UAE to host 2029 World Bank and IMF Annual Meetings in Abu Dhabi
The UAE has secured hosting rights for the 2029 Annual Meetings of the World Bank Group and the IMF, marking a major milestone for its global financial standing.
News
Economy
News
UAE financial system surges as banking assets hit AED 5.4 trillion in 2025
The UAE’s financial system delivered standout performance in 2025, with the Central Bank of the UAE (CBUAE) reporting strong growth across banking, insurance, and digital finance.
News
DAE and Blackstone launch USD 1.6bn aircraft leasing venture
Dubai Aerospace Enterprise (DAE) has partnered with Blackstone Credit & Insurance to launch a new aircraft leasing platform, Equator, targeting USD 1.6 billion in annual deployment.
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Real Estate
Al Habtoor to invest AED 5bn in new Dubai commercial tower
Al Habtoor Group will invest more than AED 5 billion (USD 1.36 billion) in a new commercial tower at Al Habtoor City, signalling strong confidence in Dubai’s economic outlook.
Economy
News
UAE and Bahrain sign AED 20bn currency swap deal to boost bilateral trade
The central banks of the UAE and Bahrain have signed a five-year currency swap agreement with a nominal value of AED 20 billion (USD 5.5 billion), aimed at promoting the use of local currencies in cross-border trade and investment and reducing dependence on the US dollar for bilateral transactions.
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Mubadala assets under management rise 17% to USD 385bn in 2025
Abu Dhabi sovereign wealth fund Mubadala Investment Company grew its assets under management by 17% to USD 385 billion in 2025, up from USD 330 billion a year earlier, cementing its position as the world's 15th largest sovereign wealth fund.
Opinion
Who owns the outcome? The accountability gap in non-linear buyer journeys
Performance volatility is often diagnosed as a channel problem.Paid efficiency softens, organic visibility shifts, social engagement plateaus, and conversion rates fluctuate. The instinctive response is to optimise harder – refine targeting, adjust budgets, or change agencies.
Opinion
Built for whatever comes next: how the Gulf navigates an uncertain horizon
Nobody can say with confidence how long a period of geopolitical disruption will last. That uncertainty is not a failure of analysis – it is the nature of the thing. What looks intractable from inside an escalation often resolves faster than the most cautious forecasts suggest.
News
Gulf markets surge as US-Iran ceasefire raises hopes of permanent peace deal
Stock markets across the Gulf rallied sharply on Wednesday after the US and Iran agreed to a two-week halt in hostilities, with Tehran confirming it would allow vessels to pass through the Strait of Hormuz during the pause.
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Kingdom Holding taps Sumou to develop Riyadh plot targeting USD 1.06bn in sales
Saudi Arabia's Kingdom Holding Company has appointed Sumou Real Estate as exclusive development manager for a 3.07 million square metre plot in Riyadh, with total projected sales of SAR 4 billion (USD 1.06 billion).