There is a need for new Salik gates from a traffic management perspective as the toll gates play a major role in the management of the city’s traffic, Ibrahim Al Haddad, CEO of Salik Company, told …
Which UAE jobs received the biggest salary increases in 2023?
UAE salaries for professional services roles increased by an average of 2 per cent in 2023 as an influx of talent to the region and more competition for roles shifted the market in favour of employers …
Positive outlook for MENA IPOs going into 2024, reveals EY report
A new report from consultancy firm EY reflects a positive outlook for the Middle East and Africa (MENA) IPO market in Q4 and 2024. According to the EY MENA IPO Eye Q3 2023 report, MENA markets saw six …
Dubai’s ascent to fintech, Web3 and AI dominance
While Hong Kong and Singapore compete for the top spot, Dubai is already shaping the future of fintech and Web3, writes Mohammad Alblooshi, chief executive officer of the DIFC Innovation Hub.
BIT2023: Banking, fintech co-create larger ecosystem, build strong foundation
Get ready to be acquainted with the Who’s who of banking and fintech fraternity of the UAE over two consecutive days next week on November15 and November 16. Khaleej Times is all set to bring in the …
Hedge & Sachs demonstrates resolute global commitment to AIF regulations
Hedge & Sachs maintains a unique position to assist investors in navigating the intricate regulatory web within the dynamic AIF landscape. The firm’s tailored investment strategies empower clients to …
For a sustainable future: Dubai Islamic Bank empowers youth financial literacy
DIB’s commitment to empowering the youth in the field of finance is underscored by this groundbreaking event, which is the first of its kind …
Dubai Approves General Budget for 24/26 Fiscal Cycle with $67 Bn in Expenditures
UAE Vice President and Prime Minister and Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum, approved Dubai’s general budget for the fiscal cycle of 2024-2026, with total expenditures of $67.1 billion …
Dubai’s free zones authority launches Dh500m venture capital fund for fintechs
Promoted by Dubai Integrated Economic Zones Authority, VC fund will target fintechs The dh500 million fund comes into play as Dubai and the UAE consolidate their credentials as a startup hub …
Citigroup Resumes Work on Investcorp Capital’s Abu Dhabi IPO
Citigroup Inc. has returned to working on Investcorp Capital Plc’s initial public offering in Abu Dhabi, after it earlier had to stop that work because it couldn’t get internal approval to participate …
Dubai ruler approves 246.6 billion dirham budget for 2024-2026
“The Department of Finance expects to achieve an operating surplus of up to 3.3% of Dubai’s GDP, during the 2024-2026 financial plan, in order to establish the foundations of the emirate’s financial …
Sheikh Mohammed approves Dubai’s 2024-2026 budget of Dh246.6 billion
He also gave green light to law regarding the general budget of the Dubai Government for 2024 with expenditures of Dh79.1 billion …
XRP Soars 20% on SEC Settlement Hopes, Ripple IPO Buzz Grows
XRP Ledger’s market value surpasses $0.68, hitting a three-month high amid a surge against BTC. Anticipation builds around Ripple’s potential IPO following regulatory approval from Dubai.
AAFAQ Islamic Finance PJSC and Al Ansari Exchange join forces to elevate customer convenience
The agreement was signed by Hisham Hammoud, Chief Executive Officer, Aafaq Islamic Finance and Mohammad Bitar, Deputy CEO of Al Ansari Exchange under the umbrella of The Deals Hub, a Dubai Chambers …
Mobilising finance for climate projects in the Arab world
Climate change in the Arab world is already rapidly unfolding. Soaring heat waves, extended droughts, more intense sandstorms and floods, and rising sea levels are all exacerbating the existing challe …
Real-World Asset Tokenization MVP Pre-Launch By Opu-Lencex In Dubai
Dubai, UAE, 6th November 2023, ZEX PR WIRE , OpulenceX is thrilled to announce the highly-anticipated pre-launch event of their Real-World Asset Tokenization Platform. This groundbreaking development …
UAE bank launches no-fee instant loans via app
Instant personal loans in the UAE. The digital bank offers personal loans with an interest rate of 8.99 per cent per annum and flexible payment terms of 12 to 48 months. To be eli …