Wednesday, May 28, 2025

first quarter

The Saudi economy contracted in the first quarter

The latest data released by General Authority for Statistics Slight shrinkage in Kingdom's economy Saudi Arabia during the first quarter of 2024. Real GDP fell by 1.8% compared to the same period in 2023. This contraction is due to a decline...

Abu Dhabi Commercial Bank’s profits exceeded 2 billion dirhams in the first quarter

Abu Dhabi Commercial Bank's loans and advances portfolio increased by 21% to 318 billion dirhams Net profits increased Abu Dhabi Commercial Bank By 13.8% to2.13 billion dirhams During the first quarter of 2024, compared to 1.87 billion dirhams during the...

Latest News

UAE residents lost over Dh20 million in rejected Schengen visa applications in 2024

UAE residents hoping to visit Europe “wasted” a whopping Dh20.6 million (€4.93 million) in 2024 due to rejected Schengen...

Air Arabia to accept crypto payments for tickets through AE Coin

Air Arabia has become the first airline in the region to offer stablecoin-based payment. The Sharjah-based budget carrier has partnered with Al Maryah Community...

UAE announces Dh50,000 fine for pilgrims travelling to Hajj without permit

A fine of Dh50,000 will be imposed on any UAE citizen arriving in Saudi Arabia without a valid Hajj permit approved by the General...

Flydubai resumes daily flights to Damascus

Flights are now available for sale, underscoring the carrier's commitment to connecting underserved markets to Dubai. announced Flydubai Today, Emirates announced the resumption of direct...

32 countries allow UAE residents to travel directly to without a visa

Many countries offer visa-on-arrival or visa-free entry benefits. For residents In the UAE, regardless of their nationality, thanks to the UAE's strong global standing...