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Tag: banking

Posted on 25/11/2025

UAE aims to go international with Airtel Money IPO: IFR

So far only Citigroup has been mandated as a global coordinator and has been overseeing work with the UAE regulator …

Posted on 25/11/2025

Du Pay surpasses AED 1.5bln in digital transactions in less than 2 years as UAE accelerates towards cashless economy

Leading fintech platform empowers financial inclusion while supporting Dubai’s vision for 90% cashless transactions by 2026 …

Posted on 25/11/2025

UAE banks’ gross assets increase by 2.2% in the past one month

The Central Bank of the UAE releases money-supply related data in its Monetary & Banking Developments – September 2025 …

Posted on 25/11/2025

Saudi, UAE school operator Almasar Alshamil’s retail IPO raises $47.9mln

Almasar Alshamil Education Company, a provider of specialised education in the GCC, has raised SAR 179.7 million ($47.9 million) in the retail tranche of its Tadawul IPO.

Posted on 25/11/2025

UAE Endorses $150 Billion ADNOC Plan as Reserves Jump and Gas Output Expands

Held inside the operations control room of ADNOC Gas, which supplies 60% of the UAE’s natural gas needs, the meeting underscored the strategic role of Habshan in powering the na …

Posted on 25/11/2025

UAE overhauls financial regulation with sweeping new central bank law

The UAE has taken a bold step towards modernising its financial regulatory landscape with Federal Decree-Law No. 6 of 2025, the New CBUAE Law. This replaces the 2018 Central Bank Law and consolidates …

Posted on 24/11/2025

Nadim Zidan: Inside Dubai’s Rise as a Magnet for Global Wealth

Entrepreneur Nadim Zidan breaks down why Dubai has become the epicentre of global wealth migration—from visionary policies and tech-driven growth to real estate dynamism and the emirate’s unmatched …

Posted on 24/11/2025

ALEC Holdings’ historic entry on the DFM secures the UAE’s largest-ever construction IPO

The IPO was fully subscribed, demonstrating strong demand and underlining the strength of ALEC’s market position …

Posted on 24/11/2025

Dubai Police warn against promotion of deceptive investment offers

The Dubai Police’s Anti-Fraud Centre, which is part of the General Department of Criminal Investigation, has warned the public against dealing with companies …

Posted on 24/11/2025

New shared bank account lets UAE families track spending, save together

Introduced ahead of the UAE’s upcoming Year of the Family, the service lets two account owners called Family Leads open a shared bank account and invite children, teenagers, helpers or relatives to …

Posted on 24/11/2025

UAE banks’ assets rise to Dhs5.2 trillion at end of September 2025: CBUAE

Gross banks’ assets increased by 2.2 per cent from Dhs5,087.0 billion at the end of August 2025 to Dhs5,199.9 billion at the end of September 2025, …

Posted on 24/11/2025

Wio Bank launches Wio Family, the UAE’s first shared banking experience for families

Abu Dhabi, UAE: Wio Bank has launched Wio Family, the UAE’s first fully shared banking experience – and a movement that rethinks how families save, spend, and plan together. Wio Family offers shared …

Posted on 24/11/2025

MoF concludes field visits programme under ‘Leaders of Finance’ initiative

The Ministry of Finance (MoF) concluded its Field Visits to Financial Institutions programme, held under the Leaders of Finance initiative in partnership with local finance departments, international …

Posted on 24/11/2025

Revolut steps up UAE build-out, eyes 2026 launch pending full licence – GCC CEO

GCC chief Ambareen Musa says Revolut is in “day zero build mode” in the UAE, completing governance and licensing requirements and hopeful for a 2026 launch subject to regulatory approval …

Posted on 24/11/2025

Department of Finance officials hail Dubai’s people-centric budget

Officials also praise disciplined fiscal policies, government spending efficiency, innovation in revenue collection systems and enhanced service quality …

Posted on 24/11/2025

Dubai approves record Dhs302.7bn budget cycle for 2026–2028

The budget has set expenditure at Dhs99.5bn, focused on development projects linked to the Dubai Plan 2033 and the Dubai’s D33 agenda …

Posted on 24/11/2025

With his people in mind, Sheikh Mohammed approves Dubai’s future-focused budget

Approval for general budget for fiscal years 2026-28 and for FY2026; 28% expenditure in 2026 allocated to social development sectors, 48% to infrastructure investments …

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