UAE is ahead in adoption of digital remittance methods Remittance senders in the UAE are primarily motivated by the need to provide regular support to their families
Abu Dhabi overtakes Oslo as SWF capital Combined assets under management (AUM) on track to reach $2.2 trillion by the end of 2024
India becomes 4th nation with $700b in forex reserves India’s reserves are strong compared to other emerging markets
Oil market braces for major price hike on possible Iran supply drop Oil markets have remained unusually stable over the past year
Family credit in UAE banking sector hits $115b Family credit in Arab countries accounted for 38% of total private sector credit at the end of 2023
UAE-Serbia Cepa set to add $351m to GDP This is the first pact the UAE has signed with a country that is not a member of the World Trade Organisation
Dubai records robust business expansion In Dubai, overall activity levels rose at the fastest pace in four months
Dubai banks lead Middle East and Africa lenders in Q3 market cap growth Banks in the UAE hold the largest share of the Arab banking sector’s assets
UAE wealth funds lead as AUM set to hit $2.2 trillion in 2024 The AUM of SWFs from the GCC, including the “Oil Five,” is forecast to reach $7.3 trillion by 2030
UAE ahead in consumer readiness for new mobility solutions Findings highlight the UAE’s significant interest in transitioning to electric vehicles
