Thursday, November 12, 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

Dubai student’s fatal roadside incident highlights urgent need for safe breakdown practices

Naifa Balkies Hameed was struck on Al Khawaneej Street after her car broke down. Experts urge drivers to move away from traffic, use warning devices and remain vigilant.

Bahrain Reaffirms Commitment to GCC Cooperation, Crown Prince Says

Crown Prince Salman bin Hamad Al Khalifa praised Bahrain’s ongoing role in strengthening GCC collaboration. He also affirmed full solidarity with Saudi Arabia on security matters.

Shah Rukh Khan and Karan Johar Host Rapid‑Fire at Dubai’s Coca‑Cola Arena for New Luxury Project

Shah Rukh Khan and filmmaker Karan Johar led a rapid‑fire session at Dubai’s Coca‑Cola Arena, introducing the Shahrukhz Residences by Danube. The event featured developer Rizwan Sajan, Gauri Khan and highlighted the 60‑storey waterfront tower’s details.

Dubai Global Village Hosts UAE National Day Festivities with Drone Shows and Opera

Dubai Global Village will mark UAE National Day with a series of events from December 1 to 3, featuring a 30‑minute “UAE Glory and Pride” opera and nightly drone shows. Festivities begin on November 27 with themed decorations and traditional Emirati attractions.

Solidarity Bahrain partners with Asia Jewels to insure luxury purchases at Arab Jewellery Expo

Solidarity Bahrain has teamed up with Asia Jewels to offer comprehensive insurance for valuable items at the Arab Jewellery Expo 2026. The partnership aims to enhance customer confidence when buying luxury pieces.