New Banks Expected to Enter UAE Bond Market

Deputy Minister Younes Khouri announces new banks joining the UAE dirham-denominated retail bond program, expanding investor options.

Younes Khouri, Deputy Minister of Finance, expects one or two new banks to join the process of issuing individual bonds denominated in UAE dirhams in the coming days. This development is set to enhance the local financial market and offer new investment opportunities.

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2025-11-04T01:35:02+00:00

ADNOC and SLP Launch AI Platform to Boost Production

ADNOC and SLP unveiled the AiPSO platform, which uses AI to analyze data and optimize operations at oil and gas fields, reinforcing ADNOC's global leadership in AI adoption within the energy sector.

Economy Events Local

2025-11-04T01:33:32+00:00

UAE Develops Measures to Improve Energy Efficiency of Data Centers

The UAE's Under-Secretary for Energy Affairs, Sharif Al-Ilm, discussed plans to enhance energy efficiency in data centers and expand renewable energy. The country is exceeding its goals for green energy production and actively implementing energy-saving programs in buildings and promoting electric vehicles.

Economy Politics Local

2025-11-04T01:23:38+00:00

Dubai Launches 30th Edition of 'Art Map'

Dubai's Culture and Arts Authority has launched the 30th edition of the 'Art Map', highlighting the city's cultural life, key festivals, and events, reinforcing Dubai's status as a global creative economy hub.

Events Economy Local

2025-11-03T22:30:30+00:00

UAE Banks' Profits Rise by 10% in 2025

The net profit of 15 UAE-listed banks grew by 10.07% in the first nine months of 2025, reaching 702.7 billion dirhams, supported by higher operational revenues and financial strength, reinforcing the sector's role as a key economic driver.

Economy Local