Banking and FinanceTop StoriesAjman Bank cuts stakes in Abu Dhabi and Dubai-listed companiesGBO CorrespondentMarch 6, 2024 GBO CorrespondentMarch 6, 2024 Ajman Bank now holds 5.49% of Takaful Emarat, down from 41.8% at...
Real EstateTop StoriesUAE real estate breaks records with dependable off-plan sales in 2023GBO CorrespondentJanuary 19, 2024 GBO CorrespondentJanuary 19, 2024 Off-plan sales drove growth in the real estate market in both Dubai...
EconomyTop StoriesGCC sees robust tourism growthGBO CorrespondentDecember 27, 2023December 26, 2023 GBO CorrespondentDecember 27, 2023December 26, 2023 The tourism sector was expected to grow faster in 2023 than it...
EconomyTop StoriesGo Green with GBO: The Abu Dhabi model of sustainable economic developmentGBO CorrespondentDecember 22, 2023December 22, 2023 GBO CorrespondentDecember 22, 2023December 22, 2023 UAE's attempts to promote 'green economic growth' are centred in Abu Dhabi,...
Banking and FinanceTop StoriesUAE banks witness strong profitability in Q3GBO CorrespondentNovember 29, 2023November 28, 2023 GBO CorrespondentNovember 29, 2023November 28, 2023 UAE banks' impairment charges decreased by 11.7% in the third quarter when...
Real EstateTop StoriesMoody’s flags long-term risks for UAE developers amid high inflation & interest ratesGBO CorrespondentNovember 23, 2023 GBO CorrespondentNovember 23, 2023 Moody's predicts that consumer spending is likely to decline, and the risk...
Real EstateTop StoriesApartments big hit among Dubai buyers, Abu Dhabi realty sees gains tooGBO CorrespondentNovember 9, 2023 GBO CorrespondentNovember 9, 2023 Dubai Marina, Downtown, Jumeirah Village Circle, Business Bay and Palm Jumeirah emerged...
EconomyTop StoriesUAE non-oil sector boom: All you need to knowGBO CorrespondentNovember 7, 2023November 7, 2023 GBO CorrespondentNovember 7, 2023November 7, 2023 The seasonally adjusted S&P Global UAE Purchasing Managers' Index surged to 57.7...
EconomyTop StoriesDubai lowers debt by USD 7.8 billion after loan repaymentGBO CorrespondentOctober 3, 2023October 3, 2023 GBO CorrespondentOctober 3, 2023October 3, 2023 After the COVID-19 pandemic, Dubai outperformed other economies as it became a...
EnergyTop StoriesUAE pledges USD 4.5 billion to expedite Africa’s energy transitionGBO CorrespondentSeptember 28, 2023 GBO CorrespondentSeptember 28, 2023 The UAE promised earlier this month to invest $4.5 billion to hasten...