Dubai Islamic Bank (DIB) delivered another strong performance in the first half of 2025, achieving a 16 per cent year‑on‑year rise in pre‑tax profit to Dh4.3 billion as operating revenue climbed to …
CBUAE imposes financial sanction on finance company
The Central Bank of the UAE (CBUAE) imposed a financial sanction of amount AED600,000 on a finance company, pursuant to Article (137) of the Decretal Federal Law No. (14) of 2018 regarding the Central …
Tally Solutions launches FinTAXtic1000 to upskill 1,000 finance professionals in the UAE
UAE – Tally Solutions, a leading international business management software provider, recently hosted the first edition of FinTAXtic1000, an upskilling initiative to train 1,000 finance professionals …
UAE Central Bank imposes Dh600,000 fine on a finance company
Investigations revealed that the company failed to comply with the market conduct and consumer protection regulations …
Al Maryah Community Bank partners with Al Fardan Exchange to expand account deposit services
This initiative reflects Mbank’s continued commitment to making banking services more accessible and user-friendly for everyone in the UAE …
Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO – MSN
Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in a deal that will rank as one of the region’s biggest of the year.
Parkin To Introduce Smart, Community-Centric Parking Solutions To Enhance Mobility Across Key Communities In Dubai
Dubai Holding is a diversified global investment company with investments in more than 30 countries and a combined workforce of more than 45,000 people. Established in 2004, Dubai Holding touches the …
Rokos’ Hedge Fund to Open Abu Dhabi Office in Mideast Push
Chris Rokos’ $22 billion hedge fund is planning to open an office in Abu Dhabi next year, joining the rush of money managers setting up outposts in the region.
Open bankingplatform Tarabut gets in-principle nod from UAE central bank
The platform’s technology facilitates the use of customer-permissioned financial data by regulated financial institutions.
Invest Africa and UAE to Host Africa Debate 2025, Driving UAE–Africa Ties
With investments exceeding $110 billion between 2019 and 2023, the UAE has emerged as Africa’s largest foreign investor, with $72 billion alone committed to renewable energy projects.
Inveniam and MANTRA partner to develop real-world asset ecosystem in UAE and US
Inveniam invests $20M in MANTRA to build a real-world asset ecosystem, boosting tokenized RWA solutions in the UAE and US.
Fintech Alaan Raises $48 Million to Equip MENA Finance Teams With AI Agents
With its proprietary AI-powered corporate cards, Alaan has saved more than 1.5 million hours for businesses and has supercharged finance teams looking for a technological edge in saving time and money …
United Arab Emirates: Central Bank Seeks to Reassure Markets
Amid booming property markets and mounting global uncertainties, the UAE Central Bank is seeking to calm nerves. Its latest Financial Stability Report shows banks are flush with liquidity and …
Lulu IPO: UAE retailer to list 25% shares on ADX – MSN
The UAE retail giant Lulu Group plans to list 25 per cent of its share capital on the Abu Dhabi bourse, the latest company seeking to capitalise on the continued economic momentum and listing boom …
“We Got Funded!” UAE-Based Fintech Alaan Raises a US$48 Million Series A Round
The funds will accelerate Alaan’s expansion in Saudi Arabia and power the next phase of its growth, focused on AI-driven finance automation.
Alaan Raises US$48 Million To Equip MENA Finance Teams With AI
Alaan, the UAE-based spend management platform for businesses, has secured US$48 million in a heavily oversubscribed Series A round—one of the largest in the region’s history. The raise was led by ven …
UBF highlights importance of Ijarah of identified tangible assets’ standard in strengthening Islamic finance
AAOIFI aims to develop this standard as a clear and integrated framework to regulate Ijarah contracts of identified tangible assets …