Category: News

Empowering Savers, Building Wealth: National Bonds Strengthens Commitment To Financial Prosperity

The growing commitment to financial security among UAE residents has fueled the success of structured savings schemes, with National Bonds leading the way. Positive saving sentiments—driven by trust, financial aspirations, and digital accessibility—have played a crucial role in this momentum. Customers are increasingly viewing savings as a path to empowerment rather than restriction, leading to

UAE Bank Employees Surpass 39,000 For First Time Since 2015

The number of employees in UAE banks has exceeded 39,000 for the first time since 2015, according to data from the Central Bank of the United Arab Emirates (CBUAE). The Monthly Statistical Bulletin – Banking and Monetary Statistics – December 2024, released today, showed that as of the end of 2024, the total number of

Women’s Leadership Program Empowers Emirati And Arab Women In The UAE

The Abdulla Al Ghurair Foundation (AGF), in collaboration with Skyrize Partners and Accenture, celebrated the conclusion of the 11th cohort of the Nomu Al Ghurair Women Empowerment Program. Marking the first cohort of 2025, this milestone underscored Dubai’s position as a hub for innovation and leadership in the UAE. The program empowered more than 450 Emirati

DP World Reports Record Revenue Of $20.0 Billion In 2024

DP World Limited has announced financial results for the year ended 31st December 2024. On a reported basis, revenue grew by 9.7 percent to $20.0 billion, and adjusted EBITDA rose by 6.7 percent to $5.5 billion with an adjusted EBITDA margin of 27.2 percent. Revenue growth of 9.7 percent was mainly due to improved performance

Mastercard Partners With CredibleX To Empower SMEs With Enhanced Access To Financing

In a new collaboration, Mastercard’s Small Business Credit Analytics (“SBCA”) will now be integrated into CredibleX’s embedded financing journey. This innovative partnership, the first utilization of this product in the region, provides CredibleX with enhanced data-driven insights based on anonymized and aggregated transaction data. It will empower small and medium enterprises (SMEs) by enhancing and

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