Banks in the United Arab Emirates have benefited from a strong domestic economy, leading to improved asset quality metrics and lower credit losses, according to an S&P Global Rating report which anticipated that this improvement will persist in 2025. The American credit rating agency anticipated a steady economic growth to continue in the UAE: “As
Etihad Credit Insurance (ECI), the UAE’s Federal Export Credit Company, signed a Memorandum of Understanding (MoU) with Al Maryah Community Bank, the country’s first local digital bank licensed by the Central Bank of the UAE (CBUAE). The agreement positions the bank as a key partner of ECI’s ‘Xport Xponential,’ an initiative designed to enhance the
Mintiply Capital, a leading advisory and investment banking firm in the UAE renowned for its expertise in M&A, complex deals’ structuring and alternative investments, proudly announces an exclusive partnership with Fuel Venture Capital, a prominent U.S.-based venture capital firm. This collaboration aligns with the UAE’s vision of fostering a robust startup ecosystem and driving innovation
Ghobash Group warmly welcomed a delegation from their long-term partners at Kyocera in Japan, led by Goro Yamaguchi, Chairman of the Board and Representative Director Kyocera Corporation. The delegation arrived in Dubai to engage in strategic discussions with Ghobash Group’s senior leadership and management, notably comprising Saeed Ahmad Ghobash (Chairman), Rashid Ghobash (Managing Director), Hasan
MAHY Khoory Automotive (MKA), the exclusive distributor of Dongfeng in the UAE, has entered a landmark fleet supply agreement with One by OneCar Rental, providing 1,000 Dongfeng vehicles to bolster the rental operator’s growing fleet. This strategic partnership signifies a pivotal milestone in the UAE’s automotive and mobility landscape, highlighting the increasing confidence in Dongfeng’s
MAHY Khoory Automotive (MKA), the exclusive distributor of Dongfeng in the UAE, has entered a landmark fleet supply agreement with One by One Car Rental, providing 1,000 Dongfeng vehicles to bolster the rental operator’s growing fleet. This strategic partnership signifies a pivotal milestone in the UAE’s automotive and mobility landscape, highlighting the increasing confidence in
The stage is set for yet another exciting iteration of the ever-popular Hatta Running Championship on January 4. Held under the patronage of Sheikh Saeed bin Hamdan bin Rashid Al Maktoum, President of Hatta Club, the event is being organised by the Hatta Sports, Cultural and Social Club, with the Dubai Sports Council(DSC) and the
