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Tag: banking

Posted on 07/09/2025

Millionaire migration: Where are the rich moving and why is Dubai a money magnet?

According to the Henley Private Wealth Migration Report 2025, roughly 142,000 millionaires are expected to relocate globally in 2025. “It reflects a deepening perception among the wealthy that greater …

Posted on 07/09/2025

Dubai set to be hedge fund hub as 60 firms eye DIFC move amid $4.8tn …

Dubai International Financial Centre has seen massive 692 per cent increase in value of cases in first six months of the year Dubai is set to become a global hub for hedge funds, with more than 60 …

Posted on 07/09/2025

The ‘invisible kingpin of data centres’ riding the Gulf’s AI boom

Dubai-based Zachary Cefaratti has become a go-to dealmaker who connects Middle Eastern money to Silicon Valley …

Posted on 07/09/2025

Dubai Debuts Blockchain Mortgage System – NMP

According to a report in the UAE publication The National, Dubai Land Department (DLD) and UAE lender Mashreq Bank have launched a blockchain-based electronic mortgage system designed to increase the …

Posted on 06/09/2025

Etihad Airways CEO says airline ‘ready to IPO anytime’, waiting on shareholders

The UAE national carrier reported its strongest-ever half-year performance, delivering record profitability and passenger numbers in the first six months of 2025 …

Posted on 05/09/2025

Dubai in September: where Wall Street meets the Global South

Dubai is back! After the languid torpor of summer, when half the city decamped to Europe or simply hibernated indoors, September brings the great return — and with it, the traffic. Where were all …

Posted on 05/09/2025

FAB Leads Gulf with $50m Blue Bonds for Sustainable Finance

Tanguy Claquin, Global Head of Sustainability, Crédit Agricole Corporate and Investment Bank, says: “Crédit Agricole CIB is proud to support First Abu Dhabi Bank as Sole Dealer on this landmark ‎Blue …

Posted on 05/09/2025

Khazna Data Centers bags $2.6bn bank financing

Khazna Data Centers has secured $2.62 billion in bank financing to grow its data center empire. The UAE-based firm has secured funding from two of the country’s banks, Abu Dhabi Commercial Bank (ADCB) …

Posted on 05/09/2025

UAE to match Saudi volume in busy end to year: IFR

The coming months should see activity in the UAE keep pace with regional leader Saudi Arabia in terms of dollar volume …

Posted on 05/09/2025

UAE banks prepare for a passwordless future

Passkeys eliminate frustrations: delayed SMS messages, expired codes, repeated calls to customer service. Biometric login is fast, familiar, and frictionless.

Posted on 04/09/2025

Mideast Gas Firm Said Poised to Hire Rothschild to Explore IPO

Middle Eastern specialty gas manufacturer Gulf Cryo is poised to hire Rothschild & Co. to explore options including an initial public offering, according to people familiar with the matter.

Posted on 04/09/2025

UAE Warns Israel Annexing West Bank Would Undermine Abraham Accords

The United Arab Emirates warned Israel that annexation of Palestinian territory in the West Bank would constitute a “red line” and “severely undermine” the regional vision for peace and integration …

Posted on 04/09/2025

OQ Trading Welcomes UAE’s Expansion of Qualifying Activities for Corporate Tax in Free Zones

OQ Trading (OQT), an international commodity trading company wholly owned by the Oman Investment Authority and headquartered in the Dubai International Financial Centre (DIFC), welcomes the recent …

Posted on 04/09/2025

UAE, UK conclude strategic dialogue on combating illicit finance

The 2-day visit underscored the deep and strategic partnership between the UAE and the UK in safeguarding the international financial system and disrupting illicit financial networks that enable serio …

Posted on 04/09/2025

S’pore swim school Fitness Champs to launch $19.3m IPO on Nasdaq, plans Dubai expansion

Most of the funds raised will go towards launching its Dubai operations. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/09/2025

QCP expands to UAE with crypto trading license

QCP Group (QCP), a crypto trading entity has received a Financial Services Permission (FSP) license from the Abu Dhabi’s International Financial Centre (ADGM).

Posted on 04/09/2025

UAE clarifies new corporate tax rules for free zones: What Businesses need to know now

The UAE has introduced new corporate tax rules for free zones, clarifying qualifying activities and pricing benchmarks to enhance transparency and tax compliance. Understand the updated regulations …

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