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United Arab Emirates , Thursday 16 April 2026

News United Arab Emirates Financial: UAE hopeful of 5%-6% economic growth in 2022 and beyond-min

Published on: Monday 28 March 2022
UAE hopeful of 5%-6% economic growth in 2022 and beyond-min
News source: https://www.reuters.com/world/middle-east/uae-hopeful-5-6-economic-growth-2022-beyond-min-2022-03-28/

The United Arab Emirates (UAE) is hoping the economy will grow by 5% to 6% this year as it recovers from the pandemic, and by the same pace over the next few years to help double the economy by 2031, its economy minister said on Wednesday.

News United Arab Emirates Financial: Abraaj founder fined staggering $135M by Dubai regulator

Published on: Wednesday 26 January 2022
News source: https://www.mysanantonio.com/news/article/Dubai-regulator-issues-massive-fine-on-Abraaj-16808197.php

A regulatory body in Dubai said Thursday it is imposing a staggering fine of $135.5 million on the Pakistani-born founder of Abraaj Group, the now defunct Mideast private-equity firm accused of fraud.