Banks in the UAE and the rest of the Middle East and Africa are expected to outperform many of their peers globally, with retail revenues in the region forecast to grow 7.7% every year between 2021 …
IPO frenzy makes Dubai a hotspot for idle bankers chasing deals
Investor demand is strong, with this week’s dual listing of Americana Restaurants International Plc drawing $105 billion of orders for its $1.8 billion offering …
Sunil Narine Appointed Skipper Of Abu Dhabi Knight Riders For Upcoming ILT20 In The UAE
Sunil Narine on Wednesday was appointed as the captain of Abu Dhabi Knight Riders for the upcoming inaugural edition of t …
UAE Funds to Buy $855 Million Stake in Israeli Financial Firm
Abu Dhabi funds led by ADQ are in talks to buy a stake worth about $855 million in Israeli financial services firm Phoenix Group as the United Arab Emirates expands into the country after normalizing …
5-year-old Indian kid falls to death from Dubai high-rise
A five-year-old child of Indian descent died after falling from a high-rise building in Al Qusais, east of Dubai, police said.
Bank of China’s Dubai branch lists $300mn bond in Nasdaq Dubai
The bond, which is rated ‘A’ by Fitch, offers a yield of 4.84%; the total value of debt instruments listed on Nasdaq Dubai reaches $111.6bn Bank of China’s Dubai branch lists $300mn bond in Nasdaq …
Dr. Rasha Kelej Welcomed 13 African First Ladies to 9th Merck Foundation “Africa Asia Luminary” 2022 in Dubai
Dr. Rasha Kelej welcomed 13 African First Ladies to 9th Merck Foundation “Africa Asia Luminary” 2022 in Dubai.
Dubai-based NOW Money Selects ThetaRay AI Tech to Prevent Financial Crime on the Inclusive Banking App
DUBAI, United Arab Emirates & NEW YORK & TEL AVIV, Israel, 4, 2022–Dubai-based NOW Money Selects ThetaRay AI Tech to Prevent Financial Crime on the Inclusive Banking App …
6 Reasons to Visit Abu Dhabi, a Unique and Beautiful City
Located in the heart of the United Arab Emirates, Abu Dhabi is one of the most beautiful and unique cities in the world. Although it may not be on the top of the list of travel destinations for …
Wizz Air Abu Dhabi begins flights to Uzbekistan
Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has commenced operations on the new route of Abu Dhabi to the ancient city of Samarkand, the second largest city in Uzbekistan. The …
Deloitte successfully advises Taaleem on its initial public offering on the Dubai Financial Market
Deloitte successfully advised Taaleem Schools (Taaleem), one of the largest K-12 premium education providers in the UAE, on its initial public offering …
Nomura to hire bankers in Dubai for Middle East push
Nomura Holdings is set to offer wealth management services in Dubai as the Japanese firm expands its Middle East presence to tap a growing pool of rich clients and flow of funds to the region. Adil …
Dubai: Sheikh Hamdan Issues Resolution On Regulation Of Public Libraries In Emirate
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, issued Executive Council Resolution No. (78) of 2022, regarding the regulation of …
Dubai: Six arrested for drug dealing, running fake website selling gold
The site claimed that customers could buy the precious metal at lower costs than the legal price; however, once the payment went through, no gold would be sent …
UAE citizens take on customer-facing roles as companies aim to hit Emiratisation targets
With a little more than two weeks to go before the January Emiratisation deadline, companies are looking to hire UAE citizens in customer-facing roles across various sectors. Recruitment agencies have …
Sharjah approves residential and vacant lands for 1,500 individuals
The SEC approved the second batch granting residential and vacant lands for 2022, including 1,500 beneficiaries. The batch was distributed over 1,100 residential plots and 400 vacant plots. The …
UAE: Will residents have to pay 9% corporate tax on their salary from next year?
The government released the law last week, revealing some important details for companies to be prepared for the new tax regime …