The Central Bank of the UAE has launched the Minimum Viable Product (MVP) platform of the mBridge project – a multi-central bank digital currency common pl..
Dubai Islamic Bank pledges $2.94mln to support ‘Dubai Schools’ project
Dubai Islamic Bank has signed a cooperation agreement with the Knowledge Fund Establishment to support the ‘Dubai Schools’ project with a pledge amounting to AED11 million. The move seeks to help …
Desert Dream: Indians take a shine to Dubai’s Golden Visa
Dubai’s robust economy offers a wide range of job prospects across various industries, including finance, real estate, technology, and tourism, making it an attractive destination for skilled Indian …
Hero Royal Marine who received the George Cross held prisoner in Dubai accused of spying
Former Royal Marine Matt Croucher who previously was awarded the George Cross for his service in Afghanistan was arrested in Dubai over spying allegations …
Explained: What is the UAE’s new Jaywan card and what are its benefits?
Jaywan is the UAE’s first national domestic card programme. It is owned and operated by Al Etihad Payments, the country’s new national payments entity, which is a subsidiary of the UAE Central Bank.
UAE climbs to 6th in world for international tourist spending with $51.9bn receipts
The UAE has risen from 13th to 6th globally on the list of top earners from international tourism, after logging $51.9bn in international tourism receipts, UN Tourism’s May 2024 World Tourism …
UAE Central Bank Approves Issuance of Stablecoin Regulation
According to recent reports, the Central Bank of the UAE approved the issuance of a regulation for licensing and overseeing stablecoins and a series of policies aimed at supporting the banking, …
UAE seeks ‘marriage’ with US over artificial intelligence deals
Dubai plans to increase its data centre capacities to host the cloud computing needed for AI and wants to foster AI “clusters” of companies around established industries such as finance. “There is a …
UAE’s enhanced ratings in Global Anti-Money Laundering Risk Index raise confidence in economic, financial sectors
Results are a global recognition of the UAE’s record efforts combating money laundering and the financing of terrorism …
UAE’s enhanced ratings in Global Anti-Money Laundering Risk Index enhance confidence in economic, financial sectors
The United Arab Emirates’s improved rating in a global risk index has given the financial services sector a boost, reflecting the country’s advancements in combating money laundering and the financing …
Etihad CEO Says Plans Progressing for Possible Stock Listing
Etihad Airways is moving along with a possible initial public offering, the first for a major airline in the Middle East, in a listing that would help the Abu Dhabi flag carrier raise additional funds …
How to get 10% interest rates with UAE digital bank Liv
UAE digital bank Liv announces gamified fixed deposit interest rates of up to 10 per cent for correctly predicting football scores …
Real Housewives Of Dubai: Chanel Ayan lashes out at Sara Al Madani for accusing her of playing victim after sharing female genital mutilation story
Sergio is dying.’ ‘Building a house in Dubai is very, very stressful,’ Caroline said a confessional. ‘Getting a mortgage is like winning the lottery here. Because I’m 46, I had to do a full body …
UN calls for ‘serious progress’ in finance at first climate change talks since Cop28
Simon Stiell warns the world is heading for increase in global temperatures of 2.7°C above pre-industrial levels …
Etihad Airways getting ready for a possible IPO: CEO Neves
No timeline has been set, but Antonoaldo Neves, Chief Executive Officer of Etihad, told Bloomberg TV on the sidelines of the IATA annual general meeting in Dubai: “We are working very hard to make it …
Dubai financial regulator updates crypto token rules for funds
The Dubai Financial Services Authority (DFSA) has announced amendments to its cryptocurrency token regime to enhance and advance the regulatory framework for tokens within its special economic zone.
Emirates Development Bank is the highest rated bank in the UAE and MENA region
Upgraded rating marks a historic moment for the UAE’s banking industry and is a testament to the rapid strides the UAE has made in strengthening its global competitiveness Abu Dhabi, United Arab …