Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), hosted the CEOs of the UAE banks to discuss advancements in consumer protection, financial crime supervision and wide-ranging …
UAE prince and Hong Kong, Xi’s policy shift, Singapore ‘Asia’s happiest country’ again: SCMP’s 7 highlights of the week
From a Dubai prince postponing his Hong Kong family office to Singapore being Asia’s happiest country, here are a few highlights from SCMP’s recent reporting We have selected seven stories from this …
First Abu Dhabi Bank marks largest Ramadan Aftir campaign
Abu Dhabi: First Abu Dhabi Bank (FAB)’s Ramadan Aftir campaign has distributed more than 30,000 meals to families across the UAE in the first 17 days of the Holy Month, marking the bank’s most …
With a spoonful of sugar, Pakistan’s Lals forays into Dubai
DUBAI: As Pakistani chocolate brand Lals forays into the UAE market, it has come full circle. Back in 2007 when …
Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny
MOSCOW: Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, …
Dubai’s glitz starts to dim for Russians
Dubai became a hot favourite with Russians looking to park money or build new lives after President Vladimir Putin’s invasion of Ukraine.
Commercial Bank of Dubai joins Dubai FinTech Summit as strategic banking partner
Commercial Bank of Dubai (CBD) has joined the Dubai FinTech Summit (DFS), organised by Dubai International Financial Centre (DIFC), the leading global Financial Centre in the MEASA region, as a …
Dubai Electricity and Water Authority PJSC shareholders approve payment of AED 3.1bln in dividends
Record date for dividends is set for 8 April 2024 with distributions intended to occur thereafter …
Fitze and Dubai Islamic Bank partner to convert steps into charity This Ramadan
Fitze, a fitness rewards app that rewards people for walking, and Dubai Islamic Bank (DIB), a trailblazer in the financial sector of the UAE have joined forces to introduce a groundbreaking initiative …
Gllit launches groundbreaking property search platform in Dubai
Gllit is the first Dubai-based proptech startup committed to making real estate transactions affordable with its commission-free platform. By enabling direct connections between property buyers, …
Where to find the UAE’s best car deals this Ramadan
Ramadan has long been regarded as one of the best times of the year to buy a new car, driven by bargain-hunting consumers looking for the best deals to save money on a new set of wheels. New and used …
Dubai Loses Allure For Russians On Costs, US Sanctions Pressure
Still, Russian entities setting up bank accounts are now more likely to face scrutiny from local banks as the UAE comes under increased US pressure to tackle potential sanctions evasion, according to …
Dubai Sheikh Abruptly Halts Plans for Hong Kong Family Office
An investor who says he’s a relative of Dubai’s ruling family has abruptly delayed plans to open a family office in Hong Kong just days after making a pledge to expand in the Asian financial hub.
China, Türkiye, UAE banking scrutiny hampers Russia’s oil payments
Russian oil companies are encountering significant delays in receiving payments for their crude oil and fuel shipments due to heightened scrutiny by …
Intellistocks Clinches Best Wealth Manager Title for UAE from World Finance Award-UK for Second Consecutive Year
Intellistocks, a premier global financial advisory firm, is honoured to announce its consecutive win as the ‘Best Wealth Manager for the UAE’ at the prestigious World Finance Award-UK for the year …
Dubai real estate: Should I sell my property in 2024? Experts weigh in
As Dubai’s booming luxury property market hits new highs, property experts advise both sellers and buyers to strategically time their moves for maximum gains based on location, condition, and investme …
Dubai considers IPO for ALEC amidst property boom: Reports
The potential IPO of ALEC comes amidst a robust property market in Dubai, driven by strong demand for both commercial and residential real estate. As deliberations continue, market observers eagerly …