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Category: FINANCE

Posted on 31/07/2025

UAE’s Open Finance will transform the banking experience

The UAE is on the cusp of a transformation in financial services, as the Central Bank of the UAE (CBUAE) rolls out its pioneering Open Finance initiative – a key pillar of the country’s ambition to …

Posted on 31/07/2025

Dubai universities launch new AI and Robotics programmes for 2025 academic year

The institutions aim to transform emerging talent into a future-ready workforce as part of Dubai’s Education 33 Strategy …

Posted on 31/07/2025

My Dubai Salary: ‘After earning Dh1,500 as a supermarket cashier, I now make Dh48,000 as an entrepreneur’

Meenakshi Tejwani has tried new careers throughout her life. She started off working in sales at the age of 17 at a car showroom in India, moved to Dubai in 2012 and found a job as a supermarket …

Posted on 30/07/2025

GNG Electronics shares off to a solid start, list at 50% premium over IPO price

GNG Electronics share price listed at ₹355 apiece on the NSE, up ₹118 or 49.79% over its issue price of ₹237 per share. On the BSE, GNG Electronics stock opened at ₹350, a premium of 47.68%.

Posted on 30/07/2025

UAE Central Bank revokes licence of Al Nahdi Exchange

The Central Bank of the UAE (CBUAE) has revoked the licence of Al Nahdi Exchange, an Exchange House operating in the UAE, and struck its name off the Register, pursuant to Article (137) of the …

Posted on 30/07/2025

Ajman Bank and MENSA Technologies announce strategic alliance

Ajman Bank, a leading Shariah-compliant banks in the UAE, has partnered with MENSA Technologies, a fintech company, in a strategic alliance aimed at enhancing the delivery of Wage Protection System …

Posted on 30/07/2025

Abu Dhabi Investment Authority snaps up 1.17% stake as anchor in India’s NSDL IPO

The Abu Dhabi Investment Authority (ADIA) has continued its investment streak in India, acquiring a 1.17% stake in the National Securities Depository Limited (NSDL), the country’s oldest central …

Posted on 30/07/2025

UAE central bank suspends foreign insurer’s motor business over solvency issues

The CBUAE cited the entity’s non-compliance with solvency and guarantee requirements specified in the Law and prevailing regulations governing insurance companies in the UAE as the reason for the susp …

Posted on 29/07/2025

DIFC Posts Record First-Half 2025 Results, Strengthening Dubai’s Role as Global Financial Hub

Dubai International Financial Centre has recorded its strongest half-year performance to date, adding 1,081 new companies in the first six months of 2025 and …

Posted on 29/07/2025

Ministry of Finance organises first ‘Customer Council’ under ‘Zero Government Bureaucracy’ programme

The Ministry of Finance has launched the first Customer Council under the second phase of the Zero Government Bureaucracy programme, reinforcing its commitment to transparency, innovation and …

Posted on 29/07/2025

RAKBANK Launches First UAE Bank-Backed Crypto Trading in Dirhams via Bitpanda

RAKBANK has launched crypto trading in AED via Bitpanda, enabling secure, regulated access from its mobile app.

Posted on 29/07/2025

RAKBANK becomes the first UAE conventional bank to facilitate crypto brokerage service

Dubai, UAE: RAKBANK has announced the launch of its crypto brokerage service via its mobile app for retail customers, becoming the first conventional bank in the UAE to enable crypto trading services …

Posted on 29/07/2025

GCC IPO market holds steady with $2.5bn raised in Q2 2025, PwC says

PwC noted that while Q3 is typically a quieter season for IPOs, a strong and diversified pipeline remains in place across the GCC …

Posted on 29/07/2025

UAE Retail Banking Competitor Benchmarking Report: Emirates NBD Group …

Dublin, June 26, 2025 (GLOBE NEWSWIRE) — The “UAE Retail Banking: Competitor Benchmarking 2024” report has been added to ResearchAndMarkets.com’s offering. This report benchmarks the largest …

Posted on 29/07/2025

GCC Share Sales Raised $2.4 Billion In Second Quarter

GCC equity markets continued to attract capital and investor interest in Q2 2025, a report showed on Monday.PwC Middle Eas …

Posted on 28/07/2025

Dubai mortgage lenders Amlak, Tamweel mull merger | Reuters

Dubai-based mortgage lenders Amlak Finance and Tamweel have begun merger talks, the two companies said on Saturday, as liquidity in the Gulf region tightens.

Posted on 28/07/2025

Dubai fund boss faces investigation-reports | Reuters

Dubai mortgage lender Tamweel’s former chief executive and head of investments are under investigation for alleged wrongdoing, their current Dubai employer said on Thursday.

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