The Dubai government-backed company was the first to launch an initial public offering (IPO) in the UAE this year, raising Dh1.6 billion …
Currency manager: Central Bank of the UAE
The UAE’s new polymer banknotes are printed in the UAE by Oumolat Security Printing, using De La Rue’s Safeguard polymer substrate, with the design managed by Crane Currency.
FinTech Moove secures $100m Series B funding round
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Ex-takeaway worker guilty of money laundering in £2bn bitcoin operation
Jian Wen became involved in a criminal racket converting cryptocurrency into assets including property and jewellery …
Former takeaway worker found with £3.4bn worth of Bitcoin convicted of money laundering
A former takeaway worker found with Bitcoin wallets worth more than £3 billion has been convicted of a crime linked to money laundering. Jian Wen, 42, was living in a flat above a Chinese restaurant …
CoinMENA FZE joins Network International to endorse crypto ecosystem
This strategic partnership will allow CoinMENA users to instantly deposit funds using cards directly to their wallet …
Coinbase Plans to Launch Futures Trading for Dogecoin, Lauds Memecoin’s Transition Over Years
Coinbase has outlined its plans to the US Commodity Futures Trading Commission (CFTC) through written letters.
Dubai’s Ramadan markets a veritable melting pot of local culture, cuisine and artisanal flair
Seasonal souks remain ever popular among families, friends, couples and individuals eager to discover local and regional traditions or simply go gift shopping …
Exclusive: Inside look at Nine Yards’ Sea La Vie project in Abu Dhabi
Nestled on Yas Island in Abu Dhabi, Sea La Vie represents the pinnacle of eco-friendly elegance, reimagining the future of luxury real estate in the UAE. Exclusive: Inside look at Nine Yards’ Sea La …
EXPLAINER: New UAE private sector health insurance rules, policies for workforce and wellbeing – All you need to know
The UAE government has issued a series of landmark decisions pertaining to private sector and domestic workers health insurance, labour rights, and more …
Minister: UAE’s Industrial Exports Have Grown by $19bl in 3 Years
UAE Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has said the UAE industrial exports have grown by more than 70 billion dirhams ($19 billion) in the last three years.
UAE Property: ‘Can a landlord re-let a unit after evicting tenant?’
Question: Can a landlord serve a 12-month eviction notice to a tenant through an email and not through a notary public, saying they plan to sell the property? If the person renting the property …
Dubai’s Parkin Jumps 31% on Debut After $429 Million IPO
Parkin Co. PJSC jumped as much as 31% in its Dubai debut after a $429 million initial public offering that received a record amount of demand.
Revealed: Top 4 child-friendly Dubai residential areas for families
Incidentally, these areas are the most preferred locations for property investors in the city because of their high rental demand …
Dubai-listed Amanat Holdings names new CEO
Dubai-listed Amanat Holdings has appointed John Ireland as its new CEO, effectively immediately, according to a disclosure on the Dubai Financial Market (DFM) on Wednesday. Ireland has been serving as …
No surprises as UAE central bank leaves rates at 5.40%
The UAE decision follows the US Federal Reserve’s decision on Wednesday to keep interest rates unchanged amid inflation having not adequately lowered …
UAE weather: Fog alert issued in Abu Dhabi amid poor visibility
A yellow weather alert was issued on Thursday morning after thick fog shrouded parts of Abu Dhabi and Al Ain. Abu Dhabi Police urged drivers to “exercise caution” in a notice on social media as fog …