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Category: FINANCE

Posted on 19/05/2025

Government of Dubai to Accept Crypto Payments for Fees

Dubai Finance (DOF) has signed a Memorandum of Understanding (MoU) with Crypto.com, a global cryptocurrency trading platform.

Posted on 18/05/2025

UAE’s Islamic finance strategy set to boost global sukuk market

The UAE’s ambitious plan to expand its Islamic finance sector by 2031 is set to propel the industry to new heights, reinforcing the country’s position as a global leader in sukuk issuance and Islamic …

Posted on 18/05/2025

Will your UAE bank balance automatically go to your family after you?

You need a registered UAE will to give family access to your assets without undue delays It’s a common assumption that if something happens to you, your bank account in the UAE will …

Posted on 17/05/2025

Ajman Bank and Azimut (DIFC) Limited sign distribution agreement

Ajman, UAE – Ajman Bank has signed a distribution agreement with Azimut (DIFC) Limited, a subsidiary of the global asset management firm Azimut Group, to expand the range of investment solutions …

Posted on 17/05/2025

Dubai property buyers become more picky despite thriving market, experts say

Many Dubai property investors are getting more selective about where to put their money, experts have said. The Covid-19 pandemic instigated a boom that has eased off with buyers now thinking …

Posted on 16/05/2025

Deal signed to strengthen UAE’s position as a global financial hub

In the presence of Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive …

Posted on 16/05/2025

Dubai Government Human Resources Department and ESCP Business School sign strategic partnership agreement with Emirates NBD

The memorandum of understanding (MoU) was signed during the Dubai Fintech Summit by Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD Group and His Excellency Abdulla Ali …

Posted on 16/05/2025

UAE and US agree on path for Abu Dhabi to buy most advanced AI chips, Trump says

U.S. President Donald Trump said on Friday the United Arab Emirates and the United States have agreed to create a path for the Gulf country to buy some of the most advanced artificial intelligence …

Posted on 16/05/2025

UAE’s Bank of Sharjah and Apex Investment added to MSCI Global Small Cap Index

Five Saudi companies also added to, and three deleted, from the widely followed index after its semi-annual review …

Posted on 16/05/2025

Chinese investment bank CICC opens branch in Dubai’s DIFC

CICC is positioning the new Dubai branch as a two-way investment banking gateway between China and the Gulf region …

Posted on 16/05/2025

Trump strikes ‘historic’ deal with UAE to build biggest AI campus outside US

The United Arab Emirates and the United States have signed an agreement for the Gulf country to build the largest artificial intelligence campus outside the United States, a type of deal that …

Posted on 15/05/2025

Wio Bank PJSC announces new Chairman and Board appointments

These appointments will help to further accelerate Wio Bank’s growth trajectory, whilst ensuring the bank continues to drive long-term value for its stakeholders, and contribute meaningfully to the UA …

Posted on 15/05/2025

US close to letting UAE import millions of Nvidia’s AI chips, sources say

The U.S. has a preliminary agreement with the United Arab Emirates to allow it to import 500,000 of Nvidia’s most advanced AI chips per year, starting in 2025, two sources familiar with the situation …

Posted on 14/05/2025

Perfios Launches an AI-Powered Solution for Mortgage Operational Excellence at Dubai FinTech Summit 2025

Perfios today announced the launch of ‘Switch’, an AI-powered solution for mortgage operational excellence, at Dubai FinTech Summit 2025.

Posted on 14/05/2025

Dubai free zone launches 60-minute business licence service

A free zone in Dubai is offering entrepreneurs an express business licence service to get up and running in one hour. Meydan Free Zone officially launched Fawri, a new service that enables …

Posted on 14/05/2025

Botim officially launches ‘Send Now, Pay Later’ feature to enhance financial flexibility for UAE expats

Astra Tech, the UAE-based consumer technology holding group, has announced the launch of the ‘Send Now, Pay Later’ (SNPL) feature within its Botim Ultra App. This feature enables users to instantly …

Posted on 14/05/2025

HSBC brings iconic lions to the UAE, reaffirming the bank’s long-term commitment to the country and MENAT region

Dubai, UAE: HSBC, the largest international bank in the UAE, has brought its iconic bronze lions – Stephen and Stitt – to its UAE headquarters, marking the first time the bank’s global symbols of …

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