Category Archives: Business & Investments

Business & Investments

Innovative Financing Solutions Essential to Advancing Global Trade and Sustainable Development: UBF 

Abu Dhabi- Dubai, United Arab Emirates, 7 November 2025:

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has highlighted the importance of developing innovative financing solutions to support global trade amid growing challenges. This aligns with the UAE’s strategic priorities, which focus on facilitating global trade flows to achieve the sustainable development goals.

Mr. Jamal Saleh, Director General of UBF, and Chairman of SWIFT User Group Steering Committee in the UAE,

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Business & Investments

Union Coop Reports AED 1.7 Billion Total Income as of Q3 2025

Records Highest Sales since Listing on Dubai Financial Market

Dubai, UAE:

Union Coop announced its financial results for the third quarter of fiscal year 2025, reporting a total income of AED 1.7 Billion, up 8% year-on-year. The results reflect steady performance across its retail, real estate, and other income streams.

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Business & Investments, Real Estate

Gllit launches new smart features as part of ‘next-gen way’ of empowering UAE home sellers and landlords to go agent-free

Expertise-as-a-Service unlocks new AI-powered professional-grade real estate tools;
Go-Direct Benefit is a new, transparent approach to reward direct-to-owner transactions

Dubai, UAE – 06 November 2025 – Gllit, a leading proptech innovator introducing the next-gen way of buying, selling, and renting property in the UAE, has today rolled out powerful new tools and features that make it easier for every home seller and landlord to create professional-quality property listings and earn more from direct-to-owner transactions.

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Business & Investments

Dubai Finance and CIPS sign MoU to elevate procurement excellence across the public sector

Dubai, 7 November 2025: Dubai Finance (DOF) and Chartered Institute of Procurement and Supply (CIPS) have signed a Memorandum of Understanding (MoU) to strengthen procurement capability and promote international best practices across Dubai’s government entities.

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Business & Investments

NBQ’s Signs agreement with RERA to serve as a trustee bank for real estate escrow accounts in Dubai

Umm Al Qaiwain- 6 November 2025: The National Bank of Umm Al Qaiwain (NBQ) has signed an agreement with the Real Estate Regulatory Agency (RERA), the regulatory arm of the Dubai Land Department (DLD), to become an accredited Trustee Bank authorized to manage and hold real estate project escrow accounts in Dubai.

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