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Category: FINANCE

Posted on 20/12/2023

CBUAE issues UAE Islamic Finance Report 2023

Abu Dhabi: The Central Bank of the UAE (CBUAE) has issued the UAE Islamic Finance Report 2023 which highlights the sustainable Islamic finance efforts of Islamic financial institutions (IFIs) across …

Posted on 20/12/2023

NWTN collaborates with Abu Dhabi Islamic Bank

NWTN and Abu Dhabi Islamic Bank will collaborate to enhance financing options in the electric vehicle market in the UAE …

Posted on 20/12/2023

Are You Considering a Job in the United Arab Emirates?

What are the top jobs in the United Arab Emirates?The top jobs in the United Arab Emirates (UAE) can vary based on industry demand, economic trends, and government priorities. However, certain sectors …

Posted on 20/12/2023

UAE mortgage platform Huspy records $270m in home financing

UAE-headquartered proptech startup Huspy which is redefining home buying in the Middle East & Europe, has announced that its mortgage unit in the UAE has processed a record AED1 billion+ ($270 million …

Posted on 20/12/2023

Investors and Visionaries Chart a Course for Success: VC Founders Yacht Cruise Returns to Dubai!

After the resounding success in Singapore, the VC Founders Yacht Cruise sets sail for an even grander affair in the dazzling city of Dubai! Scheduled for the 17th of April 2024, this year’s event will …

Posted on 20/12/2023

WTI Cabs files DRHP for launching NSE SME IPO. Details here about upcoming IPO

WTI Cabs aims to launch its NSE SME IPO in the month of January 2024 provided its gets SEBI’s nod as per its estimates …

Posted on 19/12/2023

Dubai property prices pass 2014 levels to reach all-time high, up 45% in three years; 130,000 transactions expected this year

The 394 bulk loans issued for the month were spread across several projects, most notably portfolio mortgage registrations in Siraj Tower (203) in Arjan, Rokane G22 (62) in Dubai’s Jumeriah Village …

Posted on 19/12/2023

UAE announces new law introducing authority to combat corruption and audit public finances

The UAE has announced a new authority to audit public finances and combat corruption in the country. President Sheikh Mohamed bin Zayed Al Nahyan has issued Federal Decree-Law No. (56) of 2023 on …

Posted on 19/12/2023

NWTN Collaborates with Abu Dhabi Islamic Bank for Innovative Auto Financing Solutions

NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), is proud to announce a …

Posted on 19/12/2023

The DFSA and the HKMA join efforts to accelerate sustainable finance across the Middle East and Asia

The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) announced today a partnership aimed at exploring how to furthe …

Posted on 19/12/2023

Dubai Islamic Bank Unveils ‘Nest’ – A Breakthrough in Green Living

In a move that underscores its commitment to sustainability and responsible banking, Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, toda …

Posted on 19/12/2023

Expat scam: Dubai residents targeted in new banking fraud

Some Dubai expats fell victim to a new banking fraud scheme which has drained accounts through unsolicited online purchases.

Posted on 19/12/2023

When interest rate cuts happen, Dubai homes will again turn affordable for mid-income buyers

As a result, properties will become more affordable in the US next year, and as the UAE Central Bank moves in step with the Fed, this will create greater affordability in the UAE. One of the concerns …

Posted on 19/12/2023

Indian rupee drops against UAE dirham, premiums dip on Fed push back

Asian currencies struggled after more Fed officials indicated that the market is probably ‘too optimistic’ in its rate cut expectations, experts say …

Posted on 19/12/2023

Dubai FinTech Summit 2024: Catalysing the MEASA Financial Ecosystem

The Dubai FinTech Summit is a strategic platform aligned with Dubai’s vision to become one of the top four global financial hubs by 2033.

Posted on 19/12/2023

UAE: Loans based on remittances, split rent payment app in Dubai soon?

Several firms exhibited their products at FinTech Accelerator Programme which showcased the accomplishments of this year’s shortlisted start-ups …

Posted on 18/12/2023

Dubai’s RTA reveals aspiring USD435B digital strategy for 2023-2030

Dubai’s Roads and Transport Authority (RTA) has unveiled a comprehensive digital strategy, spanning the period from 2023 to 2030, encompassing 82 pro …

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