In 2022, 25% of the UAE’s financial wealth came from Ultra High Net Worth individuals worth more than USD 100 million …
National Bank of Fujairah partners with Living Business to provide sustainability guidance to businesses
Dubai – National Bank of Fujairah (NBF) has announced a new partnership with Living Business, designed to provide comprehensive sustainability coaching services to business customers.
UAE’s financial wealth set to reach $1.3trln by 2027 – BCG
Bonds are expected to grow the fastest with a CAGR of 8.4% between 2022 and 2027, according to Boston Consulting Group (BCG) …
Emirates Development Bank launches series of forums to foster collaboration, support national economic growth
Emirates Development Bank (“EDB” or “the Bank”), in collaboration with Make it in the Emirates initiative by the Ministry of Industry and Advanced Technology (MoIAT), today hosted EDB Connect – Dubai …
Abu Dhabi Islamic Bank launches electric vehicle finance programme
UAE – Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched its Electric Vehicle Finance program “VOLT”, coinciding with World EV Day. In line with ADIB’s commitment to …
Ac Holding Dubai (Hayvn) Receives Initial Approval From Vara
AC Holding Limited Dubai, trading as HAYVN, a digital asset-focused financial institution delivering Trading, Custody, Asset Management and Resea …
ICEBERG Financial Unveils New Concierge Office in Dubai
Dubai, United Arab Emirates–(Newsfile Corp. – September 11, 2023) – In its relentless pursuit of excellence and commitment to enhancing client service, ICEBERG Financial is proud to announce the …
LuLu to launch IPO in 2024 first-half
LuLu Group International, a leading global hypermarket chain and mall operator, expects to launch its initial public offering (IPO) in the first half of 20..
COP28 UAE TechSprint initiative floated to combat climate change
The Central Bank of the UAE (CBUAE), the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF) and the COP28 Presidency have launched the COP28 UAE TechSprint, a global …
UAE’s LuLu Group plans to launch IPO in the first half of 2024
Abu Dhabi’s LuLu Group International is planning to launch an initial public offering in the first half of next year and list its shares on the Abu Dhabi Securities Exchange, the region’s …
Emirates NBD boosts UAE SMEs with 34% lending boost
Emirates NBD has increased lending support to SMEs in the UAE. The banking group has reported a 34 per cent increase in lending facilities towards SMEs compared to the previous year. Emirates NBD has …
Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf – chairman
NEW DELHI (Reuters) -Hypermarket chain and mall operator Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday, adding …
$26 million Infinite Blue diamond to be displayed in Dubai
The Infinite Blue diamond is coming to Sotheby’s Dubai ahead of its auction in Hong Kong. As part of its world tour before its sale on October 5, this remarkable stone will be on display for one day …
UAE SME sector gets a boost as Emirates NBD Business Banking reports 34% increase in lending facilities towards SMEs
Dubai, UAE: In line with the focus of boosting SMEs and the national economy, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region reports a 34% increase …
RAKBANK cooperates with UnionPay to drive contactless mobile payments in UAE
RAKBANK and UnionPay International have announced their cooperation to drive contactless mobile payments in UAE. RAKBANK has enabled all …
The Central Bank of the UAE teams up with the Bank for International Settlements and the COP28 Presidency
The Central Bank of the UAE (CBUAE), the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF) and the COP28 Presidency have launched the COP28 UAE TechSprint, a global …
Forgotten your bank card? Here’s how to withdraw cash in Dubai anyway
The easiest ways to get your cash in Dubai, even when you’ve forgotten your bank card. Just use your phone for a quick cash withdrawal …