Dubai’s nascent mortgage business has burgeoned since then, with home loans in the UAE jumping 55 percent in the year to March, according to central bank data.
How non-residents can open a bank account in the UAE: A complete guide
Access world-class banking, invest in property and stocks, and secure your funds without living in the UAE. Find out the essential steps, documentation, and challenges involved in opening a non …
Suntech Group’s demo day showcases AI-powered finance operations
Suntech Group, a proudly UAE-born leader in technology, compliance, and AI innovation, hosted its annual demo day, unveiling a trio of groundbreaking initiatives set to transform how enterprises …
UAE leads Gulf IPO boom in 2024 – Yahoo Finance
The News The UAE has cemented its position as the leading IPO market in Europe, the Middle East, and Africa this year with the record-breaking listing of Talabat Holding in Dubai: The unit of …
How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth
The UAE Ministry of Finance is expanding public-private partnerships with new laws, training and projects to boost investment and sustainable growth …
UAE’s gold reserves surge nearly 26% in 2025 amid robust banking sector growth
The UAE increased its gold reserves by 26% in the first five months of 2025, reaching AED 28.93 billion. Alongside this, demand, savings, and time deposits saw significant growth, with time deposits …
Dubai’s New Mortgage Law to Bring More Flexibility … – Al Bawaba
Dubai’s proposed “Mortgage Law” intends to create greater depth in the property marketplace, in particular by making it easier for specialised funds to come in and take up exposures.
Dubai, a magnet for hedge funds, could be a gateway to the Middle East …
Low taxes, supportive regulatory frameworks, technological innovation and a quality talent pool have made Dubai an attractive home for a growing number of hedge funds, according to two Dubai …
Mastercard and First Abu Dhabi Bank hit major milestone – five credit cards launched in six months
In a big step forward for the cards market, Mastercard and First Abu Dhabi Bank (FAB) have launched five new credit cards in just six months, redefining what collaborations can achieve when built on …
The ‘capital of capital’: Abu Dhabi’s pitch to become a global financial centre
The oil-rich emirate styles itself as the “capital of capital”: it has $1.7tn of sovereign wealth holdings and it wants to use them to grow a financial sector to rival Dubai’s busy banking hub, while …
Dubai: Record mortgage transaction volume reached with over 4,000 loans taken in July
Mortgage transaction volumes surged in Dubai to a new record with a total of 4,891 loans in July, a 9.2 per cent increase month-on-month, as property buyers take advantage of lower interest rates, …
85 per cent of UAE investors bet on local stocks as global trade tensions rise: eToro
Survey of 1,000 UAE retail investors finds strong confidence in local equities, with real estate and technology leading sector preferences …
💰 UAE Central Bank fines Malik Exchange Dh2 million and cancels its licence
The UAE Central Bank has announced strict action against Malik Exchange after it was found guilty of serious violations of the country’s financial laws. The exchange house has been fined Dh2 million …
UAE Ministry of Finance Receives Best Industry Enabler Award for Empowering Local Suppliers and Transforming Procurement
The UAE’s Ministry of Finance (MoF) has reaffirmed its commitment to supporting the National In-Country Value (ICV) Programme, one of the UAE’s flagship initiatives aimed at enhancing local content …
UAE Funds Transfer System Records AED9.5 Trillion in 2025
Dubai The UAE Funds Transfer System saw a substantial surge in the value of transactions during the first five months of 2025, reaching a remarkable AED9.528 trillion. This reflects the continued …
Banking sector financial transfers exceed AED9.5 trillion in 5 months
The value of transfers executed in the country’s banking sector through the UAE Funds Transfer System (UAEFTS) reached AED9.528 trillion during the first five months of this year.According to Banking …
Q&A: Latham & Watkins’ Saudi Arabia Chair on Challenges and Opportunities
Latham & Watkins’ partner Salman Al-Sudairi shares insights on navigating Saudi Arabia’s growing legal market.