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Tag: banking

Posted on 09/08/2025

PRYPCO Mortgage facilitates single retail mortgage valued at Dhs94.5m, one of region’s largest

From its inception to June this year, PRYPCO Mortgage has arranged Dhs9.67bn in mortgage deals, the company said …

Posted on 09/08/2025

Dewa shares inch higher after record quarterly profit

Shares in Dubai Electricity and Water Authority (Dewa) rose slightly on Friday after the state-owned utility posted its strongest-ever quarterly earnings, driven by population growth and rising demand …

Posted on 09/08/2025

Towards a vision-powered future: UAE drives growth with reforms, innovation, and investment

The UAE’s commitment to sustainability, amplified by its COP28 hosting, has further elevated its global standing …

Posted on 08/08/2025

UAE Halal Cosmetics Market Overview and Company Analysis Report 2025-2033 Featuring Estee Lauder, L’Oreal, S&J, Kao, Clara International, Inika, Amara, Wardah, Sampure Minerals …

The UAE Halal Cosmetics Market is poised to reach US$ 5.31 billion by 2033, up from US$ 1.72 billion in 2024, growing at a CAGR of 13.35% from 2025 to 2033. This surge is driven by increased religious …

Posted on 08/08/2025

UAE to finalise ‘Eurasian Economic Union’ trade, investment agreements by year-end: Al Zeyoudi

These agreements aim to enhance investment flows and support the economic diversification strategies of both the UAE and its partner nations …

Posted on 08/08/2025

Princess Beatrice pictured alongside politicians at opening of UAE bank in London

Princess Beatrice attended the opening of a UAE bank in Mayfair, London, last week. The royal appeared in pictures released by the First Abu Dhabi Bank (FAB) alongside politicians from the opening …

Posted on 08/08/2025

Dubai Sets New Mortgage Restrictions – WORLD PROPERTY JOURNAL Global …

Dubai home prices are soaring again — up as much as 30 percent in the last year in some neighborhoods – raising concerns that another bubble is forming. In September, the Dubai government doubled …

Posted on 08/08/2025

Barco Developers enters UAE market with 2 million sq ft residential pipeline

With a track record of successful real estate and investment projects across Europe and North America, Barco Developers is now bringing its global expertise to the UAE. Its vision is to create …

Posted on 08/08/2025

Planning on getting a mortgage in Dubai? Note these 5 tips from … – MSN

Homeownership in Dubai requires a minimum down payment of 20% for properties under AED 5,000,000 and 30% for properties valued above AED 5,000,000 (for expats).

Posted on 08/08/2025

UAE’s Emirates Global Aluminium considers reviving its IPO plan – report

The region’s biggest aluminium producer is jointly owned by the Investment Corporation of Dubai and Abu Dhabi’s Mubadala Investment …

Posted on 07/08/2025

Emerge, Emirates Development Bank to collaborate on developing, financing solar projects in UAE

Emerge, a joint venture between Masdar and the EDF Group, and Emirates Development Bank (EDB), have signed an agreement to explore areas of collaboration in developing and financing distributed solar …

Posted on 07/08/2025

Is Etihad Still Heading for an IPO? We Ask the CEO

Etihad CEO Antonoaldo Neves says the Abu Dhabi airline is “IPO-ready,” but whether the carrier goes public will depend on its sovereign wealth fund owner ADQ.

Posted on 07/08/2025

AMBIPAR and Ajman Bank forge strategic partnership

In a move to contribute towards sustainable transformation of the UAE economy, Ambipar, a global leader in environmental and carbon solutions, and Ajman Bank, one of the UAE’s most dynamic financial …

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 …

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