Business & Money | Tuesday 13 October, 2026 8:00 am

CBUAE to organise annual UAE Banks Reception in Bangkok

The Central Bank of the UAE (CBUAE), in collaboration with the Ministry of Finance and the UAE Banks Federation (UBF), will organise the 2026 Annual UAE Banks Reception on Thursday, 15 October, in Bangkok, Thailand, during the Annual Meetings of the International Monetary Fund (IMF) and the World...

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Business & Money | Tuesday 13 October, 2026 8:00 am

The UAE’s Net Wealth Reaches $3.6 Trillion in 2025 and is Expected to Approach $6 Trillion by 2030, BCG Report Finds

 The UAE’s net wealth grew by 12.7% between 2024 and 2025, rising from $3.2 trillion to $3.6 trillion, according to Boston Consulting Group’s (BCG) Global Wealth Report 2026: The Great Reordering. Total Net wealth is forecast to reach $6 trillion by 2030, with a CAGR of...

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Business & Money | Tuesday 13 October, 2026 8:00 am

‘The Airport Show’ 2026 opens at Dubai World Trade Centre

H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and Borders Security Council, opened today the 25th edition of ‘The Airport Show 2026’ at Dubai World Trade Centre. Running until 14 October, the event brings together more than 150 exhibitors from over 30...

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Business & Money | Tuesday 13 October, 2026 8:00 am

etisalat UAE launches world-first 2×2 uplink MIMO delivering threefold upload speeds

In a global first, etisalat UAE has become the first operator to commercially launch 2×2 uplink MIMO with carrier aggregation for smartphones. The new capability enables up to three times upload speed for compatible smart phones exclusively on etisalat UAE’s 5.5G network. The technology...

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Business & Money | Tuesday 13 October, 2026 8:00 am

Sharjah Investment Forum 2026 to begin on Wednesday

The ninth edition of the Sharjah Investment Forum (SIF 2026) will begin on Wednesday, reaffirming its position as one of the leading investment conferences and exhibitions in the Middle East and North Africa (MENA) region. The two-day forum, to be held at Al Jawaher Reception and Convention...

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Business & Money | Tuesday 13 October, 2026 8:00 am

UAE Cabinet approves AED292.5 billion Federal General Budget Plan for 2027–2029

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the Federal General Budget Plan for 2027–2029, with a total outlay of AED292.5 billion. The Cabinet also approved the Federal General Budget Plan...

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Business & Money | Tuesday 13 October, 2026 8:00 am

UAE explores advanced manufacturing partnerships at China Industry Fair 2026

The UAE is exploring opportunities to strengthen industrial, technological and investment cooperation with China through the participation of a UAE delegation, led by Hasan Jasem Al Nowais, Undersecretary of the Ministry of Industry and Advanced Technology (MoIAT), alongside senior ministry...

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Business & Money | Tuesday 13 October, 2026 8:00 am

Shams launches AI-powered 'Bedaya' business setup platform

The "Bedaya" platform, which is powered by artificial intelligence, has been launched by Sharjah Media City (Shams) to allow entrepreneurs and investors to plan the setting up of their businesses via a smooth, fast, and integrated digital service. The platform reviews user-submitted business...

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Business & Money | Tuesday 13 October, 2026 8:00 am

Al Yamamah Steel’s contracts backlog hits SAR 1.1B; sales, profit likely to grow in 2027: CEO

Sahal Al-Thobaiti, CEO of Al Yamamah Steel Industries Co., said that the company’s current contracts backlog is valued at approximately SAR 1.1 billion, adding that it expects to secure additional contracts before the end of 2026. In an interview with Asharq Bloomberg on the sidelines of the ...

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Business & Money | Tuesday 13 October, 2026 8:00 am

Saudi Arabia to sustain investment in oil, gas, renewables, infrastructure: Minister

Saudi Arabia will continue investing in reliable oil and gas supplies, expanding renewable energy, strengthening electricity grids and storage facilities, upgrading gas infrastructure, and developing new technologies and low-emission solutions, Energy Minister Prince Abdulaziz Al Saud...

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