The Central Bank of the UAE (CBUAE) has released its latest statistics, revealing a significant surge in the assets of Islamic banks within the country. Over the past 12 months, these institutions have seen their...
Tag : growth
Apple is making significant strides in expanding its presence in India, with a focus on both manufacturing and sales operations. The tech giant's foray into the Indian market includes the opening of its inaugural physical...
Tech giant Apple has reportedly doubled its iPhone production in India, reaching a staggering $14 billion in output for the last fiscal year. This move accelerates efforts to diversify manufacturing beyond China, amid geopolitical tensions...
The International Civil Aviation Organization (ICAO) has released projections indicating that passenger air traffic in the first quarter of 2024 will surpass pre-pandemic levels by approximately 2 percent, marking a significant milestone in the aviation...
The private equity landscape across the Asia Pacific region witnessed a notable downturn in 2023, experiencing a decline of more than 23% in total deal value, as reported by Bain & Company. Amidst this trend,...
Islamic banking in the United Arab Emirates has achieved a significant milestone, surpassing AED700 billion in assets by the end of 2023, marking a historic moment in the country's financial landscape. According to the latest...
Etihad Airways has disclosed its preliminary traffic statistics for February 2024, revealing a significant upswing in passenger figures. With over 1.4 million guests onboard during the month, the airline experienced a remarkable 46 percent increase...
Aldar Properties ("Aldar") has disclosed the allocation of 49 contracts, totaling AED22 billion, for a spectrum of projects encompassing infrastructure, residential, commercial, and mixed-use developments throughout Abu Dhabi in 2023. These contracts were granted to...