The role of Dubai as a global finance hub and favored landing spot for the global elite faces its first big test in the Iran war. The big picture: Dubai is the flagship city of oil power United Arab …
Mawarid Finance and Liabify join forces to redefine infancial lfexibility fr middle-income workers in the UAE
The strategic partnership introduces LiaPay, an AI-powered prepaid platinum Mastercard with Earned Wage Access and a full digital financial ecosystem for middleclass workers …
Dubai’s Major Finance Hub Status Holds Firm Despite Iran Conflict
Dubai’s rise as one of the world’s most important financial centres faces a fresh test as regional tensions involving Iran dominate headlines. Periods of geopolitical stress always trigger caution in …
UAE banks can withstand Iran war stresses, says governor
The banking sector in the UAE and wider Gulf is financially sound and can withstand any strains caused by the Middle East conflict, according to a senior regulatory official in the emirates and a …
Asia’s Ultra-Rich Having Second Thoughts On Dubai As Iran War Rages
Dubai’s ascent as a burgeoning finance and wealth hub faces a test as the US-Israeli war with Iran hits close to home.
UAE mulls freezing billions of dollars in Tehran’s shadow banking network
By Ben Aris in Berlin As the war in Iran escalates, Tehran’s shadow banking sector is coming into focus as a possible weakness that could bring the regime down and quickly halt the conflict. In …
Emirates NBD bank waives fees for cash withdrawals from other ATMs across UAE, GCC as Iran and US–Israel war fears grow
Emirates NBD is waiving ATM withdrawal fees across the UAE and GCC until March 31, 2026, to ease financial access amid regional disruptions. This move also includes free debit card replacements and …
Dubai Financial Market IPO opens
Dubai, Nov. 11th, 2006 (WAM)– Dubai Financial Market (DFM)said that its landmark initial public offering (IPO) is now openfor subscription as of tomorrow.Dubai Government, the founderand main …
Gulf sovereign funds back SoftBank PayPay IPO
Arabian Post Staff -Dubai SoftBank Group’s digital payments subsidiary PayPay has secured backing from major Middle Eastern sovereign wealth funds as anchor investors for its planned Nasdaq listing, …
Dubai: Mohamed Alabbar calls Emaar’s IPO his ‘stupidest idea’ but says it made the company tougher
Dubai: For a developer behind the world’s tallest tower and some of Dubai’s most recognisable landmarks, Mohamed Alabbar does not mince his words when reflecting on one of Emaar’s most consequential …
Rich Asians look to move Dubai assets closer to home on Iran war fears
Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than US$100,000 each from their local bank accounts to Singapore to …
Crisis management for Singapore banks, fund managers in Dubai as conflict sparks anxiety among clients
[SINGAPORE] It has been a week of crisis management and client reassurance for private bankers in Dubai, as Iranian missile strikes tested confidence in the Gulf’s financial hub.
Dechert welcomes back Sacks to its Dubai office
Dechert announced the return of Phillip Sacks, who has rejoined as managing partner in its Dubai office. The move strengthens further its financial services and investment management practice in the …
Emirates NBD bank waives fees for cash withdrawals from other ATMs
[Editor’s Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.] Emirates NBD bank on Friday announced waiving fees for cash withdrawals from ATMs in the …
Dubai no longer a safe bet? Rich Asians look to move assets to Singapore as US-Iran conflict widens
Wealthy Asians are increasingly seeking to relocate their assets to Singapore and Hong Kong due to concerns about the UAE’s stability amidst the US-Israel conflict with Iran.
Crisis management for S’pore banks, fund managers in Dubai as conflict sparks anxiety among clients
It is still very early to assess the longer-term implications for wealth flows into other safe havens including Singapore. Read more at straitstimes.com. Read more at straitstimes.com.
UAE weighs cutting Iranian access to Dubai financial networks: report
Dubai has long served as a financial corridor for Iranian trade. US pressure and rising tensions push UAE to review sanctions enforcement. The United Arab Emirates is considering restricting Iran’s …