Saudi reserve assets rise to $459bn in May on foreign deposit surge
Saudi Arabia’s official reserve assets reached SR1.72 trillion ($459 billion) in May, marking a roughly 4.5 percent increase from the…
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Why UAE residents choose gold over their bank savings accounts
In a country where skyscrapers rise from the desert and luxury feels like second nature, it’s no surprise that gold—timeless,…
Middle East Cybersecurity Market Forecast Report 2025-2030 | Government Investments, Cyber-Insurance Demand, Expanding Services, and a Thriving Startup Ecosystem – ResearchAndMarkets.com
The "Middle East Cybersecurity Market by Solution Type (IAM, Firewall & VPN, Log Management & SIEM, Antivirus/Antimalware), Service (Professional (Risk…
UAE participates in 3rd G20 Finance Ministers and Central Bank Governors meeting in South Africa
Mohamed bin Hadi Al Hussaini: The UAE is committed to strengthening the international financial structure and supporting emerging markets and…
Emirates Franchise strengthens Japan ties through Expo 2025 Osaka Mission
The Emirates Franchise, an affiliate of the Abu Dhabi Chamber of Commerce and Industry, led a high-level trade mission to…
United Arab Bank net profit up by 50% for the first half of 2025
H1 2025 Highlights: Net profit reported at AED 208 million for H1 2025 compared to AED 139 million for H1…
Binghatti opens its London Boutique Marking Larger International Presence
Binghatti has officially launched its first International Sales Boutique in the United Kingdom. The landmark opening took place on July…
UAE announces new tax benefits for fair value investment properties
The UAE Ministry of Finance has issued a Ministerial Decision allowing taxpayers to claim tax depreciation on investment properties held…
Dukhan Bank announces July Thara’a draw winners
Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account,…
Asia and the Middle East both see significant growth in 2024 of HNW international life insurance new business sales
A 2024 Wealth Management Market Study for Utmost Group, a leading global provider of insurance-based wealth solutions with over £100bn…
PGIM and ADGM Academy launch RealAssetX Abu Dhabi to drive innovation and AI for the real asset industry
PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc., has partnered with ADGM Academy (ADGMA), to launch…
Board of Directors of the Financial Stability Council holds first meeting of 2025
The Board of Directors of the Financial Stability Council held its first meeting of 2025 virtually, chaired by H.E. Mohamed…