Dubai Chambers and Emirates Development Bank join forces to simplify banking, expand trade finance and support SME global expansion …
Moving to Dubai? 10 things to do as soon as you arrive
Whether you made the decision to move to Dubai for work, (after all Dubai has been named one of the best cities to work in), or simply changed course for a stunning change of scenery, there are countl …
UAE won’t cut Israel ties if West Bank annexed, despite ‘red line’ warning – sources
Though Abu Dhabi is not considering severing relations entirely, it could reportedly pull its ambassador; Israeli source says strained bond is reparable …
UAE, Hong Kong agree to enhance cross-border fund, investment management
The UAE and Hong Kong on Thursday signed a regulatory agreement to allow investment funds and asset managers licensed in one market to be recognized in the other, streamlining cross-border access and …
UAE set to gain as Fed’s two more cuts set to boost mortgages, property market
This would ease pressure on buyers who had been holding back due to high borrowing costs, potentially broadening the base of demand beyond cash-rich investors who have dominated the market …
Dubai Chambers, Emirates Development Bank to enhance support for startups
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) aimed at enhancing support for startups and small and medium-sized enterprises (SMEs). The agreement …
Hong Kong and UAE strengthen financial ties with ETF and fund accords
Strengthened collaboration reflects growing participation by Middle Eastern funds as cornerstone investors in recent Hong Kong IPOs.
UAE cuts interest rates after US Fed’s decision: What it means for your loans, savings, and investments
Discover how the UAE’s interest rate cut affects your finances. Learn about the implications on borrowing, savings, and investment decisions.
Dubai’s property boom fuels IPO ambitions of ALEC Holdings and Binghatti
Investor interest in the upcoming IPOs of ALEC Holdings and potentially, of Binghatti, is expected to be strong, according to Vijay Valecha …
India, UAE to Discuss Trade, Investment, Bank Matters on Sep 18-19
India and UAE are set to discuss trade, investment, and banking issues on September 18–19, aiming to boost bilateral economic cooperation and strengthen financial relations.
India, UAE to Discuss Trade, Investment, Bank Matters on Sep 18-19
India and UAE are set to discuss trade, investment, and banking issues on September 18–19, aiming to boost bilateral economic cooperation and strengthen financial relations.
UAE lowers interest rates by 25 basis points
The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points …
Dubai Investments plans IPO of real estate unit Dubai Investments Park
Dubai Investments is planning an initial public offering of its Dubai Investments Park real estate business, it said on Wednesday, as more companies pursue public listings amid a real estate boom in …
UAE banks step up debt issuance as GCC financing hits record levels
Saudi banks have been the most active, raising $28.3 billion so far, while UAE lenders follow with $11 billion. Qatari and Kuwaiti banks issued $8 billion and $7 billion respectively. Excluding …
QNB Group, Standard Chartered and DMZ Finance launch DIFC’s first tokenised money market fund
QCD Money Market Fund demonstrates comprehensive advantages in authority, compliance, security, liquidity and market positioning …
Cheaper UAE loans soon as Central Bank lowers rate
Borrowing costs in the UAE are set to come down as the Central Bank on Wednesday lowered its interest rates. In a statement, the UAE Central Bank said that the base rates applicable to the overnight …
UAE Central Bank lowers key benchmark rate to 4.15 per cent
The Central Bank of the UAE on Wednesday lowered its key benchmark rate to 4.15 per cent. In a statement, the UAE Central Bank said that the base rates applicable to the overnight deposit facility has …