Tag: banking

Fitze, a fitness rewards app that rewards people for walking, and Dubai Islamic Bank (DIB), a trailblazer in the financial sector of the UAE have joined forces to introduce a groundbreaking initiative …

Gllit is the first Dubai-based proptech startup committed to making real estate transactions affordable with its commission-free platform. By enabling direct connections between property buyers, …

Ramadan has long been regarded as one of the best times of the year to buy a new car, driven by bargain-hunting consumers looking for the best deals to save money on a new set of wheels. New and used …

Still, Russian entities setting up bank accounts are now more likely to face scrutiny from local banks as the UAE comes under increased US pressure to tackle potential sanctions evasion, according to …

An investor who says he’s a relative of Dubai’s ruling family has abruptly delayed plans to open a family office in Hong Kong just days after making a pledge to expand in the Asian financial hub.

Russian oil companies are encountering significant delays in receiving payments for their crude oil and fuel shipments due to heightened scrutiny by …

Intellistocks, a premier global financial advisory firm, is honoured to announce its consecutive win as the ‘Best Wealth Manager for the UAE’ at the prestigious World Finance Award-UK for the year …

As Dubai’s booming luxury property market hits new highs, property experts advise both sellers and buyers to strategically time their moves for maximum gains based on location, condition, and investme …

The potential IPO of ALEC comes amidst a robust property market in Dubai, driven by strong demand for both commercial and residential real estate. As deliberations continue, market observers eagerly …

The UAE government is disbursing higher pension payments for the month of March compared to a year ago, as the number of beneficiaries has increased. The General Pension and Social Security Authority …

Trowers & Hamlins, Al Tamimi & Co, Stephenson Harwood and Ashurst have all taken steps to build in the Middle East. Trowers & Hamlins has reinforced its real estate presence in the Middle East with …

Dubai Investments has announced a 287-unit, 27-floor residential unit in Jumeirah Village Circle (JVC). The investment company, listed on the Dubai Financial Market (DFM), will put up AED300 million …

Four UAE banks helped Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, raise a $1.16-billion (Dh4.25-billi …

The UAE’s Islamic Treasury Sukuk (T-Sukuk) auction of 1.1 billion dirham ($299.5 million) was oversubscribed more than seven times and received bids worth AED7.83 billion for the three-year and …

According to a senior executive at Roland Berger, UAE bank branches are experiencing the highest revenues in the region, averaging USD18.6 million pe …

Abu Dhabi Islamic Bank (ADIB), the leading financial institution, has contributed AED 3 million in support to the Mothers’ Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al …

Dubai real estate startup Huspy has revealed new mortgages in the UAE with rates under 4 percent, making it lower than the current Emirates Interbank Offered Rate (EIBOR) benchmark. The company said …