By Gopika Gopakumar (Reuters) -Dubai-based bank Emirates NBD is in advanced talks to buy a stake in Indian private lender RBL Bank, two people familiar with the deal told Reuters. The Dubai bank is …
Dubai launchpad for global exhibitors and innovators
Gitex Global 2025, the world’s largest technology and Artificial Intelligence (AI) exhibition, opened its doors to the public at the Dubai World Trade Centre on Monday.
Dubai’s off-plan property market surges amid record sales and new launches
Dubai’s off-plan property market continues its meteoric rise, with Q3 2025 marking a historic milestone in real estate activity. According to the Dubai Land Department, off-plan transactions accounted …
A&O Shearman, Freshfields Lead as Dubizzle Prepares Dubai IPO Amid Listing Boom
The six Gulf Cooperation Council countries have defied the global slowdown in IPO activity that has persisted since 2019 and Saudi Aramco’s record-setting $25.6 billion listing.
Virtual Assets to Contribute 3% to Dubai’s GDP, New Strategy Launched
Dubai has announced a bold Financial Sector Strategy that will see its city ranked among the top three financial hubs globally. Led by Sheikh Maktoum bin Mohamm …
Sheikh Maktoum approves new Dubai Financial Sector Strategy
His Highness reviews DFM performance and plans by VARA; 15 programmes to be launched to drive growth and shape the future of global finance …
Dubai mortgage lenders Amlak, Tamweel mull merger
DUBAI, Oct 4 (Reuters) – Dubai-based mortgage lenders Amlak Finance and Tamweel have begun merger talks, the two companies said on Saturday, as liquidity in the Gulf region tightens. “(The companies) …
Dubizzle announces Dubai IPO with $100m Prosus investment
Dubizzle announces its Dubai IPO, offering 30.34 per cent of shares, with Prosus investing $100 million to back the group’s regional growth …
Dubai Financial Sector Strategy gets nod, here’s what it entails
The strategy will implement 15 transformative programmes over three years, targeting capital markets, asset and wealth management, SME financing, virtual assets, and fintech …
DIFC and PFG launch growth debt partnership to scale Dubai’s next generation of tech companies
With over two decades of global experience and more than $2.1 billion deployed across more than 250 companies worldwide, PFG is recognized for its expertise in providing flexible, founder-aligned …
UAE President Approves Major Law on Central Bank and Financial Regulation
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued Federal Decree Law No. (6) of 2025, regarding the Central Bank, and the regulation of financial institutions and activities and …
HSBC enhances Premier offering as new survey reveals one in four UAE adults uncertain about their financial future
Future Planner, a key enhancement in HSBC Premier, is the first of its kind in the UAE.
One in four UAE residents uncertain about financial future, HSBC survey shows
The poll found that 25% of respondents were unsure about their financial plans for life after the UAE, and 8% admitted to having no plan …
Dubai’s Dubizzle Group to float 30% stake on DFM
Dubai-based Dubizzle Group Holdings, which operates classifieds platforms, plans to offer a 30.34% stake through an initial public offering (IPO) on the Dubai Financial Market (DFM). The offering will …
Dubizzle Group announces its intention to float on the Dubai Financial Market
Emirates NBD Bank PJSC has been appointed as the Lead Receiving Bank. Abu Dhabi Commercial Bank PJSC, Abu Dhabi Islamic Bank PJSC, Al Maryah Community Bank LLC, Dubai Islamic Bank PJSC, Emirates …
Dubai’s Dubizzle Group announces IPO, to list on DFM
Prosus NV, the company’s largest shareholder through its subsidiary OLX BV, has committed to invest $100 million in the IPO as part of the offering, reflecting Prosus’ ongoing long-term support of …
Dubizzle Group IPO to open next week on Dubai bourse
Subscription to Dubizzle Group’s initial public offering will open on October 23 when it lists on the Dubai Financial Market. It intends to offer 30.34 percent of its total share capital, or 1.24 …