Tag: finance

The UAE bank failed to comply with the Anti-money Laundering and Combating the Financing of Terrorism and Illegal Organisations policies and procedures …

The Central Bank of the UAE (CBUAE) has imposed a financial sanction on a bank operating in the country for failing to comply with policies and procedures related to anti-money laundering and …

FUZE, a digital asset financial infrastructure provider, which offers global stablecoin payments, fiat payouts and collections, and embedded crypto services, has been granted a payments license from …

The CBUAE works to ensure that all banks and their staff, abide by the UAE laws, regulations and standards adopted by the CBUAE …

In a landmark decision that sets a powerful legal precedent, the Abu Dhabi Court of Cassation has dismissed a bank’s financial claim against a customer due to the absence of valid guarantees, …

In June, UAE-based hospital operator NMC Healthcare also appointed Rothschild as a financial adviser to help explore strategic options for its shareholders, including an IPO. Markets across the …

Dubai’s real estate market kicked off 2025 with remarkable vigour, driven by a 65 per cent surge in villa sales transactions and a 56 per cent increase in their value, according to a report by …

The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism …

A UAE bank apologised to its customers on Sunday after some of them received ‘error’ messages that ‘seemed fraudulent’. Taking to social media, a frustrated resident said he received debit messages …

Two years after the chocolate bars hit the market, a TikTok video amassing more than 120 million views created a worldwide craze for the chocolate, turning it into an overnight global sensation.

A global craze for pistachio-filled chocolate bars that began in Dubai has reportedly triggered a sharp rise in pistachio prices and led to a worldwide …

Question: My husband lost his job recently, and as per the rules, he has 30 days to leave the country. If his work visa is cancelled, can he continue using his bank account? He is currently looking …

“When opening a bank account in the UAE as a freelancer, it is important to ensure you have the correct documentation, which includes a freelance permit, passport and visa copy, proof of address, and …

The UAE has emerged as a global hub for Islamic finance over the past five decades, marking a significant transformation in the financial landscape of the region and beyond. The growing sector …

The most recent Dubai Metro Station to be renamed, is the now Al Garhoud Metro Station on the Red Line. The station serves the Garhoud area of Dubai, so it was aptly named Garhoud Metro Station in …

The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its meeting chaired by Abdulaziz Al-Ghurair, Chairman of UBF, to review the …

Dubai is set to unite the global AI ecosystem and advance its future-readiness during a bold exploration of how artificial intelligence is reshaping our world at Dubai AI Week, taking place April 21 …