The Central Bank of the UAE (CBUAE) revealed that Gross banks’ assets, including bankers’ acceptances, increased by 0.5 per cent from Dhs4,378.0 billion …
Dubai hits over a decade high; Most Gulf shares muted
Dubai’s benchmark share index jumped on Tuesday to its highest level in more than a decade, while most other markets in the Gulf were muted as investors braced for the U.S. Federal Reserve’s monetary …
UAE: Personal, auto loans, mortgages to become cheaper further this week
Therefore, interest rates on auto loans, mortgages and personal loans are expected to drop last time this year on Wednesday. The latest rate cut by the Central Bank of the UAE was announced in early …
UAE to strengthen ties with global financial institutions
As part of its efforts to strengthen the UAE’s strategic relations with regional and international financial institutions, the Ministry of Finance …
UAE: Ministry of Finance, Eurasian Development Bank discusses cooperation
ABU DHABI – The Ministry of Finance (MoF) hosted a high-level delegation from the Eurasian Development Bank (EDB) in Abu Dhabi to discuss ways to enhance financial cooperation and explore new …
UAE payments industry set to hit $27.3bn by 2028: report
The UAE’s payments sector is undergoing a rapid transformation, spurred by government initiatives, fintech innovations, and a shift from cash to digital transactions …
UAE participates in the first G20 meeting of finance ministry undersecretaries and Central Bank deputy governors
Johannesburg: The UAE participated in the first G20 Finance and Central Bank Deputies (FCBD) meeting under South Africa’s G20 Presidency, held in Johannesburg from 11-12 December 2024.
Bitpanda secures in-principle approval for expansion into the UAE
Bitpanda has been authorized to operate in Dubai by the Dubai Virtual Asset Regulatory Authority (VARA), making it eligible to enter into the United Arab Emirates’ growing market for digital assets.
McDonald’s UAE introduces McCrispy chicken burger
McDonald’s United Arab Emirates (UAE) has announced the launch of the McCrispy, a new chicken burger, in the region, as reported by Zawya. The McCrispy features a 100% chicken breast fillet, fresh …
Dubai’s Parkin signs tech deal with Saudi group BATIC
Parkin operates 197,000 spaces in Dubai BATIC has 195,000 in 5 Saudi cities Shares in Parkin up 76% since IPO Parkin, the largest parking management group in Dubai, aims to expand into …
UAE participates in 1st G20 Meeting of Finance Ministry Undersecretaries, Central Bank Deputy Governors
The UAE participated in the first G20 Finance and Central Bank Deputies (FCBD) meeting under South Africa’s G20 Presidency, held in Johannesburg from 11th to 12th December 2024.
Dubai outperforms other Gulf markets as Fed rate decision eyed
Dubai’s benchmark share index jumped on Monday to its highest level in more than a decade, lifted by real estate and finance, while most other markets in the Gulf also gained ahead of the U.S. Federal …
Emaar’s dividend plan and rate cut hope drive Dubai stocks to near-decade high
The Dubai stock market surged to its highest level in almost a decade on Monday, driven by strong performances in the financial and real estate sectors. The Dubai Financial Market General Index, the …
Danish court sentences British hedge fund trader to 12 years in prison
A Danish court has sentenced British hedge fund trader Sanjay Shah to 12 years in prison for orchestrating a tax fraud scheme that authorities say cost Denmark 9 billion kroner …
British hedge fund trader sentenced to 12 years in prison by Denmark
A Danish court has sentenced British hedge fund trader Sanjay Shah to 12 years in prison for orchestrating a tax fraud scheme that authorities say cost Denmark 9 billion kroner …
Zoho Finance and Operations suite achieves 65% revenue growth in the UAE
Major Updates to Zoho Books, Zoho Inventory, and Zoho Practice Further Strengthen the Finance and Operations Platform …
Dubai’s Parkin, BATIC partner for Smart City parking solutions in Saudi Arabia
The partnership aims to combine Parkin’s renowned parking management capabilities with Smart City Solutions Co. (SCSC), BATIC’s subsidiary and Saudi Arabia’s largest paid public parking provider …