Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market [DFM], has announced a 59 percent increase in net profit to AED 580 million for the six-month period …
Dubai logs over AED2bn in realty transactions Friday
DUBAI, 4th August, 2023 (WAM) — Dubai’s real estate market recorded 363 sales transactions worth AED809.25 million on Friday, in addition to 94 mortgage deals totalling AED1.14 billion, and 17 gift …
Dubai logs over $544.5mln in realty transactions Friday
Dubai’s real estate market recorded 363 sales transactions worth AED809.25 million on Friday, in addition to 94 mortgage deals totalling AED1.14 billion, and 17 gift deals amounting to AED119.77 …
UAE Ministry of Economy and Huawei Cloud launch startup programme under The Entrepreneurial Nation initiative
Huawei Cloud startup programme will provide up to $150,000 in vouchers and access to Huawei Cloud ecosystem resources for eligible businesses …
Uae: Indian Expat Earning Dh4,000 Wins Dh15 Million With Big Ticket Bought On His Birthday
Sakil Khan Sarwar Khan is on cloud nine. The Indian expat from Dubai has won Abu Dhabi Big Ticket’s grand prize of Dh15 million with tickets bought last month on his birthday. “My birthday was on July …
Dubai financial regulator fines Mirabaud unit $3M for weak AML controls
A Middle Eastern unit of international banking group Mirabaud was ordered to pay a $3 million fine for inadequate anti-money laundering controls by the Dubai Financial Services Authority.
Just arrived in the UAE? Emirates ID, sim card, housing and banking
Welcome to the UAE – you made it! After making your way to your temporary accommodation, you are probably unpacking and wondering what your new life will be like in the Emirates. Whether you have …
Dubai’s RTA eyes banks ahead of IPO: Report
This marks Dubai’s first privatisation move of the year Dubai’s RTA eyes banks ahead of IPO: Report DFM, Dubai bourse, Dubai Financial Market, Dubai RTA, Dubai stocks, Initial public offering, IPO, …
Dubai: Common law to re-boost free zones’ appeal after relaxation of FDI law for onshore firm
The emirate has several free zones, each with its own authority responsible for governing and regulating activities within the zone distinct from those in the …
UAE introduces digital identity across service systems
The UAE introduced the UAE Pass to implement digital identity across its service systems provided by 130 operators, private and government.
UAE, Saudi PMIs show strong business activity
In the UAE, 30% of businesses surveyed reported increased activity in July in the S&P Global PMI survey, with less than 2% reporting a fall. New work growth slowed from June but remains robust and …
DFSA Fines Bank Mirabaud Usd 3 Million For Anti-money Laundering Controls Failings
The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 3,022,500 (AED 11,100,131) on the bank Mirabaud (Middle East) Limited (‘Mirabaud …
Salary support, right job listings: How UAE’s Nafis programme is bridging gap between public and private sectors
Last month, the Ministry of Human Resources and Emiratisation announced the highest private sector localisation rate in the country’s history …
Dubai International Financial Centre reaffirms position as global hub for finance, innovation, and talent attraction with strong H1 2023 results
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, witnessed unparalleled growth in the first half of 2023. DIFC …
Bounced cheque could land former Apprentice star Selina Waterman-Smith in a Dubai jail
She is now stuck without a passport, bank account and medical insurance … “And it just shows to me that when a man wants to abuse a woman he can do it.” The story began in Dubai 2018 when a working …
Dubai: DIFC reports record growth in H1 2023 with 23% rise in new business registrations
Fintech booms in Dubai during the first half of 2023 as DIFC witnesses a 35% surge in innovative companies Dubai: DIFC reports record growth in H1 2023 with 23% rise in new business registrations …
Now access Ministry of Finance services using UAE Pass
Image Credit: Supplied Abu Dhabi: The UAE Ministry of Finance on Wednesday announced the implementation of UAE Pass digital identity for all its services. This move aims to boost digitalization …