Proceeds from global initial public offerings surged by 46 per cent in the second quarter of 2023, with the Asia-Pacific region, led by mainland China, contributing about 68 per cent of the total.
UAE apex bank unit launches instant digital payments platform
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the launch of Aani, an instant payment platform that aims to transform the landscape of digital payments in …
National Bank Of Fujairah Announces 17 UAE National Graduates From Its Management Trainee Programme
The young Emiratis successfully completed the 11th edition of the long-standing programme.
ADIB Named as the Best Bank in the UAE by Global Finance Awards 2023
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been named the Best Bank in the UAE by Global Finance Magazine 2023. The bank was recognised also as the Best Islamic Bank …
Central Bank of UAE launches new 24/7 instant payments system
A subsidiary of the Central Bank of the UAE has launched a 24/7 instant payments system designed to transform the landscape of digital payments in the country. The central bank be …
UAE invests Dhs20.6b in Turkey until August
Ahmet Burak Daglioglu, Head of the Investment Office of the Turkish Presidency, said that the cumulative foreign direct investment from the United Arab Emirates to Turkey …
Etisalat’s digital unit looks at M&A, possible IPO to fuel expansion
In its transition from a telecommunications company to a technology-driven one, Etisalat’s e& enterprise (formerly Etisalat Digital) is looking to expand its operations across several key markets, …
UAE emerges as a cybersecurity benchmark in Middle East region
The UAE ranks as the safest cybersecurity country in the region as the country has emerged as a cybersecurity benchmark in the region, boasting the lowest infection and blocked URL rates.
Finance House pioneers the launch of CBUAE Aani instant payments platform
Finance House LLC, a leading financial institution known for its commitment to innovation and leadership, proudly announces its latest achievement as one of the pioneering financial institutions to …
Dubizzle Cars promises the UAE’s easiest route to buying and selling vehicles
The experience of purchasing or saying farewell to a car has taken a smart new route courtesy of dubizzle Cars. With its new Value Added Services (VAS) offering, the popular platform has introduced a …
Banking In Minutes Made Possible With CBD’s Award-Winning Mobile Banking App- Your Gateway To Quick, Convenient, And Secure Banking
When it comes to banking, the Commercial Bank of Dubai (CBD) is at the forefront of delivering a seamless and efficient banking experience with its …
Dubai’s Gulf Navigation Q3 2023 net profit up 62%
Dubai-based ship operator Gulf Navigation Holding grew Q3 2023 net profit by 62% year-on-year (YoY) to 6.8 million dirhams ($1.86 million) and said the focus ahead will be on ramping up revenues.
UAE attracted $36bln FDI for renewable energy projects in 2022
UAE has successfully enticed a staggering $23 billion last year, up 10% over 2021, to be ranked 16th globally in FDI attraction …
Dubai FSA fines ex-CFO of listed REIT for ‘knowingly concerned’ in misleading statements
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
Climate lessons from G20 for Dubai COP28
At COP28, the UAE will have to ensure that these issues of immediate importance are not lost at the altar of future transition.
UAE invested $36bn in foreign renewable energy in 2022, plans $160bn net zero spend
In 2202, UAE’s FDI outflows increased by 10 per cent to reach $25bn (AED92 billion), to be ranked 15th globally, reaffirming its role as a global leader in investments that help other countries to …
UAE Central Bank subsidiary unveils instant payments platform for digital transactions
Al Etihad Payments, a subsidiary of the UAE Central Bank, has unveiled Aani, an instant payments platform that is intended to transform the digital payments landscape in the Emirates. A key initiative …