Sunday, June 8, 2025

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

Pakistan govt begins cancelling passports of deportees

Over 7,800 Pakistanis were deported from 2019 to 2025 for different charges. Photo: Reuters Pakistan's government has initiated cancelling the...

Eid Al Adha 2025: Rains hit some parts of UAE as residents celebrate start of holiday

As residents of the UAE celebrate the beginning of the Eid holiday, they were greeted with a welcome break from the rising heat, as...

Eid Al Adha in Dubai: Salik to apply variable toll rates during holiday

Salik PJSC, Dubai’s toll operator, will implement variable road toll pricing on all four days of the Eid El Adha holiday, including Sunday (June...

Dubai to reserve 4 public beaches for families during Eid Al Adha holidays

Four Dubai public beaches will be designated exclusively for families during the Eid Al Adha holiday. The beaches include Jumeirah 2, Jumeirah 3, Umm...

Dubai RTA’s online booking system eases vehicle testing

For Syed Azeez, yearly vehicle testing was one of those chores he kept putting off, until it became urgent. His car’s registration had already...