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UAE’s business loan demand grows over economic recovery

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Business loan demand has surged in the United Arab Emirates during the third quarter, reflecting confidence of the corporate sector in the economic recovery, showed the data of Credit Sentiment Survey.

According to the survey of senior credit officers across the banking sector by the Central Bank of UAE (CBUAE), the demand is at its highest peak since 2014.

The survey shows that the UAE’s credit sentiment results for the September quarter points to increased demand for credit, from both businesses and households, coupled with a softening of credit standards for the household sector.

For the September quarter, survey results suggested that demand for business loans surged further with strongest increase since 2014.

According to survey results, 47.5 per cent of respondents reported no change, 42.5 per cent reported an increase in demand, while 10 per cent of respondents reported a decrease in demand.

Looking forward, expectations for business and personal loan demand along with changes in credit standards bode well for credit growth in the months ahead.

The UAE’s economic recovery is fuelling a positive outlook and higher expectations for business loan demand in the months ahead.

Data showed credit demand from corporates and small businesses reported solid increase in demand, which continued to strengthen across all emirates.

According to the report, increased demand was widespread among the different loan categories, comprising large firms, domestic firms, government-related entities, and small and medium enterprises, and was primarily driven by customers’ sales, the property market outlook, interest rates, customers’ fixed asset investments, and seasonal influences.

Looking ahead to the December quarter, business loan demand is expected to remain strong across all emirates, although survey respondents expect a minor net tightening of credit standards.

The survey found the main drivers of increased demand were the housing market outlook, change in income, financial market outlook, and interest rates. The outlook for the December quarter remains optimistic with survey respondents expecting a strong increase in credit demand and a net easing of credit standards.

The results of the third quarter credit sentiment survey revealed contrasting trends in credit standards applied by banks to business and consumer lending.

Data showed a tightening of terms and conditions for loans to businesses across all categories in the September quarter. Survey respondents reported the highest degree of tightening for collateralization requirements, as opposed to a lower degree of tightening for spread of loan rates over cost of funds. Over the next three months, survey respondents expect credit terms and conditions to tighten further, mainly with respect to premiums charged on riskier loans and collateralization requirements

Looking forward, survey respondents expect the factors driving the change in credit standards to remain the same as those reported in the September quarter.

In the consumer credit segment, survey respondents expect a continued net easing of credit standards for personal loans in the December quarter. Credit standards for personal loans are expected to ease across all categories, the survey found.

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Dubai airport welcomes travellers with special Dubai World Cup passport stamp

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Travellers arriving at Dubai International Airport are being greeted with a unique souvenir, a special stamp on their passports celebrating the Dubai World Cup 2026.

The initiative, launched by the General Directorate of Identity and Foreigners Affairs (GDRFA), marks the 30th edition (Pearl Jubilee) of one of the world’s most prestigious horse racing events.

A grand sporting celebration

The iconic Dubai World Cup will take place on Saturday, March 28 at Meydan Racecourse, drawing global attention from racing fans and elite stables.

This year’s event promises high-stakes action:

  • 100 horses from top international stables
  • Nine races across the evening
  • Total prize pool of $30.5 million

Spotlight on the main race

The highlight of the night is the $12 million Dubai World Cup race, sponsored by Emirates Airline.

Run over 2,000 metres on dirt, the Group 1 race will feature some of the world’s top thoroughbreds, including:

  • “Hit Show” – last year’s winner
  • “Forever Young” – UAE Derby and Saudi Cup champion
  • “Imperial Emperor”
  • “Meidan” – Super Saturday winner

A memorable arrival experience

The commemorative passport stamp adds a celebratory touch for visitors landing in Dubai, tying their arrival to one of the city’s biggest sporting spectacles.

With excitement building ahead of race day, Dubai is once again showcasing its ability to blend world-class sport with unique visitor experiences.

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Dubai schools extend remote learning until April 3

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Private schools and early learning centres in Dubai will continue with remote learning until April 3, authorities have confirmed, as precautionary measures remain in place.

The Knowledge and Human Development Authority (KHDA) announced the extension on Friday, citing ongoing monitoring of conditions across the emirate.

Weekly review in place

The Ministry of Education UAE had earlier confirmed that distance learning for nurseries, public, and private schools will continue until April 3, with the situation under weekly review.

Authorities stressed that updates will be shared promptly as conditions evolve.

Return to classrooms under review

KHDA also noted that a flexible mechanism will be introduced, allowing private schools to request a return to in-person learning when appropriate.

These decisions will depend on:

  • Each school’s operational readiness
  • Student safety and wellbeing
  • Overall conditions across the education sector

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Rain in Dubai: Why your food and grocery deliveries may be delayed today

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If your food or grocery delivery is taking longer than usual, the reason lies in the severe weather currently sweeping across the city.

With heavy rains, strong winds, and thunderstorms hitting Dubai, Dubai Police has advised delivery riders to temporarily halt services during unsafe conditions, putting safety ahead of speed.

Safety first, deliveries later

Authorities have urged riders to avoid travelling during intense rainfall, especially in:

  • Flooded streets
  • Low-visibility conditions
  • Areas prone to water accumulation

This means many delivery services may be paused or significantly delayed, particularly during peak rainfall hours.

Why delays are necessary

Officials warn that riding in such conditions can be dangerous. Risks include:

  • Slippery roads and skidding
  • Poor visibility due to heavy rain
  • Waterlogged streets that can stall bikes

To reduce accidents, riders are being encouraged to wait until conditions improve before resuming deliveries.

Even taxis are running late

Taxi drivers have also been told to drive cautiously and avoid flooded areas, which could slow overall traffic movement across the city, adding to delays.

What you should expect

  • Longer wait times for food and grocery orders
  • Temporary service interruptions in some areas
  • Limited rider availability during storms

What you can do

  • Plan ahead and order earlier if possible
  • Expect delays and track orders in real time
  • Avoid placing urgent orders during peak storms

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