UAE Gold Reserves Reach 33.54 Billion Dirhams

The UAE Central Bank boosted gold reserves to 33.54 billion dirhams, underscoring gold's strategic role in the nation's financial stability amid global economic uncertainty.

The UAE Central Bank's gold reserves reached 33.54 billion dirhams by the end of September. This increase highlights the strategic importance of gold for the country's financial stability. Gold serves as a safe asset amid global economic uncertainty. Experts note that diversifying reserves with gold helps mitigate risks. The UAE Central Bank continues to actively manage its reserves to support the national currency and economy.

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2025-11-26T10:24:18+00:00

Dubai Aerospace Enterprise Completes Delivery of 10 Boeing 737-9s to United Airlines

Dubai Aerospace Enterprise (DAE) successfully completed the delivery of 10 Boeing 737-9 aircraft to United Airlines. The deal was finalized in a record 6 months, demonstrating high efficiency and seamless teamwork between both parties.

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2025-11-26T10:22:59+00:00

UAE Investments in Africa

The UAE's Minister of State for Foreign Affairs announced the country's significant investment volume in the African continent, highlighting their contribution to the region's economic development.

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2025-11-26T10:21:40+00:00

Phoenix 47 Opens Office in Dubai

«Phoenix 47» has announced the opening of a new regional office in Dubai to support its strategic expansion in the Middle East. This step will create new jobs and strengthen business ties in the region.

Economy Events Local

2025-11-26T10:21:06+00:00

Dubai Unveils World's Largest Silver Bar

The DMCC unveiled the world's largest silver bar (1,971 kg), now a Guinness World Record. In a strategic move, the bar will be tokenized, marking a significant milestone for the digital assets market.