Philippines vice-president upbeat on boosting ties with the UAE
The vice president of the Philippines said he was hopeful that his meeting with Sheikh Mohammed bin Zayed on Tuesday…
Market Forecasts
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The pressure is growing on the UAE banking system
The pressure is growing on the UAE banking system. It’s good that the Central Bank, with informal moves to limit…
Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank: Dubai is leading the revolution in Islamic banking
Since its inception, modern Islamic commercial banking has been intrinsically linked with the UAE. The formation of Dubai Islamic…
Banks in U.A.E. Seen Ready for Extended Slump After Drop in Oil
Banks in the United Arab Emirates are prepared for deteriorating conditions into next year as oil prices remain lower for…
Hamad Buamim, President & CEO of Dubai Chamber of Commerce and Industry: Dubai has everything it needs
Even though the oil sector contributes only 2 percent to Dubai’s GDP, we have been wary about the effect of…
Islamic finance industry reached $2 trillion in 2014
Islamic services and products have seen significant growth over the recent years, said Dr. Abdulrahman Al Hamidy, Director-General and Chairman…
Dubai property, construction, retail hit as growth slows
Dubai’s economy grew in December, but at its slowest pace for more than five years as real estate, construction and…
UAE economic growth forecast at 3.9 per cent for 2015
The UAE’s economic growth is expected to hit 3.9 per cent year-on-year for 2015, due to volatility in international energy…
Negative earnings growth for banks in the United Arab Emirates – RESEARCH
Standard & Poor's said it expects negative earnings growth for banks in the United Arab Emirates in 2016 and a…
Almost 50% of Dubai real estate agents expect property prices to drop in 2016
Real estate agents indicated a subdued end to 2015 for the Dubai property market, with the majority of survey respondents…
S&P says new sukuk issuances to decline this year
The rating agency Standard & Poor’s is forecasting a drop of up to 20 per cent in sukuk issuances this…
Emirates NBD Saudi Arabia PMI
Saudi Arabia's non-oil private sector suffered a loss of growth momentum at the end of 2015, with business conditions improving…