Sunday, May 18, 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

UAE announces new cybersecurity rules for drones

Abu Dhabi: The UAE Cybersecurity Council (CSC) has unveiled the nation’s first comprehensive Drone Cybersecurity Guidelines. These were developed in...

UAE Blue Visa: Which jobs could get you the 10-year residency permit

A new 10-year UAE 'Blue Residency' announced recently could create hundreds of job opportunities for those who care about the environment, experts have said....

UAE: No visa required from Indian, Pakistani, Filipino residents to visit these countries

Citizens of many countries struggle and find it challenging to get visa-free entry to many countries. However, some countries from Africa, Oceania and Asia regions...

UAE Launches 180-Day Permit for Expats to Apply for Blue Residency Visa

The UAE has introduced a 180-day multiple-entry permit allowing expats to apply for the Blue Residency visa — a 10-year residency offered to individuals...

Sheikh Hamdan announces new leaders for key Dubai government entities

Dubai: Following the approval of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity...