Assets of Islamic banks in UAE surge by AED86 billion
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....
Tag : growth
Apple’s investment in India reflects confidence in market potential
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...
PM Modi’s triumph as Apple boosts India output to $14 billion
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...
ICAO forecasts 2% growth in air travel, profits hold at $39B
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...
Private equity surge in Japan defies Asia Pacific downturn
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...
Islamic banking sector in UAE hits historic AED700 billion mark
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...
Etihad Airways reports 1.4 million passengers surge in February
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...
Aldar’s AED22 billion contracts boost UAE companies
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...