The Central Bank of the United Arab Emirates (CBUAE) saw its balance sheet soar to touch AED734.61 billion at the end of January 2024, marking a significant surge in its financial strength. This impressive growth is revealed in the bank’s latest balance sheet report.

Ukraine could go bankrupt as early as next year unless Western countries agree to write off or restructure its debts, an official from the World Bank told TASS on Saturday.  

A United Airlines Boeing 777 traveling from Frankfurt to San Francisco was forced to make a U-turn around two hours into its flight on Friday, after a toilet malfunctioned and began leaking into the cabin.

The cabinet has approved carrying on the initiative supporting the industrial and agricultural sectors’ projects, Minister of Finance Mohamed Maait stated.

Small and medium Enterprise (SME) sectors in the UAE have moved from a stage of resilience to prosperity after the Covid-19 pandemic, with two out of three expressing a positive view of the future business environment in the country, according to RAKBank SME Confidence Index.

The Saudi drilling services provider ADES Holding Company is planning to complete the drilling of six production wells within the second half (H2) of 2024 at an oilfield affiliated to Egypt’s General Petroleum Company (GPC) in the Gulf of Suez’s Ras Ghareb region, an official told Al Arabiya Business.