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Tag: banking

Posted on 18/07/2025

UAE authority warns against unlicensed trading firms after KT reports

The UAE’s financial regulatory agency has warned residents against dealing with three companies previously exposed by Khaleej Times for running unregulated trading operations that left scores of …

Posted on 18/07/2025

Aldar welcomes new UAE tax depreciation decision as positive step for the real estate sector

New Ministerial Decision allows depreciation deductions for investment properties held at fair value under the UAE Corporate Tax Law …

Posted on 18/07/2025

Real Estate: Preliminary Sales Figures Hit Record Highs in Dubai

Demand for residential real estate in Dubai and elsewhere in the Gulf region remains high despite the recent escalation of Israel-Iran tensions and tariff disruptions, said Standard and Poor’s in its …

Posted on 18/07/2025

Banking in Dubai – Business Insider

Banking in Dubai offers unique opportunities and challenges, reflecting the city’s rapid economic growth and innovation. Business Insider Subscribe Newsletters …

Posted on 18/07/2025

Emirates NBD helps secure $1bn for Dubai Metro’s $5.6bn Blue Line

Emirates NBD said Wednesday it has concluded AED 3.9bn ($1bn) Syndicated Bonding Facilities to a consortium that will deliver the new Dubai Metro ‘Blue Line’ Project.

Posted on 17/07/2025

Dubai’s Young Investor Program Expands: Shaping Future Financial Leaders

Dubai’s Knowledge Fund Establishment, in partnership with the National Bonds Corporation, has launched a new phase of the Young Investor Program. Targeting over 75,000 students across 50 private …

Posted on 17/07/2025

UAE Strengthens Global Finance Ties at G20 Meeting in Durban

The UAE, led by the Ministry of Finance, participated in the G20 Finance Ministers and Central Bank Governors Meeting in Durban. The discussions focused on global economic coordination, sustainable …

Posted on 17/07/2025

Kenya’s largest bank to open UAE office to attract Gulf wealth

Equity Group Holdings Plc, Kenya’s largest lender, plans to establish an office in the United Arab Emirates (UAE) in the fourth quarter of the year. ・Equity Group Holdings Plc plans to open a UAE …

Posted on 17/07/2025

UAE Central Bank fines foreign bank $163,000 for non-compliance

The branch had failed to meet the requirements set out in the Market Conduct and Consumer Protection Regulations and Standards.

Posted on 17/07/2025

United Arab Bank net profit up by 50% for the first half of 2025

Highlights: Net profit reported at AED 208 million for H1 2025 compared to AED 139 million for H1 2024; reflecting a YoY increase of 50%. Earnings per share rose to AED 0.

Posted on 17/07/2025

Dubai, Bali top picks for Indians in Jan-June; bookings for visa-easy destinations jump: OYO Report

Dubai, Bali and Bangkok topped the overseas travel preferences of Indians booking through the OYO app between January and June this year, with 65 per cent Year-on-Year growth in bookings for travel …

Posted on 17/07/2025

UAE launches 2027–2029 federal budget cycle to boost financial sustainability

The new cycle redefines federal budgeting as a strategic tool to drive national priorities, accelerate digital transformation, and support the UAE’s long-term vision through AI-powered, performance-ba …

Posted on 17/07/2025

UAE: Funding for small businesses remains a major issue

Fintech holds transformative potential for SME growth in the UAE — especially in a landscape where traditional financial systems often fall short.

Posted on 17/07/2025

UAE: The global hotspot for wealth, capital, and enterprise

Over the past decade, the UAE has transformed from a regional financial hub into a global epicenter for wealth, business, and innovation. As global economies shift, the UAE’s strategic positioning …

Posted on 17/07/2025

Mashreq launches NEO PLUS Saver account for salary and non-salary customers with UAE’s most rewarding savings interest rates

Mashreq has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access.

Posted on 17/07/2025

Dubai’s Strategic Rise: The Global Wealth Hub of Choice for UHNW Families

The recent Hubbis webinar, co – hosted with the (DET), brought together leading voices in private wealth management, legal structuring, and family office advisory to explore Dubai’s evolution as a …

Posted on 17/07/2025

Dubai first-time buyer scheme hopes to lure Brits, and keep them

A new first-time buyer scheme in Dubai will keep expats in the country for longer and is likely to help lure even more ambitious Brits …

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