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Emirates NBD helps secure $1bn for Dubai Metro’s $5.6bn Blue Line
Emirates NBD said Wednesday it has concluded AED 3.9bn ($1bn) Syndicated Bonding Facilities to a consortium that will deliver the new Dubai Metro ‘Blue Line’ Project.
Dubai’s Young Investor Program Expands: Shaping Future Financial Leaders
Dubai’s Knowledge Fund Establishment, in partnership with the National Bonds Corporation, has launched a new phase of the Young Investor Program. Targeting over 75,000 students across 50 private …
UAE Strengthens Global Finance Ties at G20 Meeting in Durban
The UAE, led by the Ministry of Finance, participated in the G20 Finance Ministers and Central Bank Governors Meeting in Durban. The discussions focused on global economic coordination, sustainable …
Kenya’s largest bank to open UAE office to attract Gulf wealth
Equity Group Holdings Plc, Kenya’s largest lender, plans to establish an office in the United Arab Emirates (UAE) in the fourth quarter of the year. ・Equity Group Holdings Plc plans to open a UAE …
UAE Central Bank fines foreign bank $163,000 for non-compliance
The branch had failed to meet the requirements set out in the Market Conduct and Consumer Protection Regulations and Standards.
United Arab Bank net profit up by 50% for the first half of 2025
Highlights: Net profit reported at AED 208 million for H1 2025 compared to AED 139 million for H1 2024; reflecting a YoY increase of 50%. Earnings per share rose to AED 0.
Dubai, Bali top picks for Indians in Jan-June; bookings for visa-easy destinations jump: OYO Report
Dubai, Bali and Bangkok topped the overseas travel preferences of Indians booking through the OYO app between January and June this year, with 65 per cent Year-on-Year growth in bookings for travel …
UAE launches 2027–2029 federal budget cycle to boost financial sustainability
The new cycle redefines federal budgeting as a strategic tool to drive national priorities, accelerate digital transformation, and support the UAE’s long-term vision through AI-powered, performance-ba …
UAE: Funding for small businesses remains a major issue
Fintech holds transformative potential for SME growth in the UAE — especially in a landscape where traditional financial systems often fall short.
UAE: The global hotspot for wealth, capital, and enterprise
Over the past decade, the UAE has transformed from a regional financial hub into a global epicenter for wealth, business, and innovation. As global economies shift, the UAE’s strategic positioning …
Mashreq launches NEO PLUS Saver account for salary and non-salary customers with UAE’s most rewarding savings interest rates
Mashreq has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access.
Dubai’s Strategic Rise: The Global Wealth Hub of Choice for UHNW Families
The recent Hubbis webinar, co – hosted with the (DET), brought together leading voices in private wealth management, legal structuring, and family office advisory to explore Dubai’s evolution as a …
Dubai first-time buyer scheme hopes to lure Brits, and keep them
A new first-time buyer scheme in Dubai will keep expats in the country for longer and is likely to help lure even more ambitious Brits …
Paymentology expands regional presence with new Dubai office
It will serve as a base for client delivery, partner engagement, and operations, and house an expanded team of local experts …
The UAE’s allure: Hedge funds follow talent to Dubai despite Mideast …
DUBAI is home to more than 75 hedge funds, up from 10 or so a decade ago. In late 2023 hedge fund veteran Danny Yong lost out on a coveted trader he was trying to hire. Not because this person …
Moroccan healthcare IPO wildly oversubscribed
Subscriptions for an initial public offering of Vicenne SA, a Moroccan healthcare group, exceeded the offer size by 64 times. The IPO, the first listing on the Casablanca Stock Exchange this year, …