CBUAE grants in-principle approval for Omla Community Bank, an AI-powered digital banking project based in Umm Al Quwain …
UAE steps up gold sector crackdown as trade hits $186bn
UAE intensifies gold sector compliance checks as gold trade reaches AED683bn ($186bn) and the country strengthens AML regulations …
Cerebras raises IPO price. Chip stocks are still hot.
Cerebras is looking to sell 30 million shares at a price between $150 and $160.
Missiles over Dubai rattle the Gulf’s billion-dollar money machine
The Gulf’s image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO markets are slowing, with billions in transactions stalled. Even …
Dubai Taxi buys rival for $395m
Dubai Taxi Company, a subsidiary of the emirate’s transport regulator, has agreed to buy National Taxi, which operates in Dubai, Abu Dhabi and Al Ain. The deal is valued at AED1.45 billion ($395 …
Dubai Taxi Company to acquire National Taxi in $394.7m deal
National Taxi operates across Dubai, Abu Dhabi and Al Ain, with around 2,500 licensed plates and a fleet of more than 2,700 vehicles …
UAE’s MoF holds second briefing on national e‑invoicing rollout
The session set out the main goals of eInvoicing and its contribution to the UAE’s broader digital transformation policies.
Nisus Finance announces strategic expansion in the UAE’s construction sector with its subsidiary NCCCL
The entry of NCCCL comes at a time when the GCC construction and transport projects market is experiencing a significant growth …
UAE bank federation chief says no concerns of capital flight due to Iran war
The chairman of the United Arab Emirates banks federation said on Wednesday there were no concerns about increased capital outflows and a dollar shortage amid the Iran war, as the UAE seeks a …
UAE banks dismiss capital flight fears amid Iran war
The comments come as global investors continue to assess their exposure to Gulf markets following months of geopolitical instability …
Have UAE banks cut jobs due to regional conflict? Official clarifies
UAE Banks Federation chief says no bank has cut jobs , but third parties offering services to banks might have reduced workforce amid ongoing regional conflict …
Abdulaziz Al Ghurair: The UAE’s economy returns stronger after crises
Abdulaziz Al Ghurair, Chairman of the UAE Banking Association, stressed that the UAE ‘s strategy set by the wise leadership makes crises opportunities for advan …
ADCB unveils AI-powered mobile banking app with investment trading
ADCB’s new mobile app lets customers trade stocks and crypto using natural voice commands through an AI assistant. The conversational banking platform handles everything from balance checks to …
National Bank of Fujairah and The Free Zones Authority of Ajman sign MoU to support business growth
Abu Dhabi, United Arab Emirates – National Bank of Fujairah PJSC (NBF) has signed a Memorandum of Understanding (MoU) with the Free Zones Authority of Ajman to establish a strategic partnership aimed …
From historic highs, a conflict-driven pause to AED 9bln in April mortgages: Dubai’s property market in 2026
Dubai’s property market opened 2026 with a historic AED 72.4 billion in January, then navigated a regional conflict, yet recorded its highest mortgage month of the year in April at AED 9.02 billion …
Trowers & Hamlins relocates Banking & Finance Partner Debopam Dutta to Dubai
Trowers & Hamlins has relocated Partner, Debopam Dutta, to Dubai as part of its strategy to grow its Banking and Finance practice across the UAE and key int …
Dubai issues new mortgage law
The ruler of Dubai has issued a new mortgage law as part of moves to regulate the Gulf Arab business hub’s booming real estate sector, the chief executive of the Real Estate Regulatory Authority (RERA …