In August, banks in the United Arab Emirates began blocking payments made by Russian companies for Chinese electronic components and equipment. According to experts, the UAE has thus far played a key …
UAE banks halt Russian payments for Chinese electronics
In August, banks in the United Arab Emirates began blocking payments made by Russian companies for Chinese electronic components and equipment. According to experts, the UAE has thus far played a key …
Mahmoud Abbas cuts short Saudi trip after Israel launches West Bank operations
Israel’s large-scale offensive in the northern West Bank is likely to put more pressure on the fragile Palestinian Authority …
UAE: Five ways to pay your child’s school tuition fees
While many private schools in Dubai do not accept post-dated cheques, you can still pay by cheque, provided it is in the school’s name. Ensure that the cheque is submitted to the reception or finance …
Alternative Asset Investment Platform Konvi Now Offers Fractional Real Estate in UAE
Konvi, a “luxury assets fractional investment platform,” is now offering fractional investments of real estate in the UAE.
Premier Energies IPO subscribed 4 times on day 2; NIIs in pole position
Ahead of the listing, Premier Energies’ IPO shares were trading at an 87 percent premium over the upper price band in the grey market …
UAE Central Bank announces M-Bills auction on September 2
The issue date will be on September 4, 2024, with the maturity date for the first issue due on October 2, 2024 …
Dubai Centre for Family Businesses publishes new ‘Family Office Toolkit’
The Dubai Centre for Family Businesses which operates under the umbrella of Dubai Chambers has issued a new toolkit highlighting the important role …
UAE banks block Russian payments for Chinese electronics, media reports
Banks in the United Arab Emirates (UAE) have been rejecting transactions from Russian companies for electronic components and consumer electronics from China since early August, the pro-Kremlin outlet …
UAE-based fintech Yuze raises $30mln funding
This funding will drive Yuze’s mission to provide enhanced financial solutions to SMEs and independent professionals beyond the UAE …
Dubai, Abu Dhabi Ranked Best Spots for Globetrotting Executives
For the wave of executives turning into digital nomads since the pandemic, there’s no location more accommodating than the United Arab Emirates.
Why Is Dubai Property Market a Magnet for Global Investors
Dubai is drawing in investors from all over the world and has quickly become a global center for real estate investment.
Applying for a loan? Know what type of interest rates work better for now
Image Credit: Supplied Dubai: With interest rates now expected to not rise further … 30-year ‘floating’ rate home loan. Mortgage rates in the UAE are typically fixed for the first two years …
UAE: Companies urged not to look at profits to accelerate climate action
He added that the UAE is a pioneer in renewable energy … Speaking during the panel discussion on The Role of Green Finance in Accelerating Sustainable Development, Fuselli said boosting PPPs means …
UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b
Banks in the UAE reported the biggest quarter-on-quarter gross loan growth … by SNB as well as a decline in deposits in Bahrain after the delisting of Al Baraka Banking Group. Data from GCC central …
Abu Dhabi sovereign fund ADIA invests in India’s Premier Energies ahead of IPO
The Abu Dhabi Investment Authority’s (ADIA’s) Indian summer of investments continues, with the UAE sovereign fund named an anchor investor in Premier Energies ahead of the company’s initial public …
Flynas to launch new Saudi to UAE flights
Flynas is gearing up to launch direct flights between Saudi Arabia and the UAE. New destinations and routes will begin in September, extensively expanding its network in the UAE market to be the …