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Tag: banking

Posted on 10/12/2025

UAE digital lender Wio Bank bets on payments, wealth to power next growth phase

ABU DHABI, Dec 10 (Reuters) – UAE’s Wio Bank is looking to payments and wealth to drive the next leg of its growth, CEO Jayesh Patel said on Wednesday, as the state-backed digital bank positions …

Posted on 10/12/2025

UAE Central Bank: Digital dirham to be launched soon

The Central Bank of the UAE (CBUAE) has announced that the country’s new central-bank digital currency — the Digital Dirham — will be rolled out “very soon,” marking a major step in the UAE’s evolving …

Posted on 10/12/2025

Dubai introduces 3-year service fee model for Palm Jumeirah community

Dubai Land Department has approved the first-ever three-year fixed service fees for the Palm Jumeirah Master community …

Posted on 10/12/2025

Nasdaq Dubai welcomes the launch of New Development Bank’s $50bln Euro Medium Term Note programme

The Programme will support New Development Bank’s (NDB) mandate to finance infrastructure and sustainable development projects across BRICS nations and emerging economies …

Posted on 10/12/2025

UAE Central Bank clarifies loan eligibility: New Nafis rules explained for loan seekers

The UAE Central Bank has clarified that Nafis payments are temporary incentives, not guaranteed income for loan eligibility. This ruling impacts Emira …

Posted on 10/12/2025

UAE 2026 updates: 9 ways travel, education, traffic and banking will change

From new projects to reforms, see how next year will reshape living in the UAE Dubai: The UAE is gearing up for a transformative 2026, with major projects and initiatives set to reshape how residents …

Posted on 10/12/2025

AR Ventures Launches Small-Cap IPO Consulting to Help Startups Go Public Without Heavy VC Dilution

Dubai-based serial entrepreneur and venture capitalist Alexander Rugaev introduces boutique advisory focused on small-cap and micro-cap IPOs and direct listings for AI, robotics and fintech founders.

Posted on 09/12/2025

IPO Genie Goes Ringside: Win a VIP Trip to Dubai for The Fight Before Christmas; Misfits Boxing

Discover how IPO Genie is offering fans a chance to win a VIP trip to Dubai for Tate vs DeMoor. Enter the official giveaway and experience Misfits live.

Posted on 09/12/2025

TATE vs. DEMOOR: The Heavyweight Title Fight Taking Over Dubai on Dec 20

Discover the Tate vs DeMoor showdown in Dubai on December 20, the full fight details, livestream info and how IPO Genie is giving fans VIP access.

Posted on 09/12/2025

Dubai pushes to become top four global financial centre as DIFC expands

Dubai advanced its ambition to become a top four global financial centre as Sheikh Maktoum reviewed DIFC achievements …

Posted on 09/12/2025

UAE tops Gulf economic growth rankings for 2025, says IMF

Strong expansion in Abu Dhabi and rising investment in technology and AI drive the UAE’s regional lead, according to a senior IMF official …

Posted on 09/12/2025

Emirates Islamic Business Banking extends $50mln Shari’ah-compliant trade finance to Eclipse Investments Group

Emirates Islamic, one of the leading Islamic financial institutions in the UAE and part of Emirates NBD Group, has extended USD 50 million in Shari’ah-compliant trade finance facilities to Eclipse …

Posted on 09/12/2025

Hanwha Life chief global officer touts expanding financial cooperation between Korea, UAE

Kim Dong-won, chief global officer of Hanwha Life, stressed the importance of strengthening bilateral financial cooperation between Korea and the United Arab Emirates during his opening address at the …

Posted on 09/12/2025

UAE consolidates its position as global leader in digital asset regulation

Magdalena Boškić, Crypto Compliance Expert at leading Swiss business law firm Kellerhals Carrard, affirmed that the UAE has successfully established itself as a leading global hub for digital asset …

Posted on 08/12/2025

Hedge fund titan Howard helps Abu Dhabi morph into a global hub

Alan Howard planted a flag in Abu Dhabi in 2023, the opening act of his eponymous hedge fund’s campaign to win over the emirate’s deep-pocketed investors. When he talked up the city months later, that …

Posted on 08/12/2025

Balyasny joins Hudson Bay in expanding to Abu Dhabi after Dubai

About two years after opening an office in Dubai, Dmitry Balyasny’s hedge fund is expanding its presence in the United Arab Emirates with an outpost in Abu Dhabi, joining money managers doubling down …

Posted on 08/12/2025

Mohammed Bin Rashid Housing Establishment and DIB sign strategic partnership agreement to support housing finance services

Government of Dubai Media Office: Mohammed Bin Rashid Housing Establishment (MBRHE) has signed a strategic cooperation agreement with Dubai Islamic Bank (DIB) aimed at enhancing housing finance …

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