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Press Dossier   By Date  26/07/2025
Saudi real estate loans up 15%, hitting $246bn
Saudi Arabia: Real estate loans by Saudi Arabia’s commercial banks climbed to a record SR922.2 billion ($245.9 billion) in the first quarter of 2025, marking an annual increase of just over 15 percent.
Bank investments in UAE cross Dhs774 billion by end of April 2025
Saudi Arabia: Investments by banks operating in the UAE continued their upward trend, reaching Dhs774.3 billion by the end of April 2025. This marks a 16.2% annual increase compared to April 2024 and a 1.4% rise from March 2025.
MOCCAE confirms UAE markets free of salmonella-contaminated Emek ‘Pistachio Cacao Cream with Kadayif Spread’ product
United Arab Emirates: The Ministry of Climate Change and Environment (MOCCAE), in collaboration with local regulatory authorities, today confirmed that the "Pistachio Cacao Cream with Kadayif Spread" product from the Emek brand, which has been identified as contaminated with Salmonella, is not present in UAE markets. This product is manufactured outside the UAE.
UAE Team Emirates-XRG strengthens grip on Tour de France
United Arab Emirates: AE Team Emirates-XRG's Tadej Pogačar tightened his grip on the Yellow Jersey during stage 18 of the Tour de France, finishing second behind Ben O’Connor (Jayco AlUla) and gaining 11 seconds, including bonus time, on rival Jonas Vingegaard (Visma-Lease a Bike) in the final 350 metres of the gruelling Queen stage.
Dubai Chamber of Commerce awarded ‘Plan to Action: Year of Sustainability Seal’
United Arab Emirates: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has been awarded the ‘Plan to Action: Year of Sustainability Seal.’
Dubai gold price down nearly Dh10 in 3 days - there is a 'flash sale' on too
United Arab Emirates: At Dh373 a gram, the Dubai gold rate is down to its lowest level since July 17’s Dh370.5. That means the local price is Dh10 lower from what it was during Wednesday last.
Saudi Arabia publishes new law on foreign property ownership
Saudi Arabia: Saudi Arabia has published the full text of a sweeping new law regulating real estate ownership by non-Saudis, marking a significant shift in property regulations across the Kingdom, according to the Saudi Gazette.
UAE: Stablecoin regulations encourage more users explore digital assets safely
United Arab Emirates: Experts are optimistic the recent signing by US President Donald Trump of the Genius Act — creating a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins.
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