UAE Financial Markets Gain AED 36.98 Billion in August

UAE Financial Markets Gain AED 36.98 Billion in August

UAE financial markets closed August 2026 with positive performance, as the Dubai Financial Market index rose by 0.69%, while the Abu Dhabi Securities Exchange index advanced by 0.94%, helping local…

Norway’s Sovereign Wealth Fund Investments in UAE Stocks Surge More Than 12-Fold in 11 Years

Norway’s Sovereign Wealth Fund Investments in UAE Stocks Surge More Than 12-Fold in 11 Years

Norway’s sovereign wealth fund has recorded strong growth in its investments in shares of UAE companies over the past 11 years, with the value of those investments rising more than…

Gold Bar and Coin Purchases in the UAE Jump 32.5% in the Second Quarter

Gold Bar and Coin Purchases in the UAE Jump 32.5% in the Second Quarter

A report issued by the World Gold Council revealed that total gold purchases in the UAE, including jewelry, bars, and gold coins, increased by 25.3% quarter over quarter to reach…

ADNOC Logistics & Services Posts AED 4.3 Billion in First-Half Net Profit

ADNOC Logistics & Services Posts AED 4.3 Billion in First-Half Net Profit

ADNOC Logistics & Services announced record results for the second quarter and first half of 2026, exceeding market expectations and reflecting the strength and resilience of its operations in responding…

UAE Bank Assets Reach AED 5.63 Trillion by the End of May 2026

UAE Bank Assets Reach AED 5.63 Trillion by the End of May 2026

The UAE banking sector maintained its positive momentum in May 2026, with total banking assets, including bankers’ acceptances, rising by 1.1%. According to the Monetary and Banking Developments Report for…