Mostafa Khattab didn’t set out to reinvent cutlery. But somewhere between a career in sustainable finance and a desire to connect more directly with people, the founder of BloomSpoon—a UAE-based green …
Ndii Reveals UAE’s Role in Decision to Pick Adani for JKIA Deal
The Chairperson of President William Ruto’s Council of Economic Advisors (CEA), David Ndii, has revealed that Indian conglomerate Adani Group was handpicked by United Arab Emirates (UAE) financiers.
Ndii Reveals UAE Hand-Picked Adani for JKIA Deal
The Chairperson of President William Ruto’s Council of Economic Advisors (CEA), David Ndii, has revealed that Indian conglomerate Adani Group was handpicked by United Arab Emirates (UAE) financiers.
Barclays appoints ex-HSBC executive as UAE private bank head
Farzad Billimoria brings 30 years of financial expertise, with experience in private banking, wealth management, and retail banking.
Gross banks’ assets up by 1.9% to AED4,719.4 billion at end of March: CBUAE
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED982.4 billion at the end of February 2025 to AED986.2 billion at the end of March 2025. The …
Nisus Finance considers Dh669 million more investment in Dubai’s real estate
Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in …
UAE capital markets poised for growth as global investors pivot to Gulf
The UAE, particularly Dubai and Abu Dhabi, is emerging as a global magnet for capital, bolstered by rising foreign investor appetite, strong fundamentals, and a robust pipeline of initial public …
Axia Media Group opens office in Dubai
DUBAI, UAE – Axia Media Group, a leading global provider of financial and business services, is excited to announce the opening of its new office in Dubai. This strategic expansion is aimed at …
Winners revealed: Mena Banking Excellence Corporate & Investment Awards 2025
The Mena Banking Excellence – Corporate & Investment Awards 2025 brought together senior executives from across the region to celebrate the most impactful advancements in institutional banking at …
The great wealth migration: How Dubai became the world’s top millionaire magnet
Dubai’s appeal to millionaires reaches beyond tax considerations to include factors such as the weather, lifestyle, and business opportunities in emerging markets …
UAE’s central bank maintains base rate at 4.40%
The Central Bank of the UAE (CBUAE) thas announced its decision to maintain the base rate applicable to its overnight deposit facility (ODF) at 4.40 per cent. This move follows the US Federal …
UAE borrowing costs to remain steady as Central Bank holds rates
The Central Bank’s decision followed the move by the US Federal Reserve, which maintained its target range for the federal funds rate at 4.25 to 4.5 per cent.
UAE: Startup founded by expat raises $93 million fund for cross-border digital payments
A cross-border digital payments startup, founded by an Indian expat who grew up in Abu Dhabi, has raised $93 million from investors and is now “trying to build a verticalised (focused on a specific …
Saudi Low-Cost Carrier Flynas Launches IPO, But Israel-Iran Conflict Weighs on Market
Flynas, Saudi Arabia’s budget carrier, saw its shares swing between gains and losses on its Riyadh debut Wednesday.
How digital lending beyond banks is rewriting the rules of financial inclusion in the UAE
More than 90 per cent of all businesses in the UAE are small and medium-sized enterprises (SMEs), yet they account for over half of the country’s GDP. Ironically, only about 4 per cent of all …
The DFSA joins United Arab Emirates’ authorities in launching consultation on Principles for Climate Transition Planning
The draft Principles are designed to help financial institutions develop credible, transparent, and effective climate transition plans. These plans are forward-looking strategies that align an …
Galadari Sports, Emirates NBD ink new green term loan facility for community sports complex in Dubai
The state-of-the-art facility will be built to the strict rules and parameters of Dubai Municipality’s Sa’fat Gold certification for green buildings …