The UAE has attracted AED 6.76 billion ($1.8 billion) in bids for its bonds under the Q3 2024 sukuk programme. The Islamic Treasury Sukuk (T-Sukuk) offered a spread of 4.77% on the three-year tranche …
UAE: Gold prices jump to nearly 2-week high in early trade
Downside for yellow metal rates remains limited as US Treasury yields continue to be influenced by Fed chairman Jerome Powell’s comments …
UAE’s $30 Billion Alterra Fund Readies New Round of Allocations
A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments.Most Read from …
National Bank of Fujaira CEO to step down after 14 years
Image Credit: Supplied Dubai: After more than 14 years at the helm, the Chief Executive Officer (CEO) of National Bank of Fujairah (NBF), Vince Cook, will be stepping down from his role with effect …
National Bank of Fujaira CEO to step down after 14 years
Image Credit: Supplied Dubai: After more than 14 years at the helm, the Chief Executive Officer (CEO) of National Bank of Fujairah (NBF), Vince Cook, will be stepping down from his role with effect …
UPI payment system now accessible to Indian tourists in over 60,000 outlets across UAE
This will allow Indian tourists and non-resident Indians (NRIs) with Indian bank accounts to use UPI for payments across the Network’s POS terminals in the UAE. Without the UPI system, Indian visitors …
National Bank of Fujairah announces CEO succession
Dubai – The National Bank of Fujairah (NBF) today announced that its Chief Executive Officer, Vince Cook, will be stepping down from his role with effect from September 30th 2024, having led the bank …
UAE’s ADIB facilitated Dhs5.6bn in sustainable finance in 2023
The Islamic bank recently unveiled 2030 emissions reduction targets for six key portfolio sectors including home and auto finance …
Dh10,000 fine in UAE: Authority issues reminder for corporate tax registration deadline
Corporate tax applies to juridical persons incorporated in the Emirates and to foreign entities that are effectively managed and controlled in the country …
Dubai launches campaign to distribute free water and ice cream to 1 million workers in Dubai
The campaign, which will run until August 23, aims to benefit one million workers in Dubai, including cleaners, construction workers, delivery drivers and street and road maintenance workers, during …
Dubai announces new mixed-use development project ‘DIFC Square’
The new development is part of the Centre’s plans to strengthen its position as a premier global financial hub under its 2030 strategy The Dubai International Financial Centre has started construction …
Early Tuesday Slump in Dubai’s Gold Market
The first day of the week brought a slight dip to Dubai’s gold market, with prices opening lower compared to the previous week’s closing figures. The data, compiled by the Dubai Jewellery Group, …
Fuse Finance revolutionizes payment solutions amid UAE’s record $30bln foreign investment surge
The MENA region digital payments market projected to grow $9 billion by 2028 The UAE is poised to achieve a record $30 billion in foreign direct investment in 2024 Dubai, UAE – Fuse Financial …
Dubai continues to establish a sustainable economic model
Council, in its 27th meeting headed by Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, …
UAE central bank issures open finance regulation
The Central Bank of the UAE (CBUAE) has issued the Open Finance Regulation to ensure the soundness and efficiency of open finance services, encourage innovation, enhance competitiveness, achieve …
Dubai SME CEO Abdul Baset Al Janahi on building a global business hub
The CEO of Dubai SME shares how the entity has supported the emirate’s rise as a regional and global entrepreneurial hub …
Dubai’s Taaleem gets exclusive rights to open Harrow Schools in the region
Dubai education provider Taaleem Holdings (Taaleem) has acquired the exclusive right to own and operate UK’s Harrow International Schools Limited across the MENA region.