A Filipina expat who just hit the Dh30 million Big Ticket jackpot isn’t rushing into flashy spending. Instead, she’s pressing pause, planning ahead, and putting UAE property at the top of her …
RAKBANK Receives UAE Central Bank Approval to Launch AED-Backed Stablecoin
RAKBANK receives in-principle approval from Central Bank of UAE to launch AED-backed stablecoin with 1:1 reserve backing structure …
RAK BANK gains preliminary approval for dirham-backed stablecoin
RAK BANK has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin.
Dubai is going cashless in 2026: This is what it means for you
The Dubai Cashless Strategy aims to eventually make all transactions paperless, gradually switching to digital payment systems …
UAE’s Emirates NBD raises $1bln from blue and green bonds; orderbook over $2bln
The UAE’s Emirates NBD Bank, rated A1 (stable) by Moody’s / A+ (stable) by Fitch, has collectively raised $1 billion from its blue and green sustainability-linked bonds, with the orderbook in excess …
Why banking, and not company setup, is the real test for Indian SMEs entering the UAE
As Indian SMEs accelerate plans to expand into the UAE, banking and compliance have emerged as the real gatekeepers of market entry.
Yuze partners with Zand to empower SMEs in UAE
Yuze, a UAE-based AI-enabled digital business banking platform, and Zand, an AI and blockchain-powered digital bank in the UAE, have joined forces to provide digital business accounts to eligible SMEs …
UAE assumes MENAFATF presidency for 2026
MENAFATF comprises 21 member states across the MENA region,representing a combined gross domestic product estimated at more than $3tn …
UAE invests nearly $300bn in people, healthcare and growth under Sheikh Mohammed
Two decades under Sheikh Mohammed bin Rashid have seen $299bn invested in education, healthcare and growth in the UAE …
Biometrics replacing SMS OTPs for UAE online transactions
From January 6, 2026, major banks in the UAE will no longer send one‑time passwords by text message for online card transactions.
UAE takes over the Presidency of MENA Financial Action Task Force
Our collective efforts should contribute meaningfully to the global fight against financial crime,” says new President Hamid Saif AlZaabi …
UAE’s Emirates NBD mandates 3-year blue, 5-year green bonds
Roadshows have commenced for a three-year blue bond and a five-year green bond. The senior unsecured Reg S fixed rate benchmark offerings will come under ENBD’s $20 billion Euro Medium Term Note …
Dubai Chambers signs MoU with Abu Dhabi Islamic Bank to enhance support for small and medium-sized enterprises
Dubai, UAE – Dubai Chambers has signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) to strengthen banking support for the business community, with a particular focus on …
Dubai Residential REIT’s IPO oversubscribed 26 times
Dham Reit Management, a subsidiary of Dubai Holding, on Wednesday announced the final price of its Dubai Residential REIT IPO at Dh1.1 per unit, becoming the largest listed REIT in the Gulf …
Dubai outshines as GCC markets trail global rally in a divided year
GCC equity markets ended 2025 with mixed performances, underlining a widening gap between regional exchanges and global peers, as well as sharp divergences within the Gulf itself. Dubai emerged as one …
UAE bank to end SMS OTPs for online transactions from Jan 6, switch to biometric authentication
UAE banks are phasing out SMS OTPs for online card payments starting January 6, 2026, due to security risks like SIM-swapping and phishing. This shift mandates in-app authentication via push …
CRDB set for official Dubai office launch
By establishing a footprint in Dubai, CRDB aims to support regional efforts to attract FDI and integrate East African economies more deeply into global value chains …