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Category: FINANCE

Posted on 07/08/2025

AMBIPAR and Ajman Bank forge strategic partnership toward a joint sustainability journey

Sustainability Centre of Excellence: Ajman Bank’s Sustainability Centre of Excellence (SCoE) will pursue partnership with Ambipar to improve its capacity to to empower corporate clients to align their …

Posted on 07/08/2025

UAE residents warned not to use credit cards for property deposits

Using a credit card to cover part of a property down payment in the UAE is quite common but comes with risks, experts warn. The issue is in focus after Indian property buyers in Dubai reportedly faced …

Posted on 07/08/2025

Citi appoints Tahany Taher as UAE Treasury and Trade Solutions Head & Corporate, Commercial & Public Sector Sales Head

Dubai – Citi is pleased to announce the appointment of Tahany Taher as the new UAE Treasury and Treasury Solutions (TTS) & Corporate, Commercial & Public Sector Sales (CCPS) Head, reporting to the …

Posted on 06/08/2025

UAE Central Bank imposes Dhs600,000 fine on a financial company

The Central Bank of the UAE (CBUAE) imposed a financial sanction of amount Dhs600,000 on a finance company, pursuant to Article (137) of the Decretal …

Posted on 06/08/2025

Dubai Islamic Bank surpasses $100b in assets on strong H1 growth

Dubai Islamic Bank (DIB) delivered another strong performance in the first half of 2025, achieving a 16 per cent year‑on‑year rise in pre‑tax profit to Dh4.3 billion as operating revenue climbed to …

Posted on 06/08/2025

CBUAE imposes financial sanction on finance company

The Central Bank of the UAE (CBUAE) imposed a financial sanction of amount AED600,000 on a finance company, pursuant to Article (137) of the Decretal Federal Law No. (14) of 2018 regarding the Central …

Posted on 06/08/2025

Tally Solutions launches FinTAXtic1000 to upskill 1,000 finance professionals in the UAE

UAE – Tally Solutions, a leading international business management software provider, recently hosted the first edition of FinTAXtic1000, an upskilling initiative to train 1,000 finance professionals …

Posted on 06/08/2025

UAE Central Bank imposes Dh600,000 fine on a finance company

Investigations revealed that the company failed to comply with the market conduct and consumer protection regulations …

Posted on 06/08/2025

Al Maryah Community Bank partners with Al Fardan Exchange to expand account deposit services

This initiative reflects Mbank’s continued commitment to making banking services more accessible and user-friendly for everyone in the UAE …

Posted on 06/08/2025

Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO – MSN

Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in a deal that will rank as one of the region’s biggest of the year.

Posted on 06/08/2025

Parkin To Introduce Smart, Community-Centric Parking Solutions To Enhance Mobility Across Key Communities In Dubai

Dubai Holding is a diversified global investment company with investments in more than 30 countries and a combined workforce of more than 45,000 people. Established in 2004, Dubai Holding touches the …

Posted on 06/08/2025

Rokos’ Hedge Fund to Open Abu Dhabi Office in Mideast Push

Chris Rokos’ $22 billion hedge fund is planning to open an office in Abu Dhabi next year, joining the rush of money managers setting up outposts in the region.

Posted on 06/08/2025

Open bankingplatform Tarabut gets in-principle nod from UAE central bank

The platform’s technology facilitates the use of customer-permissioned financial data by regulated financial institutions.

Posted on 05/08/2025

Invest Africa and UAE to Host Africa Debate 2025, Driving UAE–Africa Ties

With investments exceeding $110 billion between 2019 and 2023, the UAE has emerged as Africa’s largest foreign investor, with $72 billion alone committed to renewable energy projects.

Posted on 05/08/2025

Inveniam and MANTRA partner to develop real-world asset ecosystem in UAE and US

Inveniam invests $20M in MANTRA to build a real-world asset ecosystem, boosting tokenized RWA solutions in the UAE and US.

Posted on 05/08/2025

Fintech Alaan Raises $48 Million to Equip MENA Finance Teams With AI Agents

With its proprietary AI-powered corporate cards, Alaan has saved more than 1.5 million hours for businesses and has supercharged finance teams looking for a technological edge in saving time and money …

Posted on 05/08/2025

United Arab Emirates: Central Bank Seeks to Reassure Markets

Amid booming property markets and mounting global uncertainties, the UAE Central Bank is seeking to calm nerves. Its latest Financial Stability Report shows banks are flush with liquidity and …

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