Emirates NBD , Dubai’s biggest bank by assets, beat first-quarter profit estimates on Tuesday, supported by strong growth in loans and interest income, and said its total assets had surpassed the 1 …
Huspy launches GCC’s first AI-powered mortgage chatbot
Huspy, the UAE’s leading homebuying technology platform headquartered in Dubai, has launched the GCC’s first AI-powered mortgage chatbot on WhatsApp at the Dubai AI Week 2025.Huspy’s AI-powered …
ADCB rated the strongest banking brand in the UAE for the 2nd consecutive year
In the same report, Brand Finance also measures the contribution that CEOs make as “guardians” of the value of their brands. ADCB Group CEO Ala’a Eraiqat was ranked among them top banking sector CEOs …
Huspy launches the GCC’s first AI-powered mortgage chatbot to transform home financing, Huspy.Ai
Huspy.ai underscores the company’s commitment to pioneer homegrown technology solutions to transform two of the most important economic sectors – real estate and financing. The UAE’s AI market is …
Dubai real estate market grows 23% in Q1 2025 as villa sales lead surge: Report
Dubai’s residential real estate market maintained its growth trajectory in the first quarter of 2025, recording significant increases in both transaction volumes and values, according to new figures …
UBF’s AGM approves 2025 strategy to further develop banking sector
UAE Banks Federation (UBF) held its Annual General Meeting, under the chairmanship of Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation, and in the presence of members of the Board of Directors …
Dubai Investments plans IPO before year end, says CEO
Dubai Investments is preparing to sell shares in four subsidiaries to the public and may list one of them before the year end, its CEO Khalid bin Kalban has told AGBI. The government-backed company …
Allied Gold launches $80M IPO after nixing UAE investment
Allied Gold (TSX: AAUC, OTCQX: AAUCF) is raising C$80 million through a public offering to fund further engineering and growth initiatives at the Sadiola mine in Mali and its Côte D’Ivoire mine …
Goldman gathers rattled hedge fund tycoons in hunt for Mideast cash
The growing pot of money in the Middle East, which is looking increasingly attractive as US investors brace for recession risks.
UAE Central Bank imposes financial sanction on a bank
The UAE bank failed to comply with the Anti-money Laundering and Combating the Financing of Terrorism and Illegal Organisations policies and procedures …
UAE sanctions bank for failing to comply with anti-money laundering policies
The Central Bank of the UAE (CBUAE) has imposed a financial sanction on a bank operating in the country for failing to comply with policies and procedures related to anti-money laundering and …
Central Bank of UAE grants FUZE digital asset payments subsidiary a license
FUZE, a digital asset financial infrastructure provider, which offers global stablecoin payments, fiat payouts and collections, and embedded crypto services, has been granted a payments license from …
Central Bank imposes financial sanction on bank operating in UAE
The CBUAE works to ensure that all banks and their staff, abide by the UAE laws, regulations and standards adopted by the CBUAE …
‘Win for consumer rights’: UAE court rejects bank’s Dh1.3 million claim over missing guarantees
In a landmark decision that sets a powerful legal precedent, the Abu Dhabi Court of Cassation has dismissed a bank’s financial claim against a customer due to the absence of valid guarantees, …
Lulu IPO: UAE retailer to list 25% shares on ADX
In June, UAE-based hospital operator NMC Healthcare also appointed Rothschild as a financial adviser to help explore strategic options for its shareholders, including an IPO. Markets across the …
Villa market outshines as Dubai realty posts big Q1 sales surge
Dubai’s real estate market kicked off 2025 with remarkable vigour, driven by a 65 per cent surge in villa sales transactions and a 56 per cent increase in their value, according to a report by …
Dubai SME reaches huge milestones, reshapes entrepreneurial landscape
The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism …