The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share through an accelerated bookbuilding …
UAE calls on financial influencers to obtain licence
To apply to become an Authorised Finfluencer recognised by the SCA in the UAE, or to report non-compliant practices, the SCA advises contacting it through its website or call the toll-free number 800 …
UAE grants music management licence as streaming market tipped to hit $2.3bn
The UAE Ministry of Economy granted its second collective music management licence to Music Nation during a ceremony held at its headquarters in Dubai. The licence authorises the organisation to …
Nisus Finance signs MoU with Toyow to tokenise up to $500mln in real estate assets
The MoU will see Nisus Finance issuing a Security Token Offering (STO) of its real estate assets under management worth up to US$500 million …
Central Bank of the UAE marks 50 years of financial stewardship and innovation
Celebrating 50 years of financial innovation and stability, the UAE Central Bank continues to drive global financial leadership.
CBUAE: A future-ready central bank set to drive digital transformation
Leading digital and Islamic finance innovations, enhancing regulatory frameworks, and promoting financial inclusion for sustainable growth.
UAB congratulates the Central Bank of the UAE on its 50th anniversary
Shirish Bhide, Chief Executive Officer of United Arab Bank (UAB), extended his warmest congratulations to Sheikh Mansour bin Zayed Al Nahyan, Vice-President, Deputy Prime Minister, Chairman of the …
94% of UAE businesses confident of upside amid tariff turbulence, outpacing global sentiment: HSBC survey
Businesses in the UAE remain highly confident in their international trade prospects, with 94% saying they expect to grow cross-border trade in the near future. Despite ongoing uncertainty and cost …
GCC equity markets ease into Eid break after Dubai Residential REIT, Saudi UCIC IPOs
The upcoming listings of budget carrier Flynas and Specialized Medical Company could uplift a market weighed down by United Carton’s muted debut in Saudi Arabia …
UAE economic outlook remains bullish despite global volatility
Despite global economic volatility, the UAE maintains a strong economic outlook, analysts say. This is primarily driven by rising energy production, a robust tourism sector (Dubai welcomed 19 million …
UAE’s biggest bank FAB seeks to raise $480mln from secondary offering
The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of $4.22 per share through an accelerated bookbuilding …
Dubai expects to shine in times of volatility due to stability, talent attraction
DUBAI] Towering skyscrapers, luxury megamalls, and sprawling beach resorts. Dubai has consistently been one of the top cities for expat migration, and it is showing no signs of slowing down. Read more …
UAE stock exchange benchmarks extend winning streak in May
According to a report by Kamco Invest, the DFM General Index rose 3.3 per cent in May, closing at 5,480.5 points — ranking second among GCC peers. This brought its year-to-date gain to 6.2 per cent.
UAE participates in Ministerial Meeting of GCC Financial and Economic Cooperation Committee
The UAE has taken part in the 123rd Ministerial Meeting of the Gulf Cooperation Council (GCC) Financial and Economic Cooperation Committee, held today in Kuwait, bringing together the Ministers of …
New Fatwa initiative ushers in new era for $5 trillion Islamic finance
Announced on May 29 in Dubai, the development promises to reshape the fast-growing Islamic finance sector, blending time-honoured ethical principles with cutting-edge technology …
Lord Mayor of London expects UK-UAE economic and investment ties to strengthen further
Alastair King, the Lord Mayor of London, is expecting economic relations between the UK and the UAE to strengthen further, with a focus on co-operation and investments in important industrial and …
72% of UAE banking customers prefer mobile apps: ADL survey
A new survey by Arthur D. Little (ADL) with 24 UAE banks, revealed that customers are increasingly demanding seamless, omnichannel banking experiences, …