Uae

Finance & Capital Market

UAE gross banks’ assets surge to $1.43 trillion by November 2025

Tue, 13 Jan 2026

The Central Bank of the UAE (CBUAE) revealed that gross banks’ assets, increased by 0.8% at the end of October 2025 to AED5.25 trillion ($1.43 trillion) at the end of November 2025. This increase in banks’ deposits was driven by the growth in resident deposits by 1.4%, said a report.

Energy, Oil & Gas

e& enterprise, Sergas team up to bring smarter energy operations to life

Tue, 13 Jan 2026

Leading Emirati entity e& enterprise, the digital transformation arm of global technology group e&, has announced a strategic collaboration with Sergas, a UAE-based gas system solutions provider, aimed at transforming the way energy operations are run and protected.

Miscellaneous

UAE raises minimum wage for Emiratis to AED6,000 per month

Thu, 01 Jan 2026

The UAE Ministry of Human Resources and Emiratisation (MoHRE) has increased the minimum wage for Emiratis employed in the private sector to AED6,000 per month, effective January 1.