Mr Gupta’s remarks underscore the growing importance of Dubai, which is emerging as a favoured destination for hedge funds and financial firms, drawn by its ease of doing business, tax-free status and …
UAE participates in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee
The United Arab Emirates, represented by the Ministry of Finance, participated in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee yesterday, which was held in Muscat, Oman, …
Emirates NBD and DIFC collaborate to support Dubai Economic Agenda D33
Through this collaboration, the DIFC aims to support Emirates NBD’s priorities through various ongoing initiatives including the DIFC FinTech Launchpad, DIFC Virtual Hub and DIFC Events agenda – each …
Dubai’s VARA Gives Highly Coveted Initial Approval to MaskEX, Gives Green Light to Start Making Provisions for Launch in the UAE
MaskEX, a next-generation cryptocurrency exchange, has announced that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to begin making preparations for its …
UAE issues important notice for designated non-financial businesses, professions
The Ministry of Economy alerts to the start of the Money Laundering and Terrorist Financing Risk Assessment Data collection exercise UAE issues important notice for designated non-financial businesses …
DBS is considering expansion in Dubai, CEO Piyush Gupta says
Gupta’s remarks underscore the growing importance of Dubai, which is emerging as a favourite for hedge funds and financial firms.
Emirates NBD to collaborate with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33
Letter of Intent signed at Dubai FinTech Summit 2023 by Arif Amiri CEO of DIFC Authority and Abdulla Qassem, Group Chief Operating Officer, Emirates NBD …
Revolutionizing The Future Of Banking: Industry Experts Convene At MEBIS 2023
On the 17th and 18th May at the Jumeriah Emirates Towers, Dubai, UAE, the financial industry will once again congregate at the 14th Edition of the Middle East Banking Innovation Summit (MEBIS). Well …
Singapore’s DBS considers plans to expand presence in Dubai
Singapore’s DBS Bank, one of the biggest lenders in Asia, plans to boost its presence in Dubai and use the emirate as a hub to better access other markets and source business in the broader Middle …
Creative Zone, Wio Bank, and the University of Birmingham in Dubai launch Start-up Academy
Start-up Academy is a concept initiated by Creative Zone, Wio Bank, and the University of Birmingham in Dubai offering a 32-week intensive online workshop aimed at …
HAYAH, Assurly join forces to revolutionize the UAE’s mortgage insurance market
The two companies’ Memorandum of Understanding (MOU) comes after a period of significant growth in the UAE’s real estate market, particularly in Dubai, with experts forecasting further expansion …
Ripple CEO Mulls Dubai Expansion, Estimates SEC Lawsuit Cost Around $200M
“With the SEC, we… will have spent $200 million defending ourselves against a lawsuit, which from its very beginning… doesn’t make a lot of sense,” Ripple’s CEO said.
UAE participates in 68th meeting of GCC Undersecretaries of Ministries of Finance Committee
The United Arab Emirates, represented by the Ministry of Finance, participated in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee yesterday, which was held in Muscat, Oman.
UK Pound Set To Gain Further Against UAE Dirham After Hitting A One-Year High
The British pound, which hit a one-year high against the UAE dirham and the US dollar this week, is set to gain further as the European economy perf …
Tarabut Gateway partners with Visa to accelerate growth and redefine open banking in MENA
The partnership aims to merge their capabilities and launch innovative products and solutions for the MENA market …
Dubai Islamic Bank
Dubai Islamic Bank PJSC engages in the provision of banking and financial services. It operates through the following segments: Consumer Banking, Corporate Banking, Real Estate Development …
FinTech can help UAE achieve 7% annual growth to support its 2031 target to double economy
FinTech is among the sectors that could help the UAE achieve its aim of posting another year of 7 per cent growth this year, repeating last year’s economic performance, the Minister of Economy has …