Under this partnership, DLD and Emirates NBD will collaborate on two forward-looking studies addressing procedural, and regulatory aspects …
Dubai’s Sidara weighs lowering Wood Group offer after UK regulator’s probe, FT reports
(Reuters) -Dubai-based Sidara is considering reducing the price of its takeover bid for Wood Group, as Britain’s financial regulator has launched a probe into the oilfield services provider, the …
UAE Aims for COP28 Finance Splash With $30 Billion Fund
The United Arab Emirates, host of the COP28 climate summit in Dubai, will put $30 billion into a new climate finance fund aimed at improving the flow of money into projects to reduce emissions …
Standard Chartered launches UAE’s first sustainable escrow and account bank solution
New solution enables clients to align cash deposits with sustainability goals through a market-first offering available in the UAE and beyond …
UAE Equity Market Set To Welcome Up To Five Ipos
DubaiUAE equity capital markets are poised for an uptick in activity, with Citi forecasting three to five initial pub …
World’s rich ignore Middle East strife to bet on Dubai and Abu Dhabi
DUBAI] At the Dubai offices of Abbey Road Investment Group, the phone calls and emails keep landing from around the world. Read more at The Business Times.
Shorooq, the ‘Blackstone of the Middle East’ wants to shake up global finance
Often dubbed the “Blackstone of the Middle East”, UAE venture capital firm Shorooq Partners has bigger ambitions to be a “Shorooq for the world” by being a “multi-dimensional” investor. Bilal Baloch, …
Estate planning tips for NRIs with assets in both India and the UAE
One of the most effective methods is to prepare two different wills—one for Indian properties and one for UAE properties. This way, both wills are drafted as per the law of the respective country.
UAE banking sector assets exceed Dhs4.749 trillion by end of April
Total banking sector assets in the UAE, including bankers’ acceptances, rose by 0.6 per cent month-on-month to exceed Dhs4.749 trillion at the end of …
DP World Trade Finance crosses $1bn mark, targeting gaps in emerging markets
DP World Trade Finance was launched to address persistent challenges faced by SMEs, many of whom are unable to secure loans from traditional institutions …
New UAE banking rule: How this will change the way you shop
Banks in the United Arab Emirates are phasing out one-time passwords (OTP) sent via texts and email as early as this week.
UAE banks to cancel OTPs, switch to app verification from July 25: Emarat Al Youm
UAE banks will gradually stop sending one-time passwords (OTPs) via SMS and email for digital transactions starting July 25, 2025, according to a report by Emarat Al Youm. The change will apply to all …
Good growth in GCC IPO market in 2025 so far despite volatility due to tariffs row
The initial public offering (IPO) activity in the Gulf Cooperation Council (GCC) companies grew in the first half of 2025 despite volatile market conditions driven by shifts in US trade policies, …
Hedge Fund’s Payments for Ideas Drew Tipsters From Dark Side (1) (1)
Squarepoint Capital collects ideas for its quant hedge fund from all over the world, with gleaming offices in London, Singapore, Dubai, New York and one above a Paris art gallery near the Champs …
First Abu Dhabi Bank crosses Dh10b in H1 profit on strong growth
First Abu Dhabi Bank (FAB), the UAE’s largest lender and one of the world’s top-rated financial institutions, has reported a record net profit of Dh10.63 billion for the first half of 2025, marking a …
Dubai Land Department, Emirates NBD forge strategic partnership to advance real estate ecosystem and deliver innovative customer financial solutions
The partnership aims to develop streamlined mechanisms for real estate transaction registration …
IQ-EQ acquires fund platform Gordian Capital
Gordian Capital operates offices in Singapore, Tokyo, Hong Kong, Shanghai, and Melbourne, managing $17bn in assets.