by PREMA Team | Aug 21, 2025 | Business
Dubai’s reputation as a premier global destination for multinational corporations, family-owned enterprises, and high-net-worth individuals has accelerated significantly in 2025, underlined by a surge in new entrants and record levels of wealth migration. The Dubai...
by PREMA Team | Aug 19, 2025 | AML
The UAE Central Bank has suspended the licence of insurance company Yas Takaful for non-compliance with the country’s regulatory framework, it said on Monday. “Yas Takaful remains liable for all rights and obligations arising from insurance contracts...
by PREMA Team | Aug 15, 2025 | Business
Dubai’s economy expanded to AED119.7bn ($32.6bn) in the first quarter of 2025, up 4 per cent compared to the same period in 2024, underscoring the emirate’s economic resilience and sectoral diversity. According to data from the emirate’s Data and Statistics...
by PREMA Team | Aug 14, 2025 | Business
The UAE’s property technology (PropTech) market is set to grow to AED 5.69 billion ($1.55 billion) by 2030, from AED 2.24 billion in 2024, expanding at a compound annual growth rate of 17.49 per cent, according to market research firm Research and Markets. The report...
by PREMA Team | Aug 13, 2025 | Business
Dubai Chamber of Commerce has reported strong growth in the first half of 2025, welcoming 35,532 new member companies — a 4 per cent year-on-year increase — and driving member exports and re-exports to AED171.9bn ($46.8bn), up 18 per cent compared to H1 2024. The...
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