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Tag: banking

Posted on 12/09/2025

Dubai issues first mortgage law to regulate sector

DUBAI – His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has issued a new mortgage law as part of moves to regulate Dubai’s booming …

Posted on 11/09/2025

Dubai Investments Seeks to Ride Property Boom With Unit’s IPO

Dubai Investments PJSC is in talks with banks to list a unit that operates one of the emirate’s largest mixed-use real estate developments, seeking to capitalize on surging property demand.

Posted on 11/09/2025

Wedding Economy Play? Shringar House Of Mangalsutra IPO Oversubscribed On Day 2

Shringar House of Mangalsutra’s IPO has witnessed strong investor demand in its second day of bidding, with shares trading at a grey market premium (GMP) of about 16%. The company plans to raise ₹401 …

Posted on 11/09/2025

Klarna could trigger a fintech IPO boom but can London benefit?

Klarna’s hot debut on the New York Stock Exchange has opened the doors for a flood of fintech listings but analysts are raising concerns whether the London market can enjoy this new stream. The …

Posted on 11/09/2025

Betterhomes: Dubai to Welcome Nearly 10,000 Millionaires in 2025; That’s More Than One New Millionaire Every Hour!

Dubai’s transformation from a transient luxury stopover to a permanent global wealth capital is accelerating, according to Betterhomes’ data-led report, Dubai: No Longer a Pit Stop, But the Finish …

Posted on 11/09/2025

BTA Finance Limited partners with Avaloq to digitally transform wealth and investment management operations in Dubai

This will create the optimum operational foundation for BTA Finance Limited to deliver an outstanding wealth management experience at scale, while leveraging data-driven insights to support clients wi …

Posted on 11/09/2025

Will Dubai Residential REIT’s IPO be the next big draw for new investors to DFM?

Dubai: As the first Dubai IPO of 2025 gets rolling, more investors – and especially non-UAE ones – are ready to sign up to trade on the Dubai Financial Market (DFM). Dubai Holding is putting up its …

Posted on 10/09/2025

Greenstone DIFC expansion unlocks access to global private funds for DIFC-based investors

Greenstone, the largest fund placement firm in the Middle East, has obtained a Category 4 licence from the Dubai Financial Services Authority (DFSA) to …

Posted on 10/09/2025

UAE unveils low-cost AI model to compete with DeepSeek

An AI research university in Abu Dhabi has launched a new low-cost reasoning model that’s a fraction of the size of available options while performing just as well, according to the developers.

Posted on 10/09/2025

UAE expats increasingly drive shift to digital remittances

The shift towards digital remittances in the UAE mirrors a global trend. The World Bank estimates that digital remittances will account for nearly half of global flows by 2030, up from about 35 per …

Posted on 10/09/2025

Dubai leads UAE’s non-oil growth in 2025 as diversification boosts investor outlook

The UAE’s non-oil economy grew at its fastest pace in six months in August 2025, with Dubai leading gains and investor confidence hitting new highs …

Posted on 10/09/2025

UAE, Gulf stock markets open lower after Israel strikes in Qatar

Most of the UAE and other Gulf stock markets opened slightly lower on Wednesday, following heightened geopolitical tension in the region after an Israeli strikes targeting senior Hamas officials in …

Posted on 09/09/2025

Wynn, UAE partners secure land for possible second casino resort in Ras Al Khaimah

Wynn Resorts and its partners in the United Arab Emirates have secured land rights for a potential second integrated resort (IR) with a casino in Ras Al Khaimah, alongside provisions that could allow …

Posted on 09/09/2025

Nisus Finance acquires majority stake in NCCCL to drive India–UAE infrastructure growth

Strategic buyout aligns one of India’s oldest construction companies with NiFCO’s vision, expanding real estate and infrastructure capabilities across India and the UAE …

Posted on 09/09/2025

Ministry of Finance holds second ‘Customer Council’ under Zero Government Bureaucracy programme

As part of the second phase of the Zero Government Bureaucracy programme, the Ministry of Finance today hosted its second Customer Council to strengthen partnerships with customers and move from the …

Posted on 09/09/2025

Dubai thrives as families desert rival centres

A generational shift in regional families is encouraging a new cohort of investors to take advantage of AI and private markets in their fast-developing Gulf hub of expertise …

Posted on 09/09/2025

ORA Developers Strengthens Global Presence with Landmark Projects in UAE and Iraq

Launches Bayn as a premier coastal lifestyle sanctuary in Ghantoot, UAE, and Madinat Al Ward in Iraq, highlighting ORA’s vision to shape transformative communities across dynamic Middle Eastern …

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