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Month: May 2026

Posted on 07/05/2026

Digital asset custody expands steadily as BNY enters UAE with local partners

BNY is expanding its digital asset custody services into the UAE through local partnerships, as institutional demand for secure custody in the region surges.

Posted on 07/05/2026

Sharjah Ruler opens Dh700 million Khor Fakkan resort with panoramic view

He also laid the foundation stone for the Abu Kizan Marine Village project in Khor Fakkan, to develop tourism and leisure destinations in the emirate …

Posted on 07/05/2026

UAE stem cell project in Abu Dhabi aims to treat diabetes, chronic conditions

For the first time, a localised manufacturing and clinical development pathway for Umbilical Cord Mesenchymal Stem Cell therapies will be established …

Posted on 07/05/2026

DFSA Launches Consultation To Clarify Islamic Finance Rules In DIFC

The DFSA is also proposing enhanced disclosure requirements for Takaful products, which operate as mutual risk-sharing arrangements. The changes would require …

Posted on 07/05/2026

Waiting for your UAE visa? Here’s how to check your application status online

If you recently applied for a family residence visa , employment visa, investor visa , or tourist visa , and want to know its status, you can easily do so onlin …

Posted on 07/05/2026

Binance News: CZ Says the UAE Is Stealing America’s Crown as the World’s Money Capital

Bitcoin price is trading above $80,000, reaching a three-month high as Asian equity markets push toward record levels and risk appetite returns across global prediction markets. The $80,000 level …

Posted on 07/05/2026

CZ: Why the UAE is becoming the global sweet spot for safe, fast innovation

The founder of Binance, has spent years navigating regulatory environments and argues the UAE stands out a broader platform for next-generation industries.

Posted on 07/05/2026

Brookfield bets on Dubai real estate, defying war concerns

Private equity giant Brookfield Asset Management Ltd. is setting up a new property joint venture in Dubai with Gulf consumer giant Alshaya Group, a bold bet on the city’s real estate market even as …

Posted on 07/05/2026

Rents fall across key Dubai areas: Are new communities driving the decline?

While headline trends suggest a softening in select areas, market experts emphasise that the movement reflects a broader rebalancing rather than a uniform downturn …

Posted on 07/05/2026

UAE honors 20 companies and individuals for driving billions back into the national economy

Organizations and individuals recognized at Make it in the Emirates for their contributions to the local content agenda …

Posted on 07/05/2026

Fujairah and Khor Fakkan: trade lifeline on UAE’s east coast

At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed through pipes and onto tankers berthed along its quay. Dozens of loaded trucks lined …

Posted on 07/05/2026

Abu Dhabi’s TA’ZIZ Methanol JV secures $2bn financing for methanol plant

Abu Dhabi’s TA’ZIZ Methanol Company, a joint venture between TA’ZIZ and the Swiss-headquartered Proman, has secured $2 billion (AED7.34 billion) in financing for a methanol plant at Al Ruwais …

Posted on 07/05/2026

BNY Expands Crypto Custody to Abu Dhabi Through Finstreet and ADI Foundation Partnership

BNY partners with Finstreet and ADI Foundation to launch regulated bitcoin and ether custody services in Abu Dhabi Global Market.

Posted on 07/05/2026

Al Ain secure UAE Pro League title after defeating Sharjah by 5-0

Al Ain have been crowned champions of the 2025–26 UAE Pro League for a record-extending 15th time, sealing the title with two matches remaining after a resounding 5-0 victory over Sharjah on Wednesday …

Posted on 07/05/2026

BNY, world’s largest custody bank, expands crypto services in Abu Dhabi

The Wall Street giant, which oversees $59 trillion in client assets, teamed up with Finstreet and ADI Foundation for digital asset infrastructure.

Posted on 07/05/2026

GIFT City vs Dubai vs Singapore: Which features high on Indian investors’ global wealth map

As Indian investors increasingly diversify globally, GIFT City, Dubai, and Singapore are emerging as key offshore wealth destinations. Experts say the choice now depends less on tax arbitrage and more …

Posted on 07/05/2026

Bank of Sharjah delivers record performance with net profit of $41.14mln

The Bank maintained strong balance sheet growth, with total assets reaching AED55 billion (+13%), net loans and advances increasing to AED35 billion (+14%), and customer deposits rising to AED36 …

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