THE PROFIT MAKERS
Here’s the list of top performers recording great profit incomes 1) ADIB touches Dh4Billion profit; H1 2025 sees massive growth in customer base 2) FAB tops in H1 with Dh10Billion; Journey towards strong growth continues 3) CBD records net profit of dh1.86Billion before tax; loans to customers increase 4) NDMC Energy H1 revenue rolls 41% […]
Gulf IPO sector witnesses massive growth in H1 2025
Dubai Holding;s Dubai Residential Reit alone raises Dollar 584 million (AFP data) in the Gulf IPO sector while GCC based companies grew in H1 2025 despite factors that have risen up due to US trade tariffs and policies, according to S&P global market intelligence data and analysis. Remember, China and the EU are witnessing higher […]
ETIHAD plans big to reach another 27 destinations in 2025
Etihad Airways, UAE’s national carrier, will launch a set of new 27 destinations by the end of 2025. The airlines is fast pushing its strategies and their execution to increase its passenger number to double and moving very diligently. 2024 and till date Etihad has shown a growth pattern which is consistent and record breaking […]
Property registration process in Dubai goes more simpler
Simple and faster ways of property registration are being decided and implemented followed by a partnership between Dubai Land Department (DLD) and Emirates NBD easing the processes involved in financial services. The agreement focusses on increasing the customer service experience. Registration of property deals made outside UAE and creating new financial services within UAE are […]
Q2-2025: Sale of homes in Dubai crosses 50K mark; Luxury deals soar
51,000 residential deals done in the second quarter of 2025, a data pleasant to the real estate market by Knight Frank reveals the numbers growing beyond expectation. Young buyers and new residents are getting attracted to the “first home” initiative which gives a feeling that the sales may surpass 2024 income. Luxury deals are witnessing […]
H1 profits of FAB crosses Dh10b mark
Dh10.6 billion and more, the first half 2025 of FAB bank profit sheet shows a record income over what was achieved in 2024. The H1 2025 non-interest incomes growth was much higher followed by the interest incomes in this period. The overseas network also added significant growth to the balance sheet. Loans and deposits through […]
Soaring gold prices worry buyers in the region
Developments happening globally and the concerns arising from there are having an impact on the sales of gold in the region. Gold prices are seeing a new all time high despite the trade tariff deals worldwide. Sellers point out at the environment looming large which is not helping them from the pricing point of view. […]
Thinking of visa renewal? Clear your traffic fines first
Outstanding traffic fines in the names of Dubai resident expats must now be cleared by the liable parties before renewal of their visas. The General Directorate of Residency and Foreigners affairs (GDRFA) has ruled that a new electronic system that links residency-related transactions with the traffic fines systems of Dubai Police will now be implemented. […]
