The UAE Securities and Commodities Authority’s approval of regulation for robo-advisory services this week will help establish a secure digital investment environment in the country, experts have said …
How Dubai residents with Dh15k-20k salary can now buy a Dh1 million house with ‘first home’ initiative
Dubai’s First-Time Homeownership Initiative offers residents earning between Dh15,000-Dh20,000 a pathway to homeownership with benefits like up to 10% discounts, flexible mortgage terms, and better …
From niche to mainstream: Why Islamic finance is critical to the UAE’s future development
Islamic finance is no longer a regional curiosity; it is becoming part of the structural foundation of global financial systems. Once confined to a handful of markets and perceived as serving a niche …
Eurasian Development Bank raises funds on the UAE Capital Market
The Eurasian Development Bank (EDB), a supranational financial institution headquartered in Almaty, Kazakhstan, has issued a private placement bond, denominated in dirhams, on the local UAE capital …
MoEI organises first customer council on mortgage release procedure after loan repayment
The Ministry of Energy and Infrastructure (MoEI) organised its first customer council meeting dedicated to discussing the mortgage release procedure after loan repayment. The meeting aimed to enhance …
Dubai first-time home owners scheme: Everything you need to know
Dubai has launched a new initiative to encourage first-time home buyers to get on the property ladder. Readers have FAQs, we’ve answered them …
NASDAQ listed DeFi company expands in the Middle East, UAE
As per the press release, the DeFi Technologies team and its subsidiary Valour, aim to support the increased institutional interest in digital assets in the GCC region and specifi …
DeFi Technologies enters MENA market with Dubai launch
The move aims to support the growing institutional appetite for digital assets in the UAE and broader Gulf region …
Eurasian Development Bank raises funds on the UAE Capital Market to finance its investment projects in Central Asia
The Eurasian Development Bank (EDB), a supranational financial institution headquartered in Almaty, Kazakhstan, has issued a private placement bond, denominated in dirhams, on the local UAE capital …
Ajman Bank and VaultsPay partner to launch co-branded payment processing solution
Ajman Bank has launched a comprehensive co-branded payment processing solution for its business clients, developed through its strategic partnership with VaultsPay, a Dubai-based CBUAE licensed …
Dubai Announces New Incentives For Residents Buying Property For The First Time
Dubai announced a new initiative on Wednesday to make it easier for residents to purchase their first home, offering exclusive benefits….
UAE, Saudi Arabia remain investor hotspots amid global uncertainty
In a world increasingly defined by geopolitical uncertainty and economic fragmentation, the Gulf region — particularly the UAE and Saudi Arabia — is emerging as a compelling destination for global …
UAE ‘exceeds obligations’ in tackling financial crime, says ambassador to EU
The European Union’s removal of the Emirates from a list of countries that pose a high risk for money laundering should take place sooner rather than later, the UAE’s ambassador to the bloc said. The …
UAE’s RAKEZ partners with ADIB to ease banking for SMEs and startups
Ras Al Khaimah Economic Zone (RAKEZ) has signed a memorandum of understanding with Abu Dhabi Islamic Bank (ADIB) to simplify bank account opening procedures for its clients, WAM reported. The …
Dubai launches landmark initiative enabling first-time homeownership
The Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET) have jointly launched the First-Time Home Buyer Programme, a major initiative aimed at making homeownership more …
Hong Kong to regain IPO crown this year, say PwC and Deloitte
Hong Kong’s IPO wave has benefited largely from policy support from the Chinese government and optimised listing rules by Hong Kong regulators that include streamlining approval processes.
Pushpa Jewellers IPO booked 2.41 times so far on the third bidding day; check GMP, other key details
Pushpa Jewellers IPO is open from June 30 to July 2 with a price band of ₹143 to ₹147 per share. The IPO has seen strong demand, with retail subscription at 3.60 times, and aims to raise ₹74 crore for …