In the UAE, parents are modernizing the Eid tradition of Eidiya by opening bank accounts for their children. This approach teaches kids financial responsibility early on, fostering long-term saving …
UAE SMEs remain optimistic amid economic pressures, reveals RAKBANK index
The findings of RAKBANK’s index are based on responses from over 1,200 SMEs across the UAE, surveyed between October and December 2024 …
Ripple Gains Regulatory Approval for RLUSD Stablecoin in Dubai
Ripple got two approvals that mean it can integrate RLUSD into the global payment services it’s offering in Dubai and the UAE.
UAE: Bank accounts for Eidiya? How some parents teach children value of saving
Eidiya, a cherished cultural practice in which children receive gifts often in the form of money from relatives during Eid, has long been a source of joy for little ones.
Plot of land in Dubai Islands sold for Dhs868 million
Dubai’s real estate market on Wednesday recorded the sale of a plot of land in the “Dubai Islands” area for a total value of nearly Dhs868 million. According to data from “Dubai REST,” the land spans …
Dubai’s FIVE Hotels mulls IPO in London or New York
Dubai-based party hotel operator, FIVE Holdings, is contemplating a listing in either London or New York, according to a Reuters report on Wednesday. The company, owner of the Pacha hotel and …
Dubai party hotel FIVE considers listing in London or New York
The company, which owns the Pacha hotel and nightclub, has been exploring an initial public offering in Dubai, it has said …
Most Gulf markets rise, Dubai’s main index hits over 17-year high
Most Gulf share indexes ended higher on Wednesday, tracking steady oil prices as a hit to Canadian supply from wildfires offset a hit from ongoing OPEC+ output increases.
Investing in 2025: Gulf Business panel to unpack UAE’s hottest trends
Under the theme “UAE’s hottest investment trends: what’s driving growth in 2025”, the event promises a wide-ranging conversation on the forces shaping investor appetite — from shifting global mobility …
Dubai Future District Fund reports $1.65bn boost, support for 190 startups
Dubai Future District Fund (DFDF), has unveiled a dynamic performance update for 2024 at its Annual General Meeting, highlighting more than $1.65bn in capital commitments and strategic support for …
Brazil officially removes UAE from list of jurisdictions with preferential tax regimes
Abu Dhabi: The Ministry of Finance announced that the United Arab Emirates has been officially removed from the Federative Republic of Brazil’s list of jurisdictions with preferential tax regimes, a …
CBUAE issues commemorative coins to mark Golden Jubilee of Dubai Islamic Bank
ABU DHABI, 4th June, 2025 (WAM) – The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank’s (DIB) Golden Jubilee and to honour its achievements …
UAE Central Bank issues 7,000 silver commemorative coins to mark Golden Jubilee of Dubai bank
The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank’s (DIB) Golden Jubilee and to honor …
Nasdaq Dubai welcomes Mashreq’s $500mln sukuk listing
The overall value of debt securities listed on Nasdaq Dubai now stands at over USD 140 billion, across 163 issuances. These figures reflect the depth and maturity of the UAE’s capital markets, as well …
Transamerica Life Bermuda expands global presence with a licence in Dubai International Finance Centre
Brings significant experience in large sums assured and managing complex customer scenarios to the Middle East.
Dubai is taking a leadership role in real estate tokenisation
Dubai is taking a leadership role in the Middle East in real estate tokenisation that, according to Dubai Land Department, will reach to a market value of Dh60 billion ($1 billion), while the global …
XRP price rises as RLUSD gets approved in Dubai’s financial hub
XRP is seeing renewed momentum after Ripple’s US-regulated stablecoin, RLUSD, was approved for use within Dubai’s leading financial free zone.