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Tag: banking

Posted on 29/06/2025

As Dubai Residential REIT launches its IPO, here is what to know about investing in REITs – MSN

The debut of the Dubai Residential REIT, the region’s first listed real estate investment trust focused exclusively on residential leasing, marks a significant moment in the evolution of the UAE …

Posted on 29/06/2025

Dubai’s biggest lender Emirates NBD to start charging for remittances to certain countries

Emirates NBD, Dubai’s largest bank by assets, will start charging fees for international transfers made to certain countries through its app or online banking platform from September 1.The bank will …

Posted on 28/06/2025

Future of Finance 2024 | Dubai Webinars – Bloomberg.com

Join us at the Future of Finance Dubai to explore the Middle East’s evolving role in global markets, driven by technological innovations, private market growth, and regulatory developments …

Posted on 28/06/2025

Young investor programme in UAE to teach key financial skills to 75,000 school students

In the United Arab Emirates, a new initiative aims to educate young students about finance. The ‘Young Investor Programme’, by National Bonds and Knowledge Fund Establishment, targets 75,000 students …

Posted on 28/06/2025

UAE schools to train 75,000 students on real-world money skills under ‘young investor programme’

The UAE’s ‘Young Investor Programme’, launched by National Bonds and the Knowledge Fund Establishment, aims to equip 75,000 students across 50 schools with essential financial skills. Through a blend …

Posted on 28/06/2025

Dubai’s biggest lender Emirates NBD to start charging for remittances

Emirates NBD, Dubai’s biggest bank by assets, will start charging fees for international transfers made via its app or online banking from September 1. The bank will charge a fee of Dh26.25 for …

Posted on 28/06/2025

UAE: 75,000 students to learn saving, budgeting under ‘young investor programme’

The programme blends classroom-based learning with immersive, real life training, offering students a unique and interactive pathway to understanding personal finance.

Posted on 28/06/2025

UAE: No free remittances for Emirates NBD customers from September

DirectRemit is a digital money transfer service that allows customers to make remittances to India, the Philippines, Pakistan, Sri Lanka, Egypt and the United Kingdom in less than 60 seconds.

Posted on 27/06/2025

Pine Labs files for IPO in India to raise $303m

The prospectus also reveals that Pine Labs may consider a pre-IPO placement worth up to Rs 5.2bn, set for listing on NSE and BSE.

Posted on 27/06/2025

Dubai approves new reforms: How they impact education, eco standards

The new Governance Policy for Government Construction Projects introduces a tiered system for project evaluation and financial planning …

Posted on 27/06/2025

UAE bans bank from accepting new customers for 6 months, fines it Dh3.5 million

Central Bank of the UAE has taken regulatory action against a bank operating in the country by suspending its onboarding of new customers under its Islamic Window for a period of six months.

Posted on 27/06/2025

UAE raises $300m in June 2025 Islamic T-Sukuk auction, oversubscribed 5.6 times

The UAE Ministry of Finance (MoF) has announced the successful completion of its June 2025 auction of Islamic Treasury Sukuk (T-Sukuk), raising AED1.1bn ($300m) as part of its broader 2025 issuance …

Posted on 26/06/2025

Hedge Fund Magellan Capital’s Office Searched by Dubai Regulator

Dubai’s financial regulator conducted a search last month at the offices of Magellan Capital Limited, following complaints from a former trader who claimed a senior executive at the hedge fund startup …

Posted on 26/06/2025

Dubai-Based idea-L® Raises $1M in Oversubscribed Pre-Seed to Launch AI-Powered Cofounder Platform Across the Middle East.

Peter Goodwin, CEO & Founder (middle); and Mark Hill, CLO & Co-Founder (right) DUBAI, UAE — idea-L®, the artificial intelligence (AI) and Web3-powered platform that turns ideas into investor-ready …

Posted on 26/06/2025

Hottest investment trends in the UAE: Watch our latest Breakfast Briefing panel event

From global mobility and residence-by-investment to IPO outlooks and the great wealth transfer, this Gulf Business panel event in Dubai on June 25 brought together leading voices to decode the UAE’s …

Posted on 26/06/2025

Dubai selection to host SIBOS 2029 confirms global confidence in UAE’s leading position: UBF

UAE Banks Federation (UBF) has reaffirmed that the selection of Dubai to host SIBOS 2029, the annual conference, exhibition and networking event organised by the Society for Worldwide Interbank …

Posted on 26/06/2025

Dubai Taxi IPO price range values company at up to $1.25 bln; strong demand expected – Reuters

Dubai Taxi Company (DTC) on Tuesday kicked off the subscription period for its upcoming initial public offering (IPO), which could raise up to around $316 million, with investors expecting healthy …

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