Stock markets in the United Arab Emirates declined on Friday as investors turned risk-averse after Israel launched an attack against Iran.
xCube launches UAE’s first fully automated SLB service for retail investors
DUBAI, 19th April, 2024 (WAM) — xCube, a leading Dubai-based market-making and brokerage platform, has launched fully Automated Securities Lending and Borrowing (SLB)for retail investors, a …
UAE: MoF launches ‘digital public consultation’ on potential implementation of R&D Tax incentive
The consultation will be open from 19th April to 14th May 2024 with the aim to understand the scope of potential R&D activities undertaken by businesses and corporations in the UAE, what activities an …
UAE concludes 11th Comprehensive Economic Partnership Agreement amid trade expansion push
The UAE signed its 11th Comprehensive Economic Partnership Agreement on Friday as it continues to focus on boosting economic and trade ties with different countries. Arab world’s second-largest …
10 Must-Know Tips for Every Newcomers in Dubai
If you’ve recently moved to Dubai, welcome! You’re about to experience a place known for its tax-free salaries, consistent sunshine, and a wide range of activities. New data from Remitly ranks Dubai …
‘We’ve never seen anything like this’: Dubai Airports CEO expects normal service within 24 hours after flood chaos
Dubai Airports CEO said he expects services to return “close to normality” soon as the major transit hub deals with the fallout from unprecedented flooding.
XCube launches the UAE’s first fully automated Security Lending and Borrowing service for retail investors
xCube is a leading market making and brokerage firm in the UAE, committed to providing innovative and cutting-edge financial services to investors in the region. With a focus on affordability, …
Dubai Airports urges passengers not to arrive at the airport unless flights are confirmed
Emirates has also decided to suspend check-in for all customers across its network travelling with onward connections through Dubai, until 23:59 GMT on 19th April. This is to support operations …
Dubai Hands Full Operating License To Binance, Allowing Retail And Qualified Institutional Offerings
Binance scored a win in its bid to expand its global footprint as it has been granted a VASP license by Dubai despite the crypto exchange giant’s legal woes in the U.S. and Nigeria.
Dubai Metro rain aftermath: RTA updates you need to know
Stay in the know… The UAE was hit with unstable weather conditions this week and although it looks to be sunnier times ahead, the country is currently dealing with the aftermath. If you live in Dubai …
Long-haul carrier Emirates again halts local flight check-in as UAE recovers from record rains
DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates said Friday it would again halt local check-in for passengers traveling on its flights as the wider United Arab Emirates tries to recover …
Hedge Funds Cry Foul Over Chinese Education Firm’s Default
Hedge funds and other international investors are sounding alarms after a profitable education company from China defaulted on its convertible bonds in March. Most Read from BloombergDubai Grinds to …
What caused the massive rainstorm in Dubai?
A storm hit the United Arab Emirates this week bringing record rainfall that flooded highways, inundated houses, gridlocked traffic and trapped people in their homes. Olivia Chan explains what we know …
Dubai mandates Changpeng Zhao’s removal for Binance license clearance
Binance, the world’s largest cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) license in Dubai.
Dubai Investments shareholders approve 12.5% dividend
Dubai Investments has announced the distribution of 12.5 per cent cash dividend to the shareholders for the financial year ending December 31, 2023. The group reported profit attributable to the …
UAE: How this Dubai expat emerged as one of the most successful Bangladeshi entrepreneurs globally
The story of a non-resident Bangladeshi family establishing and running the famed perfume company Al Haramain and its successful subsidiaries …
Hedge Fund ExodusPoint Hires Three Portfolio Managers in Dubai Push
ExodusPoint Capital Management hired three portfolio managers in Dubai as the multistrategy hedge fund builds out its operations in the Middle Eastern business hub.