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Economy Local 2025-11-07T22:12:17+00:00

UAE Stocks Decline Amid Market Volatility

The UAE stock market showed negative dynamics over the past week. The main pressure on the indices was exerted by the shares of key companies in the financial, real estate, industrial, and energy sectors, which showed volatile behavior. Investors are assessing the current economic situation and the prospects for the development of these industries.

UAE Stocks Decline Amid Market Volatility

UAE stocks recorded weekly declines amid volatile performance of leading stocks in the financial, real estate, industrial, and energy sectors.

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UAE Banks Reluctant to Provide Mortgages to Government Employees Over 50
2025-11-07T22:22:37+00:00

UAE Banks Reluctant to Provide Mortgages to Government Employees Over 50

Several local banks in the UAE are reluctant to provide mortgage financing to government employees aged 50 and over. Banks fear risks associated with early retirement and prefer to issue loans for short periods, making monthly payments unaffordable for borrowers.
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«Al Ittihad Cooperative» Reports Record Q3 Financial Results
2025-11-07T22:22:03+00:00

«Al Ittihad Cooperative» Reports Record Q3 Financial Results

«Al Ittihad Cooperative» announced its Q3 2025 financial results. Total income grew by 8% to 1.7 billion dirhams. The company recorded record sales, customer base growth, and digital service expansion.
Economy Local
ADNOC Global Trading Plans Expansion
2025-11-07T22:10:57+00:00

ADNOC Global Trading Plans Expansion

ADNOC Global Trading, the oil trading arm, plans to expand its operations. The company, established five years ago, is strengthening its position in the global energy market.
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