Image: Shutterstock UAE-based Firoza Finance, a joint venture between Liberty Finance and HAQQ Network, announced the launch of its pilot programme, introducing what the company said is the world’s …
UAE insurance sector profits hit $681m in 2023: Central Bank
Total profits of the UAE insurance sector amounted to AED2.5bn ($681m) in 2023, compared to AED1.96bn ($534m) in 2022, according to Central Bank data. This increase was mainly driven by increase in …
UAE: Central Bank bans insurance provider from issuing new policies due to violations
The c (CBUAE) on Wednesday said it had prohibited a Takaful insurer from issuing or concluding new motor and health insurance contracts for violating the laws. The ban includes renewals as well, …
Ajman Bank included in FTSE Global Equity Index Series
This milestone underscores Ajman Bank’s growing presence in the global financial markets and provides enhanced visibility for investors worldwide …
Future of Automotive Mobility 2024: UAE Leads the Charge in Embracing Digital Car Purchases and Alternative Drivetrains
Arthur D. Little (ADL) has released the fourth edition of its influential Future of Automotive Mobility (FOAM) report, presenting a detailed analysis of current and future trends in the automotive …
UAE participates in meetings of Council of Arab Central Banks, Monetary Authorities’ Governors
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), participated in the 48th regular session of the Council of Arab Central Banks and Monetary Authorities’ Gov …
Carlyle-Backed StandardAero Nears Pricing IPO Above Range
StandardAero Inc. and some of the aircraft maintenance services provider’s investors raised $1.44 billion in an initial public offering, as companies seize the listings window before the US …
Ripple receives in-principle approval from the Dubai Financial Services Authority
DFSA approval unlocks Ripple’s end-to-end payment services in the UAE, boosting its operations in the Middle East …
UAE holds sixth strategic financial dialogue with Switzerland
Event provides strategic platform for bilateral cooperation and exploring new avenues to strengthen the partnership …
Ripple Secures In-Principle License from Dubai Financial Services Authority
Ripple has received in-principle financial services license approval from the Dubai Financial Services Authority (DFSA).
UAE stock markets close Tuesday in red zone
The main index of Dubai Financial Market (DFM) lost 25.21 points (0.58%) on Tuesday and ended the trading session at 4,477.27 points. A total of 139.72 million shares were exchanged at AED 296.46 …
Ripple Gains In-Principle Approval To Expand Payments Network to UAE
Ripple has won in-principle approval to expand its cross-border payments solution in the UAE. UAE is an integral part of Ripple’s Middle East expansion. Ripple …
Ripple secures in-principle approval from DFSA to expand cross-border payment services in UAE
Ripple secured an in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
Ripple secures in-principle approval from DFSA to expand cross-border payment services in UAE
Ripple secured an in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
Relief for UAE businesses as FTA extends corporate tax deadline
Many business owners had overlooked the misalignment between the date on their tax registration certificate and the actual filing date, according to tax experts …
Talabat to be valued at more than parent Delivery Hero in IPO: IFR
Delivery Hero could see its Middle East subsidiary Talabat valued at US$12.9bn–$15.1bn as it heads towards a Dubai IPO later this year, unlocking considerable value for the German parent that has a …
My Dubai Salary: ‘I started as a cleaner with Dh800 and now earn up toDh24,000 a month’
Vincent Kazibwe, a Ugandan national, started his career at the age of 19 as a cleaner with a labour company in Dubai. “I left school in 11th grade and moved to Dubai from Uganda in 2016, when I was 19 …