The UAE has emerged as one of the world’s most banked nations on the back of remarkable surge in bank account ownerships, according to a new independent survey. The YouGov study, commissioned by the …
Finance World honours UAE’s top developers and real estate icons at 2025 awards
Finance World Magazine’s highly anticipated UAE Realty Awards 2025 unfolded in spectacular fashion at Sofitel Dubai The Palm, setting a new benchmark for excellence, innovation and celebration in the …
UBF highlights UAE’s leadership in financial, banking innovation
ABU DHABI, 12th May 2025 (WAM) — The UAE Banks Federation (UBF) has reiterated its commitment to enhance the efforts of its member banks to develop the necessary frameworks, under the direct …
Saudi Arabia’s low-cost carrier Flynas sells out all shares from initial public offering
Saudi Arabia’s low-cost carrier Flynas has sold within minutes of opening all of the $1.1 billion in shares from its initial public offering on the Riyadh stock exchange.
Saudi Airline Flynas Launches IPO to Raise up to $1.1 Billion
DUBAI (Reuters) – Saudi Arabian budget airline flynas, backed by billionaire Prince Alwaleed Bin Talal, is seeking to raise up to 4.1 billion riyals ($1.1 billion) from an initial public offering in …
Why I believe UAE businesses must rethink FP&A – before it becomes a bottleneck
I’ve sat across the table from CFOs, controllers, and business owners navigating the highs and lows of growth in the UAE. I’ve seen what great finance teams can do – and I’ve seen what holds them back …
UAE imposes sanctions on 5 insurance brokers
The Central Bank of the UAE has imposed administrative and financial sanctions on five insurance brokers operating in the country, pursuant to Article (14) of the Decree Federal Law No. (20) of 2018 …
UAE MBank offers AED fiat to crypto escrow account
UAE MBank, Al Maryah Community Bank, the first fully integrated digital bank in the UAE, is offering secure and regulated AED dirham to crypto conversions and trades, AED Escrow Account Services, …
Middle East shakes off tariff turmoil with three IPOs: IFR
Three IPOs launched in the Middle East in rapid succession last week in a testament to the region’s resilience amid wider global market volatility in response to the US tariff announcement in April.
UAE and Saudi Arabia spur surge in Mena share sales
The Middle East and North Africa (Mena) region’s capital markets kicked off 2025 with a strong performance, recording 14 initial public offerings (IPOs) that raised $2.4 billion in Q1, a 106 per cent …
The UAE’s Islamic finance and halal strategy could boost the industry
The UAE cabinet’s recent approval of the strategy for Islamic finance and halal industry is likely boost the industry, a top agency said. According to a report by Fitch Ratings, the UAE Islamic …
National Bank of Fujairah wins in five categories at MEA Finance Banking Technology Awards 2025
National Bank of Fujairah (NBF) has been recognised in five awards at the prestigious MEA Finance Banking Technology Awards 2025, reflecting the bank’s leadership in delivering secure, cutting-edge …
Emirates Islamic unveils exclusive Business Banking Diamond Account for high-value SME clients
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its new Business Banking Diamond account. The account is a premium and bespoke offering …
DFM CEO discusses Dubai IPO pipeline
Hamed Ali, Dubai Financial Market and Nasdaq Dubai CEO, speaks to CNBC’s Dan Murphy at the DFM Capital Market Summit in Dubai about the city’s pipeline for initial public offerings.
US tariffs: What UAE’s financial influencers recommend
Tariffs are up, certainty is out, and no one knows where to park their money. Between a new 10 per cent US tariff squeezing UAE exports like aluminium and petrochemicals, and oil prices …
Why off-plan properties are thriving in Dubai: Don’t miss the May Expo
Off-plan properties in Dubai made up 60% of transactions in 2024, which helped generate a 35.5% increase in property deals. From January to April, 2025, Dubai recorded a total sales transaction value …
DIFC to host third edition of Dubai FinTech Summit
The Dubai International Financial Centre (DIFC) is set to host the third edition of the Dubai FinTech Summit May 12 and 13, 2025, at the Madinat Jumeirah, Dubai, under the theme ‘FinTech for All’. The …