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UAE banks remain resilient despite war-related shocks, as strong liquidity and capital buffers help offset a decline in sukuk markets.

Banking Staff Writer -
S&P said banking sector deposits increased by a further 4.9% in the first four months of 2026 compared with the end of last year. The...

How Dubai’s ‘Flexi Rent’ plan is easing upfront rental payments for tenants

Business Staff Writer -
Monthly instalments replace bulky cheques as Dubai modernises rental payments. Dubai: Paying rent in Dubai is set to become easier, with more flexible payment options....

Gold prices fall below $4,000 worldwide; what does it mean for Dubai buyers?

Business Staff Writer -
24K gold is down Dh56.75 per gram from its June 2 peak in Dubai. Dubai: Gold prices in Dubai fell again on Thursday morning, extending...

ADNOC Drilling marks milestone with early delivery of first AI walking rig

Business Staff Writer -
First of six automated rigs delivered ahead of schedule under $1.54 billion offshore contract. Dubai: ADNOC Drilling has delivered and accepted AD-300, its first AI-enabled,...

Abu Dhabi emerges as an off-plan hotspot as investor demand remains strong

Business Staff Writer -
Investors are increasingly turning to off-plan developments, drawn by lower entry prices, flexible payment plans, and the potential for strong capital appreciation. The UAE’s off-plan...
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