UAE Business

Credit agency says Kuwait and Qatar best placed to absorb shock; Bahrain and Iraq face greater pressure

Strong capital and liquidity buffers expected to cushion banks if hostilities remain short-lived

Officials dismiss social media reports claiming the UAE had withdrawn the funds as “false and baseless”

Agency warns prolonged hostilities or damage to export infrastructure could pressure regional credit profiles

Bloomberg reports Gulf nation exceeds income thresholds as index spread seen widening after phase-out

Most OIC countries remain in lowest recovery category as sukuk ratings unchanged after criteria update

DIFC partners with Pakistan Digital Authority for first international expansion, expecting 10,000 participants

Registered tenancy contracts in Dubai rise 6% in volume and 17% in value, with new leases up 10% and renewals up 3%, reflecting market stability

Move offers short-term relief as Islamabad works to complete IMF review

Sharjah-based carrier says passengers rose 16% to 21.8 million as capacity and route network expanded

The report points to a paradigm shift in economic planning, arguing that cultural and creative industries are no longer peripheral sectors

$3bn rollover sought to support foreign exchange reserves