Sunday, April 19, 2026

billion dirhams

Abu Dhabi Ports launches new terminal at Khalifa Port at a cost of 3.1 billion dirhams

Abu Dhabi Ports Group announced the launch of the “CMA Terminals” station Khalifa Port“As part of a joint venture with the CMA CGM Group, to enhance Khalifa Port’s capacity and support its position as a global logistics hub. Joint venture...

Insurance premiums in the UAE rise 18.5% to 21.1 billion dirhams

Total claims paid for all types of insurance plans in the UAE increased by 18.3% year-on-year to reach AED 8.4 billion in the first quarter of 2024. Total increased Insurance premiums Subscriptions increased by 18.5% on an annual basis in...

The UAE Central Bank increases its gold balance to 19.6 billion dirhams

Gold is among the various assets owned by the UAE Central Bank, which include liquid funds, certificates of deposit, and securities held until maturity. Balance increased Central Bank of the Emirates from gold By 12.6% to 19.615 billion dirhams at...

Emirati energy revenues increased to 13.7 billion dirhams

TAQA began 2024 with strong financial performance, driven by the contribution of Sustainable Water Solutions and notable growth in the electricity and water sectors. Abu Dhabi National Energy Company “Taqa” announced its financial results for the first quarter of 2024,...

UAE banks increase their capital and reserves by 13.3% to 496.8 billion dirhams

National banks accounted for 86.5% of the total capital and reserves of banks operating in the Emirates, with a value of 429.4 billion dirhams at the end of last January. The capital and reserves of banks in the Emirates increased...

Latest News

Iran Joins UAE, Others as Strait of Hormuz Reopens

The Strait of Hormuz has reopened, with Iran joining the UAE, Qatar, Oman, Bahrain, Saudi Arabia, Kuwait, Jordan, and the US. This move is expected to boost cruise tourism and travel connectivity across major cities in the region.

Over 25,000 participate in ‘Run for the Nation’ event in Abu Dhabi

Over 25,000 people showed up. That's a big deal. And it's reported by Gulf Today. But details are scarce. The event is huge. It's...

UAE Resumes School Bus Services

The UAE is set to resume school bus services. Students will return to classrooms soon.

Today’s Gold Rate in Dubai

Gold prices in Dubai are updated today. The latest rates are available from various sources.

Gold Price in Gulf Sees Dip Ahead of Akshaya Tritiya

Gold buyers in Dubai are showing renewed interest ahead of Akshaya Tritiya. The dip in gold prices is attributed to various market factors.