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Tag: banking

Posted on 03/12/2025

AI is accelerating mortgage approvals for UAE homebuyers

As AI adoption accelerates, the UAE’s mortgage journey will continue to evolve into a faster, cleaner, and more transparent and seamless process, one that reflects the nation’s ambition to build one …

Posted on 03/12/2025

Family businesses in Dubai: DIFC and Emirates NBD sign strategic partnership to support UHNWIs

DIFC and Emirates NBD sign deal to enhance governance, succession planning and wealth preservation for Dubai UHNWIs …

Posted on 03/12/2025

The UAE Advantage: Why Dubai Continues to Attract Asia’s Wealth

With UHNW families now living increasingly global lives, advisers must understand not only local structures and opportunities, but also the international jurisdictions shaping client decisions. In …

Posted on 02/12/2025

Dubai real estate sector booms with AED23.8bn of transactions in the last week of November 2025, Jumeirah apartments give big boost

Dubai’s real estate sector experienced a robust week, with transactions totalling AED 23.8 billion (USD 6 billion) from November 24 to 28. Sales transactions dominated the figures, reaching AED 19.49 …

Posted on 01/12/2025

This consumer stock has tripled since its IPO in October

Ambitions Enterprise Management Co. (AHMA) was the leading gainer in the consumer sector in morning trading on Monday after it popped more than 200%. There were not any corporate announcements or SEC …

Posted on 01/12/2025

UAE Ministry of Finance to Enforce Updated Tax Procedures Law in Early 2026

The amendments aim to establish a clearer and more structured legal framework for tax obligations and procedures.

Posted on 29/11/2025

Big relief for 1,435 emiratis as UAE clears over AED 475 million in debt

The UAE has waived over AED 475 million in debts for 1,435 Emirati citizens through the Defaulted Debts Settlement Fund, in collaboration with 19 banks. Targeting low-income earners, retirees, senior …

Posted on 28/11/2025

Finance sector makes most ‘spam phone calls’ in UAE

UAE has one of the region’s lowest rates of unsolicited phone calls, but the finance sector is the biggest offender says Truecaller …

Posted on 28/11/2025

Expo City Dubai partners with Emirates NBD to enhance business banking services

Collaboration aims to streamline financial operations for Expo City licence holders and support the growth of local and international businesses …

Posted on 27/11/2025

Huru’s Quick Cash Lets UAE Workers Access up to AED 10K in Minutes

Huru has launched Quick Cash, an instant microfinance feature built for unbanked and underbanked workers in the UAE, offering up to AED 10,000 with regulated, transparent repayments.

Posted on 27/11/2025

UAE puts crypto and DeFi under central bank rule

The UAE’s new central bank law requires all crypto and DeFi platforms to be licensed, with fines of up to $272 million for unlicensed operations.

Posted on 26/11/2025

DFSA, Hong Kong Monetary Authority co-host second Joint Climate Finance Conference

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), and the Hong Kong Monetary Authority (HKMA) today hosted the second edition …

Posted on 26/11/2025

Dubai’s Tenant Mindset Flips, Betterhomes Reports 55% Now Plan Purchases Within 13 Years

Dubai’s Tenant Mindset Flips, Betterhomes Reports 55% Now Plan Purchases Within 13 Years. betterhomes has released its Future Living Report 2025, based on a survey of 1,439 Dubai residents, revealing …

Posted on 26/11/2025

UAE to strengthen its global status as financial dialogue destination

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has affirmed that its efforts to host SIBOS 2029, the world’s …

Posted on 25/11/2025

Dubai: New initiative aims to boost financing options for first time property buyers

Dubai’s real estate market continues to soar, attracting a growing wave of investors. Yet, one persistent challenge has been the lack of mortgage options for off-plan properties—a norm in the UAE …

Posted on 25/11/2025

UAE and Japanese financial institutions buy big stakes in Indian banks

Global financial institutions, particularly from the United Arab Emirates (UAE) and Japan, are buying big stakes in Indian banks as the government relaxes restrictions on foreign entities acquiring …

Posted on 25/11/2025

Dubai rental pressures push tenants toward ownership as 55% plan to buy

Tenant purchase intent in Dubai has surged from 25% to 55%, driven by rents, mortgages and long-term residency plans …

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