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Category: FINANCE

Posted on 04/10/2025

Pakistan and UAE set tracks for Railway revolutionPublished on: October 3, 2025 4:13 PM

ABU DHABI – Pakistan and the United Arab Emirates (UAE) held high-level talks to improve Pakistan’s railway system. The meeting took place during the Global Rail Infrastructure Conference in Abu Dhabi …

Posted on 04/10/2025

Pakistan, UAE agree to strengthen partnership

Pakistan and United Arab Emirates have agreed to strengthen partnership on rail modernization and regional connectivity. The commitment was expressed during a meeting between Minister of State for …

Posted on 04/10/2025

Personal Finance: Budget smarter with 50/30/20 rule

Balance your needs, wants, and savings — even in a high-cost city without sacrificing lifestyle or financial goals …

Posted on 04/10/2025

UAE Banks Shift from SMS to App-Based Authentication for Enhanced Security

First Abu Dhabi Bank (FAB) and other major UAE banking institutions have initiated the replacement of SMS-based OTPs with app-based authentication methods. FAB has announced that starting September 22 …

Posted on 04/10/2025

No more OTP: UAE bank moves to app-based approvals for all transfers; what customers need to know

Emirates NBD is phasing out SMS and email OTPs, transitioning to app-based verification through its ENBD X mobile app starting November 1, 2025. This Central Bank-mandated shift aims to significantly …

Posted on 04/10/2025

Millennium Hires in Dubai for New Pod Focused on Commodities

Izzy Englander’s $79 billion Millennium Management is assembling a new investment team out of Dubai to trade across commodities markets, according to a person familiar with the matter.

Posted on 04/10/2025

New Listing Real Estate Reports on Flexible Payment Plans Reshaping Dubai Property Market

DUBAI, AE / ACCESS Newswire / October 3, 2025 / New Listing Real Estate is redefining accessibility in global real estate investments. Flexible payment plans in Dubai and various financing options in …

Posted on 04/10/2025

Nvidia CEO Jensen Huang frustrated by UAE AI chip delay, claims report — White House said to be pressing nation to finalize U.S. investments before chip deliveries are authorized

Nvidia cannot start shipping its AI chips to the UAE, as the country is reportedly yet to finalize its investments in the U.S.

Posted on 03/10/2025

Nvidia’s UAE Chip Deal in Limbo as White House Awaits Investment

American chip giant Nvidia’s ($NVDA) export deal with the UAE has been stalled for months as the White House awaits investment commitments from …

Posted on 03/10/2025

UAE bank stops SMS OTP, moves to app-based approvals for all transfers; what customers need to know

Emirates NBD is phasing out SMS and email OTPs, transitioning to app-based verification through its ENBD X mobile app starting November 1, 2025. This Central Bank-mandated shift aims to significantly …

Posted on 03/10/2025

Denmark’s Tax Authority Loses Landmark Cum-Ex Case

The Danish Tax Authority, SKAT, faced a legal setback losing a £1.44 billion lawsuit against Sanjay Shah’s hedge fund over cum-ex tax fraud claims. The London court ruled SKAT had inadequate controls …

Posted on 03/10/2025

Emirates, flydubai and Dubai Finance partner to accelerate ‘Dubai Cashless strategy’

Dubai, UAE: Emirates and flydubai have signed two Memoranda of Understanding (MoUs) with Dubai Finance (DOF) to advance digital payment initiatives and promote ‘Dubai Cashless Strategy’ among …

Posted on 03/10/2025

UAE strengthens leadership as global hub for sustainable finance: Moody’s

Innovation in the UAE now extends to low-carbon steel, low-emission cement, and energy- and water-efficient data centres …

Posted on 03/10/2025

Malayali business tycoon M A Yusuff Ali named most influential expat in the UAE

Proud moment for Kerala! Malayali business tycoon M A Yusuff Ali has been named the most influential expat in the UAE by Finance World. From humble beginnings to global success — a true inspiration.

Posted on 03/10/2025

UAE bank to replace OTP with app verification for online transaction approvals

Emirates NBD stated the change will apply to all types of local and international financial transfers and online transactions …

Posted on 03/10/2025

BlackRock’s Bitcoin ETF overtakes Deribit, proving ‘ETFs are no joke’

BlackRock’s iShares Bitcoin Trust exchange-traded funds (ETFs) (NASDAQ: IBIT) have leapfrogged Deribit, the top crypto-native derivatives exchange, to become the largest venue for Bitcoin options by …

Posted on 02/10/2025

Emirates, flydubai, Dubai Finance partner to accelerate ‘Dubai Cashless strategy’

Emirates and flydubai have signed two Memoranda of Understanding (MoUs) with Dubai Finance (DOF) to advance digital payment initiatives and promote …

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