CEO of Nasdaq Dubai and Dubai Financial Market (DFM). Ahmed Saad said, “We are delighted by our latest Sukuk listing on Nasdaq Dubai, which showcased strong demand from international and regional …
Ajman Free Zones Authority, ruya tie-up to offer banking for startups, SMEs
Digital-first Islamic bank to offer Ajman firms digital accounts with no minimum balance Digital-first Islamic bank to offer Ajman firms digital accounts with no minimum balance Image Credit: …
Are high insurance costs pricing retirees out of living in the UAE long term?
While the UAE is attracting more retirees than ever, many find they are unable to keep up with the costs of health insurance, particularly in the over-60s bracket. There are no specific packages for …
UAE Authorities Expose Alarming Surge in Trade-Based Money Laundering Cases
The UAE authorities have reported an alarming rise in cases of trade-based money laundering (TBML) in 2022 and 2023, revealing the sophisticated methods fraudsters employ to disguise illicit financial …
UAE Banks Face Earnings Slump as Saudi Arabia Takes Lead in GCC
Banks in the United Arab Emirates (UAE) are bracing for a decline in profits for the second quarter (Q2) of 2024, according to a recent report by CI Capital. This stands in stark contrast to the …
Jain’s new hedge fund spawns fans, doubters
DUBAI: Inside the elegant Breakers Palm Beach resort, Bobby Jain made his multibillion-dollar pitch. The Abu Dhabi Investment Authority was his audience, the steward of one of the world’s great …
Dubai To Expand Fruit And Vegetable Market, Double Its Current Size
( MENAFN – Khaleej Times) Dubai will be doubling the current size of its fruit and vegetable market under the emirate’s next big logistics project. Two major entities – Dubai Municipality and DP World …
Strategic Growth Continues: US Capital Global Expands Dubai Office with New Vice President, Ahmed Eid
San Francisco, California, USA, July 10, 2024 (GLOBE NEWSWIRE) — US Capital Global, a leading global private financial group for the middle market, is excited to announce the appointment of Ahmed Eid …
UAE terrorism: Courts sentence 43 people to life imprisonment and issue $5.4m fines
UAE courts have convicted 53 people for terrorism offences and ordered six companies to pay a AED20m ($5.4m) fine for crimes including money laundering. The Abu Dhabi Federal Appeals Court, State …
Saudi Arabia raises $12.35 bln from Aramco’s share sale through greenshoe option
Saudi Arabia has raised a total of $12.35 billion from a secondary share sale in Aramco , after the Saudi oil giant exercised an over-allotment option, a document seen by Reuters showed.
Dubai announces world’s largest fruit and vegetable market
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the development of the Logistics Hub for Foodstuffs, Fruit and Vegetable Trade, the …
Dubai to have ‘world’s largest’ logistics hub for trading foodstuffs, fruits, vegetables
First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, witnessed the signing of an agreement between Dubai Municipality and DP World. Image Credit: Supplied Dubai: Dubai …
UAE’s Ministry of Energy and Infrastructure launches ‘National Green Certificates Programme’
The UAE’s Ministry of Energy and Infrastructure (MoEI) has launched the National Green Certificates Programme, which aims to promote environmentally friendly building practices in line with the …
UAE’s Ministry of Energy and Infrastructure launches ‘National Green Certificates Programme’
The UAE’s Ministry of Energy and Infrastructure (MoEI) has launched the National Green Certificates Programme, which aims to promote environmentally friendly building practices in line with the …
How to Finance Your Property Investments in UAE for Maximum ROI
Investing in property can be lucrative especially in a vibrant market like the UAE However to truly maximise your return on investment ROI it crucial to understand the various financing …
Commercial Bank of Dubai signs partnership with Visa
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai Supreme Council of Energy reviews performance of sustainable energy programmes and projects
That achieved savings of approximately 9.7 TWh of electricity and 18.8 BIG of water, equivalent to AED 14.6 billion …