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Category: FINANCE

Posted on 03/02/2025

Keyper partners with First Abu Dhabi Bank and Dubai First to transform rent payments

In an exciting partnership that sets a new benchmark in the UAE rental market, Keyper has joined forces with the First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and …

Posted on 02/02/2025

How a shady hustler in Dubai turned celebrity meme coins into a crypto grift

Based on internet jokes, cutesy animals, and pop culture fads, meme coins have been in circulation for over a decade. While the tokens have no value as currency, their price can soar upon release, as …

Posted on 02/02/2025

UAE: Can banks close customers’ accounts after multiple bounced cheques?

All banks at the time of entering a contract are obliged to inform their customers in writing the consequences of returned cheques …

Posted on 02/02/2025

In two years, cryptocurrency could become part of everyday life in the UAE, says leading Crypto.com official

Eighth edition of the Sharjah Entrepreneurship Festival hosted talks by renowned futurists and cryptocurrency leaders on the first day …

Posted on 02/02/2025

New UAE insurance rules: Direct payments, claim payouts start February 15

From February 15, insurance customers in the UAE will have to make direct payments to insurers instead of going through brokers as new industry .Under the Central Bank of the UAE (CBUAE) regulations, …

Posted on 01/02/2025

UAE mega projects, sustainability boost bonds, sukuk issuances

The UAE is witnessing rapid growth in its mega projects, spanning vital sectors such as infrastructure, renewable energy, and real estate development, in line with a strategic vision that places …

Posted on 01/02/2025

World Bank cloud computing working group meeting reinforces Dubai’s ambition to drive digital innovation and strengthen cybersecurity

The working group’s meetings and workshops played a key role in shaping a global strategy for cloud computing applications over the next five years …

Posted on 01/02/2025

Indonesia, UAE seek to strengthen economic partnership

Indonesian Finance Minister Sri Mulyani Indrawati and Minister of Energy and Infrastructure of the United Arab Emirates (UAE) Suhail Mohamed Al Mazrouei …

Posted on 31/01/2025

Dubai Financial Market achieves total revenues of $172mln in 2024

DUBAI: Dubai Financial Market Company today announced its consolidated results for the fiscal year ending on 31st December 2024, highlighting a 24 percent increase in net profit (pre-tax) to AED409.3 …

Posted on 31/01/2025

Mashreq Bank lifts Dubai, Abu Dhabi edges up

Stock markets in the United Arab Emirates closed higher on Friday, with Dubai leading the charge, driven by gains in banking stocks.

Posted on 31/01/2025

Middle East’s 1st Blue Bond lists on Nasdaq Dubai by DP World under $10bln programme

UAE: Nasdaq Dubai has welcomed the Middle East and North Africa’s first corporate Blue Bond listing, of a $100 million by DP World, according to a press release. The listing comes under DP World’s $10 …

Posted on 31/01/2025

Dubai’s Fintech Galaxy to test open banking in Jordan

Dubai-headquartered Fintech Galaxy has become the first open banking company to receive regulatory approval in Jordan.

Posted on 31/01/2025

Dubai Financial Market hit $247bn in 2024 as 138,00 new investors added

Dubai Financial Market Company has announced its consolidated results for the fiscal year ending on December 41, 2024, highlighting a 24 per cent increase in net profit (pre-tax) to AED409.3m ($111.4m …

Posted on 31/01/2025

Dubai Financial Market achieves total revenues of AED632.3 million in 2024

Dubai Financial Market Company today announced its consolidated results for the fiscal year ending on 31st December 2024, highlighting a 24 percent increase in net profit (pre-tax) to AED409.3 million …

Posted on 30/01/2025

Nasdaq Dubai welcomes Middle East’s first $100 million Blue Bond listing by DP World

Nasdaq Dubai welcomed Middle East and North Africa’s first corporate Blue Bond listing of US$100 million by DP World, a leading provider of global end-to-end supply chain solutions.Issued under DP …

Posted on 30/01/2025

Maktoum Bin Mohammed discusses boosting UAE’s financial sustainability

His Highness Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, chaired a meeting …

Posted on 30/01/2025

DFSA co-leads report on AI’s impact in financial services

The report, prepared alongside UK’s FCA, provides key insights on the use of consumer-facing AI in global financial services …

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