UAE’s hiring spree extends to fresh graduates with right credentials A career in finance seems to be an obvious preference for UAE’s graduates these days. There will definitely be demand for …
UAE banks reap the benefits of an economic boom
UAE banks reported higher net profits in Q1 2023, as the strong economic growth helped drive an increase in net interest income.
UAE: National banks provide $11.06bln in financing to commercial, industrial sectors over 12 months
National banks had provided $200.89bln in credit to the business and industrial sectors: Central Bank of the UAE …
Celebrities Flocking To The UAE As New Capital Of Plastic Surgery
Celebrities are flocking to the Middle East for the latest in plastic surgery, and it’s all the work of one man…Dr. Bouroui Kotti.
UAE stocks gain AED220 billion in market value in H1 2023
Four new listings boosted the market value of the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), including ADNOC Gas and Presight AI in the ADX, and ADNOC Supply and …
Peninsula’s Abu Dhabi IPO Faces Regulatory Delay
Peninsula Real Estate is facing delays to its planned Abu Dhabi initial public offering as it hasn’t secured regulatory approval yet, according to people familiar with the matter.
UAE stocks attracted $1.5bln of institutional investments since start of 2023
The substantial rise in institutional investments in local stocks confirms the confidence in the UAE’s markets and their future growth potential …
Dubai continues to lure Indian investors
The UAE Ministry of Finance has announced the issuance of Cabinet Decision No. 56 of 2023 on a non-resident person’s nexus in the UAE for the purposes of Federal Decree-Law No 47 of 2022 on the …
Want Dubai citizenship? Buy property in UAE
Expats are eligible to get various property linked visas available in the UAE. The basic condition for the visa is that the investment value must be fully paid. In other words, purchasing a property …
IMF applauds UAE’s positive economic outlook
The UAE’s economic outlook remains positive, supported by strong domestic activity with the overall GDP projected to grow at 3.6 per cent in 2023, the Exec..
CBBC brings biggest Eid brands sale to Dubai and Abu Dhabi
Eid is a time of joy, celebration, and sharing with loved ones. Along with the festivities, shopping for new clothes, accessories, and gifts is an integral..
UAE’s ADX, DFM announce market holidays
Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) have announced official market holidays starting from tomorrow (Tuesday, June 27). Both markets issued statements saying they will …
Bank of Baroda@50: Thriving on customer-centric service
Nishant Ranjan, chief executive of GCC operations at Bank of Baroda shares insights into the bank’s journey, emphasising its customer-centric approach and plans for …
UAE banks record credit growth despite interest rate hike
Credit growth in the UAE’s banking sector, a key indicator of overall economic growth, surged to almost Dh2.0 trillion in the first quarter despite rising ..
Abu Dhabi court obliges bank to pay its client Dhs98,667 for charging unjustified fees
The appellant’s lawyer demanded to assign a banking expert and to obligate the bank to pay his client Dhs98,667, in addition to the fees and expenses of the lawsuit.
UAE leaders spearhead climate finance reforms at Paris summit
UAE figures took on leading roles at the Summit for a New Global Financing Pact in Paris this week, where they engaged in discussions with international leaders on climate finance reform. During the …
UAE banks’ aggregate capital and reserves up 10% by April-end
The report noted that national banks accounted for 86.4 percent of the total capital and reserves of banks operating in the UAE …