UAE Business

Pakistan explores funding options as $3B UAE loan comes due
UAE

Pakistan explores funding options as $3B UAE loan comes due

Rising oil prices, war pressures strain foreign-exchange buffers

UAE to take part in World Bank-IMF Spring Meetings in Washington
UAE

UAE to take part in World Bank-IMF Spring Meetings in Washington

UAE delegation to hold bilateral talks and join global finance panels during meeting in the US capital

Abu Dhabi real estate transactions jump 160.7 percent in first quarter
UAE

Abu Dhabi real estate transactions jump 160.7 percent in first quarter

Sales, mortgages and foreign investment drive record Q1 property activity in Abu Dhabi

Pakistan assures UAE debt repayments amid financing push
UAE

Pakistan assures UAE debt repayments amid financing push

Govt plans Panda bonds and commercial borrowing under IMF program

Energy crisis spurs joint action by IMF, World Bank and IEA
UAE

Energy crisis spurs joint action by IMF, World Bank and IEA

Rising prices, supply shocks and inflation risks drive coordinated response

UAE petrol jumps 30 pct as Mideast war bites
Partner

UAE petrol jumps 30 pct as Mideast war bites

Monthly rates set by the UAE's fuel price committee put petrol up 31-33 percent for April, with the highest grade at 3.39 AED ($0.92)

Abu Dhabi launches ADEED platform to bolster supply chain resilience
UAE

Abu Dhabi launches ADEED platform to bolster supply chain resilience

New AI-powered platform aims to protect Abu Dhabi’s trade flows and industrial inputs

Dubai announces over $270M in economic support for business
Partner

Dubai announces over $270M in economic support for business

Official statement says AED 1B ($272M) support aids individuals, families, and businesses

Economic shocks, energy supply disruption; IMF warns of fiscal risks due to Middle East conflict
UAE

Economic shocks, energy supply disruption; IMF warns of fiscal risks due to Middle East conflict

Fund says countries with limited reserves face heightened risks as rising import costs widen trade deficits

UAE banks’ investments rise 2% in January to AED872.3 billion, central bank says
UAE

UAE banks’ investments rise 2% in January to AED872.3 billion, central bank says

Transfers through UAE system reach AED2.08 trillion in January, led by bank activity

Crude tumbles, stocks rally on hopes for Iran war de-escalation
Partner

Crude tumbles, stocks rally on hopes for Iran war de-escalation

Both main crude contracts plunged more than 6% with Brent back below $100

Dubai officials dismiss rumors of capital controls targeting investors
UAE

Dubai officials dismiss rumors of capital controls targeting investors

Officials urge public to rely on verified sources after reports alleged curbs on investors moving money

UAE central bank launches resilience package amid Iran crisis
Partner

UAE central bank launches resilience package amid Iran crisis

Gulf banks could face domestic deposit outflows of $307 billion if the Middle East conflict deepens, S&P Global Ratings say

GCC dollar bond and sukuk issuance slows after Iran war, Fitch says
Markets

GCC dollar bond and sukuk issuance slows after Iran war, Fitch says

Regional deals put on hold amid market uncertainty as yields widen modestly

Oil tops $100 again despite historic release of strategic reserves amid Iran war
Partner

Oil tops $100 again despite historic release of strategic reserves amid Iran war

Iran warns of a long war that could hit the global economy after attacking two commercial ships and threatening U.S. and allied vessels

Qatar energy minister warns war will force Gulf to halt energy exports within weeks
Partner

Qatar energy minister warns war will force Gulf to halt energy exports within weeks

Even if the war ended immediately it would take Qatar "weeks to months" to return to a normal cycle of deliveries, he says

Gulf states can weather Hormuz closure within ratings: Fitch
UAE

Gulf states can weather Hormuz closure within ratings: Fitch

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

UAE's financial sector is resilient, central bank says after Iranian air attacks
Partner

UAE's financial sector is resilient, central bank says after Iranian air attacks

The capital adequacy ratio currently stands at 17%, while liquidity coverage ratio exceeds 146.6%, says central bank governor

GCC banks face limited immediate credit risk from Middle East conflict, Fitch says
UAE

GCC banks face limited immediate credit risk from Middle East conflict, Fitch says

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

UAE will roll over Pakistan deposit on monthly basis, IMF informed
UAE

UAE will roll over Pakistan deposit on monthly basis, IMF informed

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