Federal Bank introduced Prospera, a new NRE Savings Account, targeting affluent NRI customers. Launched in Dubai, the account offers benefits like complimentary insurance, travel discounts, and …
Federal Bank Strengthens NRI Banking Proposition – Unveils Prospera, a New NRE Savings Account Variant
India], : Federal Bank, one of India’s leading private sector banks, unveiled a new NR Savings account variant – Prospera. The Prospera NRE Savings Account offers an impressive suite of benefits …
UAE’s Invest Bank onboards Veefin Solutions to digitise their SCF operations
Invest Bank in the UAE collaborates with Veefin Solutions to digitize its Supply Chain Finance offerings, enhancing operational efficiency and customer experience. The partnership is set to streamline …
Eureeca broadens international investment access, strengthening UAE IPO market
Eureeca is a multi-regulated, cross-continental digital investment platform with 55,000 users across 72 countries. The company’s recent strategic partnership with the Abu Dhabi Securities Exchange …
UAE’s Careem Pay expands remittance service to 18 European countries
Careem users can now send near-instant money transfers to bank accounts in Austria, Belgium, Croatia, Cyprus, Estonia and more …
UAE hosts strategic dialogue with Russia to boost financial cooperation
The UAE-Russia forum, aimed at strengthening cooperation across various financial and economic sectors, was a platform to discuss best practices …
Dubai real estate: What are the top five changes driving the property market in 2025?
Managing affordability, quality, accessibility and investor demand is a delicate balancing act, but these five measures are a positive move for the rapidly growing real estate market …
$1 billion fund: BSE SME IPO company expands UAE presence; retains Houlihan Lokey for GCC fund
Following its recent initial public offering, the firm has been focused on expanding fund licenses, raising new capital, and strengthening its investment management infrastructure. As it accelerates …
Why UAE bank users are switching to Aani for instant payments
For years, transferring money meant navigating a multi-step process, exchanging long IBANs to add beneficiaries, verifying details over multiple calls or messages, and waiting for confirmation. A …
Nisus Finance Services appoints Houlihan Lokey for GCC fund
Nisus Finance partners with Houlihan Lokey to raise financing for high-yield growth fund in Dubai, targeting $1 billion corpus.
UBF: Financing solutions strengthen UAE position as leading center of international trade
During its participation in the meetings of the Global Banking Commission of International Chamber of Commerce (ICC) …
e& enterprise partners with PayPal to expand digital payment options for UAE businesses
This will be particularly beneficial for merchants in the UAE and the region looking to reach customers abroad, driving cross-border commerce and expanding their market reach …
UAE: DIFC marks 20th anniversary with record annual performance
The milestone coincides with DIFC’s 20th anniversary, reinforcing Dubai’s position as the region’s financial services capital …
Hedge Funds Help Drive Record Growth in Dubai Financial District
Dubai’s financial district reported a record 25% increase in company registrations last year, helped in part to by a continuing influx of hedge funds that’s transformed the city into an emerging hub …
Dubai’s Financial Hub Sees Surge in Company Registrations
Dubai’s International Financial Centre has seen an unprecedented 25% rise in company registrations over the last year, marking a record high. The financial district, now home to 6,920 active companies …
Mamo and Paymentology join forces to drive financial inclusion for SMEs across UAE
Mamo partners with Paymentology to work towards closing the financial inclusion gap for SMEs, providing them with virtual Visa prepaid cards linked to Mamo’s single platform. The solution empowers …
UAE money: Does the new TikTok ‘no-spend’ challenge truly work? Dubai finance experts weigh in
Young professionals are turning to TikTok’s ‘no-spend’ challenge to combat rising costs of living, but is the trend a short-term fix or a lasting solutions?