GCB Bank has marked a milestone in its digital transformation journey with an official awards ceremony recognizing recipients of its “Tap, Refer & Fly” Digital Loyalty Campaign, held at its Head …
Dubai school fees soar by up to Dh5,000: How are parents coping with the hike?
Dubai parents are facing increased school fees following KHDA’s approval of a 2.35% rise in the Education Cost Index. While some families experience manageable hikes, others face substantial increases …
EU Cuts UAE From Money Watchlist, Flags Monaco
The European Commission cited the UAE’s removal from the Financial Action Task Force’s gray list last year as the basis for its delisting, pointing to a series of reforms the Gulf state has committed …
UAE banks post strong Q1 profit on lending and deposits
Aggregate net income rose 8.4% to AED22.2bn even as the IMF cut its 2025 GDP forecast and credit demand stayed weak …
Dubai real estate: Property sales jump 15% in May 2025 as market value hits $14.8bn
The market performance has been driven by investor confidence, end-user demand, and interest in both off-plan and ready properties in Dubai …
Vijay Shekhar Sharma at Dubai FinTech Summit: Redefining payments with PayTM’s QR code innovation
At the Dubai FinTech Summit 2025 held in May, a fireside chat with Vijay Shekhar Sharma, the founder and CEO of PayTM, took a deep dive into his entrepreneurial journey …
MoF graduates Emirati cadres specialised programmes in financial sustainability, accounting
The Ministry of Finance (MoF) has organised a graduation ceremony for a group of federal government employees who successfully completed a series of specialised programmes and diplomas in financial …
UAE gives firms until July 1 to hire Emiratis or face fines
The UAE has given companies until the end of this month to hire Emiratis or face fines. The Ministry of Human Resources and Emiratisation (MoHRE) renewed its call to private sector companies employing …
Dubai Investments renews liquidity provider agreement with xCube
Dubai Investments continues to pursue strategic initiatives that enhance shareholder value and market performance …
Ministry of Finance Graduates Emirati Cadres specialised programmes in financial sustainability and accounting
In line with its strategic vision to develop national talent capable of leading the future of public financial management …
Talent shortage in finance a serious issue, says AURAK; Stresses need for more focused programs
The university’s popular Bachelor in Business Administration (major in Finance) pursues its vision to mold new-age finance professionals …
Stablecoin issuer Circle targets UAE’s $44bn remittance corridor
Stablecoin issuer Circle, fresh off a $1 billion initial public offering on the New York Stock Exchange, is in early talks with money-transfer houses in the UAE to plug its USD Coin (USDC) into one of …
NewGen Announces Planned US$45 Million Strategic Investment in UAE Real Estate Market
The Company’s initial investment into the Emirate of Ras Al Khaimah comes ahead of major tourism and infrastructure developmentsNewGen plans to diversify via additional real estate investments in Abu …
Nasdaq Dubai welcomes ICBC’s multi-currency Green Bond listings totalling US$1.72 billion
Nasdaq Dubai today welcomed the listing of three Green Bond issuances totaling US$1.72 billion by Industrial and Commercial Bank of China Limited (ICBC). The bonds were issued under the bank’s US$20 …
OpenAI in discussions with UAE’s MGX, Saudi’s PIF for its $40bn funding
OpenAI, which recently said it aims to raise US$40 billion in financing at a valuation of US$300 billion, has reportedly been in talks with the UAE’s MGX, an existing shareholder; Saudi Arabia’s …
Dubai RWA apartment sells in under 2 minutes
PRYPCO Mint and DLD have sold so far $1.306 billion worth of tokenized property in Dubai and the future will see more.
Dubai real estate delivers AED 54.5bln in May sales with 15% growth across sales and leasing
Strong investor confidence, rising end-user demand, and consistent interest in both off-plan and ready properties have propelled the market forward …