage o…
DHAFRA: Under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, the Cultural Programs and Heritage Festivals Committee Abu Dhabi has announced the launch of the finale of the 5th Al Dhafra Grand Kingf…
ABU DHABI: President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Majesty King Abdullah II bin Al Hussein of the Hashemite Kingdom of Jordan. During the call, the two leaders discussed the close ties and various…