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Category: FINANCE

Posted on 17/06/2025

350 units sold in a single day: From private banking to billion-dirham real estate transactions

M Rafik, founder of 18 Bricks, is setting a new benchmark in Dubai’s real estate sector by combining financial acumen with strategic execution. With a background in private banking and a focus on …

Posted on 16/06/2025

UAE GPSSA waives pension penalties for 1,906 small private employers

The GPSSA designed the initiative to support small private sector businesses, which contribute to job creation and economic diversification within the UAE …

Posted on 16/06/2025

Fake Discount Links Used in Dubai Scam to Steal Bank Details

Dubai Police have arrested five men involved in a phishing scam that used fake promotional links pretending to offer big discounts from well-known restaurants and delivery services.Read More: How to …

Posted on 16/06/2025

UAE banks struggle with employee digital readiness despite leading GCC innovation: Report

The findings show that 72 per cent of UAE employees operate in mobile-first environments, reflecting the country’s digital infrastructure …

Posted on 15/06/2025

Dubai’s housing assistance: Grants vs. loans, what citizens need to know

Discover essential information on housing grants and loans available to Dubai citizens. Understand eligibility, benefits, and the application process for homeownership and improvement. Navigate …

Posted on 14/06/2025

UAE’s Islamic finance, halal industry poised for robust growth, economic diversification

The UAE continues to cement its status as a leading global hub for Islamic finance and the halal industry, aligned with a comprehensive development vision aimed at diversifying the national economy …

Posted on 14/06/2025

UAE bank promises 6.25% interest rate on your new savings account

Savers in the UAE can now have the opportunity to earn a higher return on their money. Mashreq Bank on Wednesday introduced a new digital savings product, the NEO PLUS Saver Account, which offers …

Posted on 13/06/2025

GCB Bank rewards digital champions with fully paid vacation to Dubai

GCB Bank has marked a milestone in its digital transformation journey with an official awards ceremony recognizing recipients of its “Tap, Refer & Fly” Digital Loyalty Campaign, held at its Head …

Posted on 13/06/2025

Dubai school fees soar by up to Dh5,000: How are parents coping with the hike?

Dubai parents are facing increased school fees following KHDA’s approval of a 2.35% rise in the Education Cost Index. While some families experience manageable hikes, others face substantial increases …

Posted on 13/06/2025

EU Cuts UAE From Money Watchlist, Flags Monaco

The European Commission cited the UAE’s removal from the Financial Action Task Force’s gray list last year as the basis for its delisting, pointing to a series of reforms the Gulf state has committed …

Posted on 13/06/2025

UAE banks post strong Q1 profit on lending and deposits

Aggregate net income rose 8.4% to AED22.2bn even as the IMF cut its 2025 GDP forecast and credit demand stayed weak …

Posted on 13/06/2025

Dubai real estate: Property sales jump 15% in May 2025 as market value hits $14.8bn

The market performance has been driven by investor confidence, end-user demand, and interest in both off-plan and ready properties in Dubai …

Posted on 13/06/2025

Vijay Shekhar Sharma at Dubai FinTech Summit: Redefining payments with PayTM’s QR code innovation

At the Dubai FinTech Summit 2025 held in May, a fireside chat with Vijay Shekhar Sharma, the founder and CEO of PayTM, took a deep dive into his entrepreneurial journey …

Posted on 12/06/2025

MoF graduates Emirati cadres specialised programmes in financial sustainability, accounting

The Ministry of Finance (MoF) has organised a graduation ceremony for a group of federal government employees who successfully completed a series of specialised programmes and diplomas in financial …

Posted on 12/06/2025

UAE gives firms until July 1 to hire Emiratis or face fines

The UAE has given companies until the end of this month to hire Emiratis or face fines. The Ministry of Human Resources and Emiratisation (MoHRE) renewed its call to private sector companies employing …

Posted on 12/06/2025

Dubai Investments renews liquidity provider agreement with xCube

Dubai Investments continues to pursue strategic initiatives that enhance shareholder value and market performance …

Posted on 12/06/2025

Ministry of Finance Graduates Emirati Cadres specialised programmes in financial sustainability and accounting

In line with its strategic vision to develop national talent capable of leading the future of public financial management …

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