Tag: banking

Thinking of starting a business in the UAE? You’re in the right place! The UAE is a booming hub for entrepreneurs, offering a wealth of opportunities across various industries. Whether you’re a …

A suspected attack by Yemen’s Houthi rebels struck a ship in the Red Sea early Friday, causing damage to the vessel, authorities said. The attack off the …

Entities seeking to raise funds through the Dubai Financial Market (DFM) attracted a total of AED 34.5 billion ($9.4 billion) in proceeds from initial public offerings (IPOs) in the last three years, …

Bitgert’s strategic partnerships with Chainlist, Forward, and OKX, among others.UAE, Dubai – March 15, 2024 — Bitgert Coin has forged a …

Hedge fund Walleye Capital is eliminating about a dozen employees, including the head of its global discretionary macro business, as it restructures operations, people familiar with the matter said.

In the last quarter of 2023, the UAE’s government revenues stood at AED 155.9 billion, marking a 9% increase compared to the same period in 2022, as per the preliminary data from the finance ministry.

The launch of Sanadak, the first ombudsman unit to handle consumer complaints, is a landmark move reinforcing the nation’s status as a leading financial and banking center, the UAE Banks Federation …

“The UAE government is keen to diversify its revenue sources, while also ensuring optimal use of financial resources and improved efficiency of government spending,” said Younis Al Khoori, …

The UAE Ministry of Finance (MoF) on Thursday published the preliminary results of the UAE Government Finance Statistics Report for the fourth quarter of 2023, unveiling that the government’s revenues …

Parkin, the company set up by Dubai to oversee parking operations in the emirates, has raised Dh1.57 billion ($429 million) from its initial public offering, the first in the UAE this year, which …

The new bank was recently listed on the third market of the Muscat Stock Exchange Dubai: Oman launches a new investment bank, The Oman Investment bank, the first specialised investment bank, to help …

Alef Education, an Abu Dhabi-based edtech firm, has picked EFG Holding and First Abu Dhabi Bank to work on its planned initial public offering, according to people familiar with the matter.

Setting a new IPO record in Dubai’s financial market, the company will be the largest provider of paid parking facilities and services in the emirate …

The UAE’s financial system is more secure and efficient than ever before on the back of technological and structural advancements, the Central Bank of the UAE (CBUAE) said. The apex bank said the …

Mitgo Group has acquired the UAE-based embedded finance platform “Embedded” for undisclosed value. Founded in 2023 by Oleg Chanchikov, Embedded offers embedded financial services, which will augment …

DIFC introduces world-first law on the regulation of digital assets and security for investors and businesses in Dubai …

The annual tournament organised by UAE Banks Federation, saw Dubai Islamic Bank win the first place, with HSBC Bank in second place and Sharjah Islamic Bank team in third place …