The Central Bank of the United Arab Emirates (CBUAE) has taken strong action against a money exchange company. This company was found to be breaking important rules that help stop money laundering and …
Billionaire Guts Media Firm Weeks After Glitzy Dubai Launch
It was meant to be the last hurrah of a billionaire’s near five decades of deal-making — and a second shot at success in the media business. Naguib Sawiris, who’d built a $8.4 billion fortune in some …
Are cars really melting in the Dubai heat? Here’s the truth behind the rumours
Dubai summers can be challenging but can the heat ever get so intense that it can melt cars? Recently, a reel making waves on platforms like Instagram and Facebook, posted by accounts such as Dubai – …
Dubai’s RDI Grant Initiative returns to fund groundbreaking research
Launched by His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum in 2024 with the aim to fund bold, future-oriented research projects in Dubai …
Nisus Finance signs MoU with Toyow to tokenise up to $500mln in real estate assets
The MoU will see Nisus Finance issuing a Security Token Offering (STO) of its real estate assets under management worth up to US$500 million …
Central Bank of the UAE marks 50 years of financial stewardship and innovation
Celebrating 50 years of financial innovation and stability, the UAE Central Bank continues to drive global financial leadership.
CBUAE: A future-ready central bank set to drive digital transformation
Leading digital and Islamic finance innovations, enhancing regulatory frameworks, and promoting financial inclusion for sustainable growth.
UAB congratulates the Central Bank of the UAE on its 50th anniversary
Shirish Bhide, Chief Executive Officer of United Arab Bank (UAB), extended his warmest congratulations to Sheikh Mansour bin Zayed Al Nahyan, Vice-President, Deputy Prime Minister, Chairman of the …
94% of UAE businesses confident of upside amid tariff turbulence, outpacing global sentiment: HSBC survey
Businesses in the UAE remain highly confident in their international trade prospects, with 94% saying they expect to grow cross-border trade in the near future. Despite ongoing uncertainty and cost …
Where the fintech sector is headed next: QED-BCG Global Fintech Report 2025
Fintech may still be a small slice of global finance, but it’s scaling fast. A new report reveals five big trends—from smarter AI to rising onchain finance—that are reshaping the landscape. With …
BitOasis Bahrain to operate under Crypto-Asset Services License from Central Bank of Bahrain
BitOasis, a CoinDCX group company, is the regional cryptocurrency trading platform in the Middle East and North Africa. Headquartered in Dubai and established in 2016, BitOasis is a pioneer of the …
Trust Wallet Launches Buy+, Powered by Binance Connect, to Simplify Crypto Access
Users can buy tokens on BNB Chain, Base and Solana directly with cards, local currency and more – all without leaving the Trust Wallet app. DUBAI, UAE — June 2, …
5 of the best restaurants in Dubai this week: June 2 to 5
Catch-ups need carbs… If your week revolves around where to eat next, you’re in the right city. From limited-edition menus to daily set lunches and a few solid reasons not to cook – here are 5 of the …
NYU Abu Dhabi researchers develop paper-based diagnostic tool for infectious disease detection
A team of scientists at NYU Abu Dhabi has developed a breakthrough paper-based diagnostic device that can detect COVID-19 and other infectious diseases in under 10 minutes, without the need for …
Security and checkout friction remain top concerns for UAE online shoppers
Despite the rapid growth of eCommerce and significant strides in advancing the UAE’s digital economy, the report highlights that retailers still have room to improve the online checkout experience …
Eid Al Adha: Some UAE hotels hit 100% occupancy amid Schengen, US visa delays
Hotels across the UAE are experiencing a surge in bookings ahead of the Eid Al Adha holidays, with many properties reporting full or near-full occupancy. This uptick is largely driven by residents …
Dar Unveils Fahid Island: Abu Dhabi’s First Coastal Wellness Destination, With Over Aed 40 Billion in Development Value
Aldar today unveiled the masterplan for Abu Dhabi’s next iconic island destination, Fahid Island, which has an 11km coastline and a gross development va …