Jayesh Jain, an Indian expat in Dubai, is only 33 but already owns two properties in Dubai and as many in his home country. With the aim of retiring aged 40, he hopes the investments he has made will …
Dubai’s crypto grand strategy aims to challenge Asian crown
Dubai’s crypto strategy uses tax-free real estate tokenization and Sharia-compliant finance, yet faces fragmented regulation, while Hong Kong commands geopolitical influence.
Emirates NBD becomes official banking partner of Coca-Cola Arena
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced a two-year collaboration with Coca-Cola Arena, the Middle East’s largest fully …
Dubai launches new permit giving 10,000 free zone firms access to mainland markets
Dubai unveils a new $1,361 permit allowing free zone firms to operate onshore, boosting cross-jurisdiction business by up to 20 per cent …
UAE startups: Emirates Development Bank unveils $136m boost for entrepreneurs
Emirates Development Bank launches a $136m funding drive to empower UAE startups and entrepreneurs under the “Startup Capital” campaign …
Emirates Development Bank launches financing solutions and support initiatives for startups
The campaign reinforces EDB’s commitment to serve not only as a financier of businesses, but as an active builder of entrepreneurs, aligned with the UAE’s national vision to become the Startup Capital …
Hedge Funds and Crypto Lure Gulf Heirs Set to Inherit $1 Trillion
In 2020, two young brothers at a 135-year-old Gulf merchant family approached one of its money-managers with an idea: bet on Bitcoin.
TON DLT Foundation among 19 VASPs fined by Dubai’s regulator
Dubai’s VARA has penalized 19 VASPs for carrying out unlicensed virtual asset activities and for breaches of VARA’s marketing regulations.
UAE Launches Ambitious Program to Train 10,000 Emirati Entrepreneurs
Initiative through DIFC’s Ignyte platform aims to build a new generation of innovators and drive economic diversification.
Dubai regulator fines TON DLT Foundation and 18 other VASPs
Dubai’s VARA has penalized 19 VASPs for carrying out unlicensed virtual asset activities and for breaches of VARA’s marketing regulations.
UAE to introduce new sugar drink tax from January 2026
The UAE Ministry of Finance has proposed legislative changes to roll out an updated excise tax on sugar-sweetened beverages starting January 1, 2026, replacing the current flat-rate model with a …
UAE Banks strengthen International Partnerships during the 2025 World Bank Group and IMF Annual Meetings in Washington
Younis Haji AlKhoori: We are committed to empowering national banks to build strategic partnerships that reinforce the UAE’s position as an advanced global financial hub …
UAE banks strengthen international partnerships during 2025 World Bank Group-IMF Annual Meetings in Washington
The Ministry of Finance (MoF), in cooperation with the Central Bank of the United Arab Emirates (CBUAE) and the UAE Embassy in Washington, is organising the UAE Banks Reception on the sidelines of the …
UAE to introduce new sugar tax in 2026 – here’s how it will affect you
The United Arab Emirates has announced that a new sugar tax will take effect on the first day of 2026. As part of a GCC-wide effort to cut down on the consumption of sugary drinks, the UAE’s Ministry …
Mustafa Al Khalfawi outlines Ajman Bank’s bold new digital vision
Ajman Bank CEO Mustafa Al Khalfawi talks about a bold digital vision powered by AI, Sharia-compliant innovation, and customer-centric design …
Huru launches in UAE to drive financial inclusion for unbanked communities
“With Central Bank licensing and a technology-first approach, we are committed to expanding financial inclusion among those who form the backbone of the UAE’s workforce,” said Abhimanyu Girotra, CEO …
Dubai DAE mandates banks for potential benchmark sukuk issuance
Dubai Aerospace Enterprise (DAE) a aircraft lessor and engineering company, has mandated a consortium of international and regional banks to arrange a series of fixed income investor calls starting …