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.

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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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Economy News

Dubai Chamber welcomes 2,709 new member companies in March 2026

Dubai Chamber of Commerce added 2,709 new member companies in March 2026, reflecting continued investor confidence in Dubai as a business destination despite regional uncertainty.

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Economy News

UAE enters global top 10 exporters for first time with USD 1.64tn trade milestone

The UAE ranked 9th globally in goods exports in 2025, entering the world's top 10 for the first time according to the World Trade Organization's latest World Trade Prospects and Statistics report.

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Economy News

UAE Ministry of Economy and DFSA sign MoU to strengthen financial oversight

The UAE Ministry of Economy and Tourism and the Dubai Financial Services Authority (DFSA) have signed a memorandum of understanding to enhance regulatory cooperation and information sharing across auditors and Designated Non-Financial Businesses and Professions (DNFBPs) within their respective jurisdictions.

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Economy News

UAE Ministry of Finance amends tax procedure regulations effective 1 April

The UAE's Ministry of Finance has introduced amendments to the executive regulations governing tax procedures, effective 1 April 2026, aligned with the updated Tax Procedures Law that came into force on 1 January 2026.

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Economy News

Emirates NBD raises $2.25bn in tightest-ever syndicated loan pricing

Emirates NBD has secured $2.25 billion in long-term financing, comprising a $1.75 billion five-year syndicated loan – nearly doubled from its $1 billion launch size – and a separate $500 million Sharia-compliant Murabaha facility.

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Economy News

AD Ports Group net profit rises 16% to AED 21bn on double-digit revenue growth

AD Ports Group closed 2025 with revenue up 20 percent year-on-year to AED 21 billion, driven by expansion across its ports, economic cities, free zones, and maritime and shipping clusters.

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Economy News

Dubai launches AED 1bn support package for conflict-hit businesses

Dubai has unveiled an AED 1 billion incentive package to ease financial pressure on businesses and individuals affected by the Iran conflict, effective 1 April and running for three to six months.

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Economy News

Aldar reports AED 30bn active tenders and 3,500 unit handovers targeted for 2026

Abu Dhabi-listed Aldar Properties has 172 active tenders valued at AED 30 billion (USD 8.2 billion) across its development portfolio, with construction underway across 141 sites spanning Abu Dhabi, Dubai and Ras Al Khaimah.

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