Circle ( CRCL, Financials ), the issuer of USDC, saw its shares jump 245% in its debut weekan explosive public market entrance that could set off a wave of crypto IPOs, according to a new report from …
EU removes UAE from ‘high-risk’ money-laundering list
EU removes UAE from UAE from high-risk money-laundering risk as the country makes efforts to strengthen financial regulations …
Dh339 million in fines as UAE launches major money laundering crackdown
The UAE is aggressively combating financial crimes, imposing over Dh339 million in penalties on financial institutions for AML/CFT failures. The Central Bank of the UAE has been actively issuing …
World Bank raises UAE growth forecast for 2025 and 2026
The World Bank has raised its economic growth forecasts for the UAE for 2025 and 2026, citing robust expansion in both hydrocarbon and non-oil sectors. This growth is expected to offset the negative …
UAE: First finfluencers hail new licence, say will reduce misinformation
Regulating financial advice given on social media will help reduce misinformation, UAE’s first finfluencers said to Khaleej Times days after the Securities and Commodities Authority (SCA) licensed …
Ministry of Finance hosts awareness session for Emirati students in China on career opportunities in international financial organisations
The Ministry of Finance, in collaboration with the UAE Consulate General in Shanghai and the New Development Bank, organised an awareness session for Emirati students studying in China as part of the …
Circle’s Blockbuster IPO Signals Major Crypto Public Offering Wave, Bybit Analysis Shows
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, features Circle’s successful initial public offering (IPO) in the latest …
UAE Ministry of Finance hosts awareness session for Emirati students in China
Shanghai: The Ministry of Finance, in collaboration with the UAE Consulate General in Shanghai and the New Development Bank, organised an awareness session for Emirati students studying in China as …
Nasdaq Dubai welcomes listing of $500 million AT1 Sukuk by Sharjah Islamic Bank
Nasdaq Dubai today welcomed the listing of a US$500 million Additional Tier 1 (AT1) Sukuk issued by Sharjah Islamic Bank (SIB).The perpetual, non-call six-year AT1 Capital Certificates were issued by …
Sacheerome IPO booked 17 times on Day 2 so far, GMP points to 29% listing pop
The Rs 61.62 crore Sacheerome IPO consists entirely of a fresh issue of 60.41 lakh shares. Retail investors must apply for a minimum of 1,200 shares, translating to an investment of at least Rs …
Ajman Bank signs partnership with Azimut Group to offer investment advisory and opportunities to its clients
The agreement brings together Ajman Bank’s growing wealth platform with Azimut’s international investment expertise …
Nasdaq Dubai welcomes listing of $500mln AT1 sukuk by Sharjah Islamic Bank
Dubai: Nasdaq Dubai today welcomed the listing of a USD 500 million Additional Tier 1 (AT1) Sukuk issued by Sharjah Islamic Bank (“SIB” or “the Bank”).
Majed Julfar is back with Deutsche Bank as Chief Country Officer
Also named Head of Corporate Coverage for the Middle East and Africa region; Was with Etihad Credit Insurance for the last six years …
‘Magnet for hedge funds’, the UAE could change the $4.5tr global industry
New IG Prime report says Dubai and Abu Dhabi are expected to see the most hedge fund growth, and increase pressure on global regulators with their rules …
Dubai Police recognised as the world’s strongest police brand
Dubai Police has been ranked the strongest police brand globally, topping the Institutional Brand Value Index issued by Brand Finance.
Dubai Police ranked world’s strongest police brand, earns AAA+ rating
Dubai Police has been recognized as the world’s strongest police brand by Brand Finance, achieving a AAA+ rating and a score of 9.2 out of 10. The force excelled across 11 reputation criteria, …
Real estate, transport sectors drive Dubai corporates’ Q1 profit surge
Dubai-listed companies kicked off 2025 with a solid earnings season, reporting a 6.3 per cent year-on-year rise in net profits during the first quarter. Total net earnings reached $6 billion, up from …