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Day: June 23, 2024

UAE stocks record Dh1.6b inflow with IHC, Emaar leading trading

Local stock markets attracted liquidity amounting to nearly Dh1.6 billion at the close of trading on Thursday, with International Holding Company (IHC) and Emaar Properties leading the trading. The liquidity […]

Gross written premiums increased by 18.5% Y-o-Y in Q1 2024 to AED21.1 billion: CBUAE report

The Central Bank of the UAE (CBUAE) announced that the UAE insurance sector continued to grow in Q1 2024, reflected by the increase in gross written premiums. In its Quarterly […]

Emirates’ operating initiatives save 48,000 tonnes of fuel, cut emissions by 151,000 tonnes

Emirates embarked on implementing “Green Operating Procedures” (Green Ops) in 2016, taking a multi-pronged approach that looks for opportunities to reduce on-ground and in-flight fuel use, in addition to providing […]

DP World completes $400-million Callao Port expansion project

DP World has completed a major US$400 million expansion project at the Port of Callao in Peru, boosting container handling capacity at the South Terminal by 80 per cent and […]

CBUAE projects UAE’s real GDP growth to reach 6.2% in 2025

The Central Bank of the United Arab Emirates (CBUAE) expected the country’s strong foreign trade performance to continue in 2024 and 2025, sustaining its projected growth for the UAE’s real […]

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