If you have invested in Dubai or other overseas properties, make sure your purchase was routed through authorized channels, declared in your income tax filings, and compliant with FEMA regulations.
Indians travelling to UAE will now be able to pay with UPI at more places
NIPL is working with UAE regulators, acquirers, and partners to enable UPI in sectors such as retail, hospitality, entertainment, transport, and essential services.
UAE central bank fines bank AED3 mn for AML violations
The sanctions result from the CBUAE’s examinations, which revealed the bank’s failure to comply with the central bank instructions …
Hedge funds setting up in Dubai to access talent pool, investment …
Global hedge fund managers are turning their attention to the Middle East, with high-profile firms choosing to establish a presence in Dubai amid a strong talent pool and access to a growing asset …
GFH signs partnership agreement with Dubai Cares to support education of children in the UAE
As part of its ongoing commitment to creating a positive impact in the communities where it operates, GFH Financial Group (GFH) today signed a partnership agreement with Dubai Cares, part of Mohammed …
Wealth beyond borders: Why the UAE is a leading gateway to global investment for UHNWIs
The UAE has cemented its reputation as a magnet for ultra-high-net-worth individuals (UHNWIs). Driven by a blend of financial opportunity, regulatory clarity, and unmatched global connectivity, the …
UAE, Chad discuss ways to strengthen cooperation in financial sector
The two sides explored ways to enhance institutional partnerships and activate financial cooperation mechanisms …
UAE: Bank fined Dh3 million for violating anti-money laundering law
The authority said that it works to ensure that all banks and their staff abide by local laws and regulations to safeguard the transparency of the banking sector and the UAE financial system.
Finfluencers all set to take Dubai flight – it’s not the lifetime visa, but tightening regulations
“Several traders and finfluencers have been steadily relocating to Dubai for the past few years,” said Rochit Singh, a finance educator with over 250,000 followers. The lure? A cleaner runway to build …
Mohamed bin Hadi Al Hussaini: Removing the UAE from EU list of high-risk third countries reflects the global trust in the UAE’s financial system
This decision, Al Hussaini added, showcases the UAE’s position as a trusted global financial hub …
UPI in UAE: Indian travellers may soon use just passports, phone
Indian envoy envisions a future where all key personal finance tools are seamlessly integrated into the digital payment interface, enabling effortless international transactions …
The UAE is no longer a financial risk in Europe’s eyes, here is what that really means
After being grey-listed by FATF in 2022 and added to the EU’s high-risk list in 2023 due to AML/CFT shortcomings, the UAE undertook sweeping reforms led by top officials. These efforts led to its …
Bilal Azhar Kayani emphasizes importance of learning from digitalization model of UAE
Minister of State for Finance and Railways and Head of the Prime Minister’s Delivery Unit Bilal Azhar Kayani has emphasized the importance of learning from the digitalization model of United Arab …
UAE, Pakistan discuss ways to enhance cooperation in financial fields
Held at the Ministry of Finance Offices in Dubai, the meeting discussed the importance of exchanging expertise and building sustainable institutional partnerships that support financial stability …
UAE: New initiative to teach Emirati kids financial literacy amid rising consumerism
The “Your Money, Your Dignity” programme runs weekly workshops from today, July 9, to August 29 across six community councils, welcoming citizens and residents to participate in this initiative …
Dubai: Over Dh6.5 million in financial aid for inmates in first half of 2025
The total value of assistance reached Dh6,599,116, provided by the Humanitarian Care Section in cooperation with philanthropic partners and civil society organisations …
Dubai Islamic Bank fuels Pakistan’s economy with $1bn deal
Dubai Islamic Bank (DIB), the largest banking institution in the UAE, has successfully finalized a syndicated term finance facility worth $1 billion with the Government of Pakistan. This significant …