As part of the second phase of the Zero Government Bureaucracy programme, the Ministry of Finance today hosted its second Customer Council to strengthen partnerships with customers and move from the …
Dubai thrives as families desert rival centres
A generational shift in regional families is encouraging a new cohort of investors to take advantage of AI and private markets in their fast-developing Gulf hub of expertise …
ORA Developers Strengthens Global Presence with Landmark Projects in UAE and Iraq
Launches Bayn as a premier coastal lifestyle sanctuary in Ghantoot, UAE, and Madinat Al Ward in Iraq, highlighting ORA’s vision to shape transformative communities across dynamic Middle Eastern …
The Global Trade Finance Expo – Dubai
The Global Trade Finance Expo offers the perfect opportunity to engage with senior decision-makers in global trade and investment.
Dubai merges troubled mortgage lenders – Financial Times
The government of Dubai yesterday sought to reassure increasingly nervous real estate investors by announcing that it is to build the world’s tallest towerblock as part of a Dh140bn ($38bn …
Dubai investor boosts stake in IPO-bound National Stock Exchange
Balachandran, executive chairman and CEO of Buimerc Corporation Ltd, DIFC, and chairman of the Indian Business & Professional Council Dubai, now owns 9.315 million shares in NSE …
UAE lender ADCB looks to raise up to $1.7bln via rights issue, shares fall
The bank said in a statement its board has recommended increasing the share capital by issuing 592.2mln new shares …
Dubai solidifies position as MEASA ’s global private wealth hub: DIFC
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA), today launched the latest edition of its flagship Future of Finance …
UAE: Gross banks’ assets up 1.9% at end of June 2025
The money supply aggregate M2 increased by 2.3%, from AED 2,474.0 billion at the end of May 2025 to AED 2,531.2 billion at the end of June 2025 …
Dubai Unified Licence integration with Emirates NBD delivers 35% time reduction for SME onboarding
As one of the first banks officially onboarded to the DUL, Emirates NBD has pioneered a seamless, government-verified approach to SME and Business Banking (BuB) onboarding. By leveraging direct access …
Al Salam Bank signs strategic deal with Denodo and NAIB IT to advance data management and AI initiatives
The signing ceremony was attended by Shaikha Dr. Dheya Bint Ebrahim Al Khalifa, Managing Director at NAIB IT; Mr. Anwar Murad, Deputy CEO – Banking at Al Salam Bank, Mr. Hemantha Wijesinghe, CTO at Al …
Ajman Bank, Franklin Templeton to launch Shariah-compliant funds in UAE
The collaboration will provide the lender’s clients access to select Luxembourg-domiciled Franklin Templeton Shariah funds …
Noon nears profitability, eyes dual listing in UAE, Saudi Arabia within 2 years
Noon, the Middle East’s homegrown e-commerce powerhouse, is eyeing a bold move onto public markets—with plans for a dual listing in the UAE and Saudi Arabia within two years. Founder Mohamed Alabbar …
Dubai-listed du to offer over 342mln shares offloaded by Mubadala unit
The UAE telecom operator du is selling more than 342 million shares in the company, previously held by Mamoura Diversified Global Holding, as part of a new public offering, representing 7.55% of its …
UAE GDP hits Dh455bn in first quarter as non-oil economy breaks another record
The UAE’s economy maintained strong momentum in the first quarter of 2025, with real gross domestic product rising 3.9 per cent year-on-year to Dh455 billion, according to preliminary estimates …
UAE banks lead GCC in revenue and lending growth amid strong economic momentum
Overall, the UAE banking sector’s performance in Q2 2025 underscores its leading role in the GCC, driven by strong fundamentals, economic diversification, and strategic lending. With continued …
UAE: Non-oil sector contribution reaches all-time high of 77%
The contribution of the non-oil sector in the UAE’s GDP reached a new record high of 77.3 per cent for the first time in the country’s history in the first quarter of 2025, according to preliminary …