The recent economic performance of the UAE has surpassed expectations despite rising global and regional uncertainty. This is testament to the country’s economic resilience as it continues to push for …
Sustainable finance key component of UAE’s economic future – Minister of Economy
Abdullah bin Touq Al Marri cited green finance, investing in new economies and carbon trading as components shaping the economic future of the emirates …
Fintech propels Islamic banking to $4trln
Islamic finance is an integral part of the Islamic economic system, encompassing economic relations adhering to Islamic law regarding fund distribution and utilization. Originally emerging in rural …
JPMorgan to expand payments, corporate banking services in Abu Dhabi
JPMorgan said on Monday it is expanding its payments and corporate banking businesses in Abu Dhabi, the capital of the United Arab Emirates (UAE), after getting a nod from regulators. The UAE is vying …
Dubai to host Freedom Business Summit in December
Emirate to host landmark event, attracting 300+ attendees and international investors, as it aims to become the Go-To Hub for Global Citizenship and Business Freedom …
Emirates Development Bank commits AED 1.3 billion finance under IRENA’s Energy Transition Accelerator Financing Platform
Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, has committed up to AE …
Shaping Tomorrow’s Finance: ICAP GCC Finance Summit 2023 Sparks Insights and Innovation in Dubai
The first GCC Finance Summit opens tomorrow, Monday 28 November, at Le Méridien Dubai Hotel & Conference Centre, Dubai. Under the theme ‘Enabling for Future: Technology & Sustainability’. This …
Al Maryah Community Bank (Mbank, UAE) selects Facephi for onboarding and facial authentication expansion
The advanced identity verification techniques using machine learning algorithms and digital behaviour will be instrumental to analyse, detect and prevent fraudulent activities proactively …
UAE-Philippines bilateral non-oil trade up 19.4% Y-o-Y in H1 2023 to reach $500mln
UAE – Ahmed bin Ali Al Sayegh, UAE Minister of State, and Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, have led a high-level UAE delegation to Manila, Philippines, to …
UAE All Set to Host COP28 From November 30 Onwards | All About UN Climate Summit
As UAE prepares for the summit, the Arab nation is expected to host the largest summit in COP history. UAE is expecting over seventy thousand attendees ranging from government officials, business and …
UAE IPOs surge through 2023 as investor optimism rises
The IPO subscription period has begun and is expected to close on November 28, 2023, for UAE retail investors and on November 29, 2023, for qualified investors. The final offer price will be …
Dubai builds stake in future with groundbreaking ideas and fast-track qualitative change
On any development parameter, Dubai is heavily invested in the future. True to its futuristic credo, the Dubai 2040 Urban Master Plan spells out the emirate’s vision for sustainable urban development, …
Fintech: Dubai 10X Initiative Propels City a Decade Ahead in Innovation
Dubai’s ambitious journey towards becoming a global leader in innovation and sustainability is gaining momentum, as highlighted by the emirate’s …
UAE-Philippines bilateral non-oil trade up 19.4% Y-o-Y in H1 2023 to reach $500 million
Ahmed bin Ali Al Sayegh, UAE Minister of State, and Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, have led a high-level UAE delegation to Manila, Philippines, to explore …
Abu Dhabi Finance Week to kick off with energy transition investment in focus
Abu Dhabi Finance Week will kick off on Monday at The Abu Dhabi Global Market with “investing in the transition era” in focus as countries continue to boost investments in cutting emissions and …
Dubai listed firms buck regional trends
Dubai’s listed companies bucked the regional trend in the wider Gulf Cooperation Council, with a 35.8 per cent year-on-year growth in third-quarter profits..
‘Standing by our brothers in Gaza’: Dubai billionaire donates ambulances for injured Palestinians
In a heartfelt gesture of solidarity and humanitarian aid, Dubai billionaire Khalaf Ahmad Al Habtoor, the founder and chairman of Al Habtoor Group, has ann..