EconomyTop StoriesFitch maintains UAE’s ‘AA-‘ rating, here are the reasonsGBO CorrespondentJuly 2, 2024 GBO CorrespondentJuly 2, 2024 Fitch stated that even with a moderate government debt-to-GDP ratio, the UAE's...
FinanceTop StoriesMillionaires ready to spend nearly USD 800 million on Abu Dhabi, RAK homesGBO CorrespondentJune 13, 2024 GBO CorrespondentJune 13, 2024 The emirate's 'Visit Abu Dhabi' campaign has contributed to the notable level...
Real EstateTop StoriesDubai, Abu Dhabi retail rents surge in double digits amid limited suppliesGBO CorrespondentMay 30, 2024 GBO CorrespondentMay 30, 2024 In Abu Dhabi and Dubai, the average rent increased by 5% and...
EconomyTop StoriesDubai leapfrogs Toronto, Sydney, & Lisbon as most liveable city for expatsGBO CorrespondentMarch 21, 2024March 20, 2024 GBO CorrespondentMarch 21, 2024March 20, 2024 The report claimed that, at USD 3,894, Dubai's average tax-free salary is...
Banking and FinanceTop StoriesAjman Bank cuts stakes in Abu Dhabi and Dubai-listed companiesGBO CorrespondentMarch 6, 2024 GBO CorrespondentMarch 6, 2024 Ajman Bank now holds 5.49% of Takaful Emarat, down from 41.8% at...
Real EstateTop StoriesUAE real estate breaks records with dependable off-plan sales in 2023GBO CorrespondentJanuary 19, 2024 GBO CorrespondentJanuary 19, 2024 Off-plan sales drove growth in the real estate market in both Dubai...
EconomyTop StoriesGCC sees robust tourism growthGBO CorrespondentDecember 27, 2023December 26, 2023 GBO CorrespondentDecember 27, 2023December 26, 2023 The tourism sector was expected to grow faster in 2023 than it...
EconomyTop StoriesGo Green with GBO: The Abu Dhabi model of sustainable economic developmentGBO CorrespondentDecember 22, 2023December 22, 2023 GBO CorrespondentDecember 22, 2023December 22, 2023 UAE's attempts to promote 'green economic growth' are centred in Abu Dhabi,...
Banking and FinanceTop StoriesUAE banks witness strong profitability in Q3GBO CorrespondentNovember 29, 2023November 28, 2023 GBO CorrespondentNovember 29, 2023November 28, 2023 UAE banks' impairment charges decreased by 11.7% in the third quarter when...
Real EstateTop StoriesMoody’s flags long-term risks for UAE developers amid high inflation & interest ratesGBO CorrespondentNovember 23, 2023 GBO CorrespondentNovember 23, 2023 Moody's predicts that consumer spending is likely to decline, and the risk...