CBUAE Reports 5.6% GDP Growth as UAE Banking Assets Hit AED 5.4 Trillion

CBUAE Reports 5.6% GDP Growth as UAE Banking Assets Hit AED 5.4 Trillion

A 17.9% credit expansion and banking assets crossing AED 5.4 trillion tell you something specific about where capital is flowing in the UAE. The Central Bank’s latest annual report puts hard numbers behind a story that investors and business leaders across the MENA region have been watching closely. The CBUAE’s annual report confirms real GDP … Read more

du Successfully Refinances AED 2 Billion Revolving Credit Facility With Seven Major Banks

du Successfully Refinances AED 2 Billion Revolving Credit Facility With Seven Major Banks in 2024

A seven-bank syndicate backing a single telecom refinancing tells you something about lender confidence in the UAE’s communications sector. Emirates Integrated Telecommunications Company PJSC, better known as du, has just closed an AED 2 billion revolving credit facility that it does not even need to draw down yet. The du revolving credit facility, valued at … Read more

ADB Commits $6 Billion to Strengthen and Deepen ASEAN Capital Markets by 2030 in Bold Move

ADB Commits $6 Billion to Strengthen and Deepen ASEAN Capital Markets by 2030 in Bold Move

Six billion dollars aimed at a region where bond markets remain shallow relative to GDP signals more than development financing. It signals that Southeast Asia’s capital market infrastructure is now a strategic priority for multilateral lenders preparing for a more volatile decade ahead. The Asian Development Bank has announced plans to mobilise up to $6 … Read more

Khalaf Al Habtoor Commits $1.4 Billion to Build Massive New Commercial Tower in Dubai

Khalaf Al Habtoor Commits $1.4 Billion to Build Massive New Commercial Tower in Dubai

A $1.4 billion bet on commercial real estate along Sheikh Zayed Road tells you more about one billionaire’s reading of Dubai’s trajectory than any sentiment survey could. Khalaf Al Habtoor is putting that capital to work at a moment when some developers are trimming prices to keep buyers engaged. The founding chairman of Al Habtoor … Read more

Hudayriyat Island Leads Abu Dhabi Real Estate With AED 12 BN in Q1 Sales

Hudayriyat Island Leads Abu Dhabi Real Estate With AED 12 BN in Q1 Sales

A 160.7% surge in quarterly transaction value is not a gentle uptick. Abu Dhabi’s real estate market just posted AED 66 billion in Q1 2026 sales, and the island leading that charge is one most international investors had barely heard of two years ago. Hudayriyat Island, developed by Modon, captured the largest share of Abu … Read more

Salik Posts Impressive AED 1.55 Billion Profit Achieving Remarkable 33% Revenue Growth in 2025

Salik Posts Impressive AED 1.55 Billion Profit Achieving Remarkable 33% Revenue Growth in 2025

A 33.4% jump in net profit would be noteworthy for any listed company, but for a toll operator embedded in Dubai’s daily commute, it says something specific about the city’s growth trajectory. Salik Company PJSC just gave shareholders more than profits — it handed them the entire second-half bottom line plus an exceptional bonus. The … Read more