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 …
Millionaire migration: Where are the rich moving and why is Dubai a money magnet?
According to the Henley Private Wealth Migration Report 2025, roughly 142,000 millionaires are expected to relocate globally in 2025. “It reflects a deepening perception among the wealthy that greater …
Dubai set to be hedge fund hub as 60 firms eye DIFC move amid $4.8tn …
Dubai International Financial Centre has seen massive 692 per cent increase in value of cases in first six months of the year Dubai is set to become a global hub for hedge funds, with more than 60 …
The ‘invisible kingpin of data centres’ riding the Gulf’s AI boom
Dubai-based Zachary Cefaratti has become a go-to dealmaker who connects Middle Eastern money to Silicon Valley …
Dubai Debuts Blockchain Mortgage System – NMP
According to a report in the UAE publication The National, Dubai Land Department (DLD) and UAE lender Mashreq Bank have launched a blockchain-based electronic mortgage system designed to increase the …
Etihad Airways CEO says airline ‘ready to IPO anytime’, waiting on shareholders
The UAE national carrier reported its strongest-ever half-year performance, delivering record profitability and passenger numbers in the first six months of 2025 …
Dubai in September: where Wall Street meets the Global South
Dubai is back! After the languid torpor of summer, when half the city decamped to Europe or simply hibernated indoors, September brings the great return — and with it, the traffic. Where were all …
FAB Leads Gulf with $50m Blue Bonds for Sustainable Finance
Tanguy Claquin, Global Head of Sustainability, Crédit Agricole Corporate and Investment Bank, says: “Crédit Agricole CIB is proud to support First Abu Dhabi Bank as Sole Dealer on this landmark Blue …
Khazna Data Centers bags $2.6bn bank financing
Khazna Data Centers has secured $2.62 billion in bank financing to grow its data center empire. The UAE-based firm has secured funding from two of the country’s banks, Abu Dhabi Commercial Bank (ADCB) …
UAE to match Saudi volume in busy end to year: IFR
The coming months should see activity in the UAE keep pace with regional leader Saudi Arabia in terms of dollar volume …
UAE banks prepare for a passwordless future
Passkeys eliminate frustrations: delayed SMS messages, expired codes, repeated calls to customer service. Biometric login is fast, familiar, and frictionless.
Mideast Gas Firm Said Poised to Hire Rothschild to Explore IPO
Middle Eastern specialty gas manufacturer Gulf Cryo is poised to hire Rothschild & Co. to explore options including an initial public offering, according to people familiar with the matter.
UAE Warns Israel Annexing West Bank Would Undermine Abraham Accords
The United Arab Emirates warned Israel that annexation of Palestinian territory in the West Bank would constitute a “red line” and “severely undermine” the regional vision for peace and integration …
OQ Trading Welcomes UAE’s Expansion of Qualifying Activities for Corporate Tax in Free Zones
OQ Trading (OQT), an international commodity trading company wholly owned by the Oman Investment Authority and headquartered in the Dubai International Financial Centre (DIFC), welcomes the recent …
UAE, UK conclude strategic dialogue on combating illicit finance
The 2-day visit underscored the deep and strategic partnership between the UAE and the UK in safeguarding the international financial system and disrupting illicit financial networks that enable serio …
S’pore swim school Fitness Champs to launch $19.3m IPO on Nasdaq, plans Dubai expansion
Most of the funds raised will go towards launching its Dubai operations. Read more at straitstimes.com. Read more at straitstimes.com.
QCP expands to UAE with crypto trading license
QCP Group (QCP), a crypto trading entity has received a Financial Services Permission (FSP) license from the Abu Dhabi’s International Financial Centre (ADGM).