Acquired by IQ-EQ on Wednesday, Gordion has assets under management of $17bn, with offices in Singapore, Hong Kong and Tokyo …
Over $211bln in bank investments in UAE by end of April 2025
Investments by banks operating in the UAE continued their upward trend, reaching AED 774.3 billion by the end of April 2025. This marks a 16.2% annual increase compared to April 2024 and a 1.4% rise …
No more delays: UAE sets up Bankruptcy Court to fast-track financial disputes, what it is, how it works, and more
The United Arab Emirates will soon have a specialized Bankruptcy Court. It will be based in Abu Dhabi. The court will handle all bankruptcy-related disputes under the updated laws. This move aims to …
App-based banking authorisations come with new risks, warn UAE experts
As UAE banks phase out SMS OTPs, experts urge vigilance around in-app banking security Dubai: With the UAE banking sector moving swiftly to eliminate SMS and email OTPs in favour of app-based …
Executive Centre India files DRHP papers with Sebi for ₹2,600 crore IPO
Executive Centre India has filed for a ₹2,600 crore IPO, focusing on international expansion and acquisitions. The funds will support its Abu Dhabi subsidiary and acquire TEC SGP and TEC Dubai. The …
Wealthy investors bet on Dubai, Abu Dhabi despite regional risks
The inquiries are from potential clients from India and the UK, the US and Africa — even as far afield as Brazil. They’re all looking to set up family offices in Dubai and Abu Dhabi, the twin emirates …
UK loses second spot in global fintech to UAE
The UK has been pushed into third spot on latest global fintech market size data for the first half of this year.
UAE banking assets exceed Dhs4.749tn in April, shows CBUAE report
The central bank’s total balance sheet stood at Dhs972.3bn, comprising Dhs449.1bn in current and deposit accounts …
Here’s why UAE bank customers will no longer receive OTPs via texts and emails
Customers of UAE banks will no longer receive one-time passwords for online financial transactions through SMS and email starting on Friday, according to messages seen by The National. Instead of the …
Dubai real estate: DLD, Masdar City announce new partnership to enable free zone property ownership
The partnership forms part of Dubai Land Department’s strategy to enhance the competitiveness of the emirate’s real estate market and expand the investor base by creating opportunities for free zone …
Dubai real estate: New DIFC-licensed platform allows anyone to invest in property from $137
Dubai investors purchasing fractional shares through Deed receive monthly rental income proportional to their ownership stake …
DLD x Emirates NBD partnership to advance real estate ecosystem and customer financial solutions
Under this partnership, DLD and Emirates NBD will collaborate on two forward-looking studies addressing procedural, and regulatory aspects …
Dubai’s Sidara weighs lowering Wood Group offer after UK regulator’s probe, FT reports
(Reuters) -Dubai-based Sidara is considering reducing the price of its takeover bid for Wood Group, as Britain’s financial regulator has launched a probe into the oilfield services provider, the …
UAE Aims for COP28 Finance Splash With $30 Billion Fund
The United Arab Emirates, host of the COP28 climate summit in Dubai, will put $30 billion into a new climate finance fund aimed at improving the flow of money into projects to reduce emissions …
Standard Chartered launches UAE’s first sustainable escrow and account bank solution
New solution enables clients to align cash deposits with sustainability goals through a market-first offering available in the UAE and beyond …
UAE Equity Market Set To Welcome Up To Five Ipos
DubaiUAE equity capital markets are poised for an uptick in activity, with Citi forecasting three to five initial pub …
World’s rich ignore Middle East strife to bet on Dubai and Abu Dhabi
DUBAI] At the Dubai offices of Abbey Road Investment Group, the phone calls and emails keep landing from around the world. Read more at The Business Times.