Dubai contractor Alec Holdings has set the price range for its initial public offering (IPO), raising between AED1.35 billion and AED1.40 billion ($367.6- 381.2 million) from its potential listing on …
Invest Bank’s new personal loan offers six-month grace period
The newly launched “No pressure. Repay next year” personal loan provides a smarter, stress-free way to borrow for urgent financial needs, such as emergencies, home improvements, or education, with …
UAE enters agreement to join the global Crypto-Asset Reporting Framework (CARF)
The UAE has signed a Multilateral Competent Authority Agreement (MCAA) to join the global Crypto-Asset Reporting Framework (CARF).
UAE surges as a global investor as Saudi spigot slows: Report
Saudi now attracts more capital than it exports, while the UAE has emerged as a massive outward investor, a McKinsey report found.
UAE: Gross banks’ assets up 1% in July 2025
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.3%, from AED1,026.2 billion at the end of June 2025 to AED1,029.5 billion at the end of July 2025. The …
UAE developer Binghatti Holding mandates banks for USD Reg S long 3-year green sukuk
The sukuk offering will come under Binghatti Sukuk 2 SPV Limited’s $1.5 billion Trust Certificate Issuance Programme …
HSBC opens first Middle East wealth hub in Dubai to tap booming UAE investment market
The investment in the 24,000 sq ft wealth hub is the bank’s largest in the last 20 years in the premier banking segment, HSBC UAE CEO says.
Dubai’s DIEZ trade hit record $91.5bn in 2024, up 19 per cent
Dubai’s DIEZ posted record $91.5bn trade in 2024, up 19 per cent, with non-oil share at 13.7 per cent. Growth driven by key sectors and Dubai’s D33 agenda …
Dubai real estate: Proptech firm Holo offers $136,000 prize to homebuyers
Dubai proptech platform Holo has launched one of the country’s biggest homebuyer promotions, offering AED 500,000 ($136,000) towards an off-plan property as the emirate’s real estate market records …
Dubai is balancing on a property price knife-edge
These days $1m (£732,800) doesn’t go far in London or New York’s property market. Just 366 sq ft of luxury living space on average can be yours in either city for that money, according to estate agent …
UAE signs Multilateral Competent Authority Agreement on the Automatic Exchange of Information
Abu Dhabi: The Ministry of Finance has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF), following its …
QNB Group, Standard Chartered and DMZ Finance launch DIFC’s ‘first’ tokenised money market fun
QNB Group, Standard Chartered and DMZ Finance jointly announced that the Dubai International Financial Centre’s (DIFC) first regulated tokenised money market fund, the QCD …
UAE firms keen to invest in Indian banking, startups, logistics sectors: Piyush Goyal
The two countries have reset their targets and are actively working to increase investments rapidly in different sectors, and enhance collaborations in areas such as renewable energy, shipbuilding, …
How to open a Joint Bank Account in UAE: Rules, requirements, key info you need to know
Opening a joint bank account in the UAE requires meeting specific eligibility criteria, submitting essential documents, and understanding shared financial responsibilities. This guide explains who can …
UAE Firms Eye Indian Infra, Banking & Startups
UAE companies keen to invest in Indian infrastructure, banking, startups, and logistics sectors. Goyal highlights investment potential.
UAE expands AI footprint with Serbia data center deal
Serbia is the latest pin on the map in the UAE’s push for a global AI footprint. Technology group e& enterprise, which counts sovereign wealth fund Emirates Investment Authority as its largest …
UAE’s Further Ventures pours $19M in hybrid DEX GRVT
UAE Further ventures invests $19 million in decentralized exchange Grvt. The invest firm had previously invested $5 million in Grvt earlier this year.