Category: FINANCE

The Dubai Land Department (DLD) has unveiled a new initiative designed to ease the financial pressure on tenants by allowing rent payments in monthly instalments. The programme, titled Flexi Rent, was …

Rewa will integrate Spare’s Pay-by-bank payment solution, enabling tenants to pay rent directly from their bank accounts without cheques or manual transfers, simplifying rent collection, improving …

Rooted in its commitment to Shariah-compliant financial empowerment, the new campaign offers eligible customers expected profit rates of up to 6.60% p.a. during the campaign period …

The UAE E-Invoicing Readiness Index found that firms are entering a “developing” stage of readiness ahead of voluntary adoption starting July 1 …

The initiative is expected to help more individuals to get access to basic financial services through a virtual IBAN number …

Al Ansari Exchange positioned to support rollout, with the initiative expected to help more individuals to get access to basic financial services through a virtual IBAN number …

Notable IPOs have been delayed to post-summer due to the current weak market sentiment, including Saudi Arabia’s Arabian Dyar and Mutlaq Al Ghowairi and the UAE’s Dubai Investment Parks …

RAKBANK has launched a new banking and business support package aimed at female entrepreneurs across the UAE. The “She Means Business” package combines financial services, insurance, educational …

The UAE Federal Tax Authority is using AI to automate tax refunds, accelerate processing and improve services, with $1.01bn refunded to citizens …

He will manage the bank’s wealth vertical in the country, including Citigold, Citigold Private Client and credit cards.

Dubai, UAE — Mawarid Finance and Athar Finance have signed a strategic partnership agreement to develop and issue stablecoin-powered payment cards designed to bridge digital assets with everyday …

HSBC announced the launch of its Tokenised Deposit Service (TDS) in the United Arab Emirates, marking a significant expansion of its digital money capabilities to enable seamless, real-time funds …

In May, the UAE-based wealthtech platform Sarwa announced that it crossed US$1 billion in assets under management (AUM). Reached amid a period of regional uncertainty, the milestone is more than just …

Digital Dubai’s Dh31 billion contribution boosts the emirate’s rise to fifth globally, as strong trust, innovation and ease of doing business strengthen its global appeal …

Digital banking giant Revolut has secured regulatory approval to launch in the UAE, marking a significant step in its expansion across the Gulf and wider Middle East. The company said it has received …

Dubai Finance (DOF) announced the successful conclusion of the ‘Dubai Innovation and Financial Foresight Forum’, which brought together government …

UAE residents can now invest in government-backed Islamic Treasury Sukuk with a minimum of Dh1,000, thanks to the launch of the Sovereign Retail T-Sukuk programme. This Shariah-compliant product, …