This milestone reflects PRYPCO Mortgage’s ability to originate, process, and close mortgage transactions at scale across a broad range of buyer profiles. During January 2026, the platform recorded an …
Dubai family businesses rethink investment, governance and philanthropy at World Governments Summit 2026
Dubai Chambers and WGS 2026 convene family business leaders to examine future-ready investment, governance and impact-driven philanthropy …
Zaid Al-Sager: Kuwait–UAE partnership strengthens the path of economic integration in the region
In his remarks, Al-Sager underscored the strategic importance of strengthening financial and banking cooperation between Kuwait and the UAE, noting that the fraternal relations between the two …
UAE–Kuwait economic forum: Banking partnerships drive growth in both economies
DUBAI, 3rd February, 2026 (WAM) — A session at the UAE–Kuwait Economic Forum highlighted the pivotal role of banking partnerships in supporting financial stability and advancing economic and trade …
Dubai real estate sector recorded $11.8bn of transactions last week, including massive $4.7bn of mortgages
The Dubai real estate sector recorded AED43.49bn ($11.8bn) of transactions last week, according to data from the Land Department. Sales transactions dominated the figures, with AED23.77bn ($6.5bn), …
UAE gives MBank’s AE Coin green light for government fee payments
The UAE federal government has recognized the regulated AED stablecoin, AE Coin, powered by MBank (Al Maryah Community Bank), for government-fee payments. UAE businesses and individuals will be able …
Dubai’s Economy Records AED355 Billion GDP in 2025, Posting 4.7% Growth
Dubai’s economy continued its upward trajectory in 2025, delivering strong growth that underscores its resilience and sustained momentum. The emirate recorded a Gross Domestic Product (GDP) of approxi …
Mortgage-backed securities are back with a vengeance in Dubai
Riddle me this: What is the highest rated credit in Dubai, the former boomtown emirate now weighed down by more than $100bn of debts? Oddly enough, the answer is an exotic, fiendishly complicated …
Finance Ministry sukuk and bonds auction achieves 4.7 times oversubscription in first issuance of year amid strong investor confidence
The United Arab Emirates Ministry of Finance has successfully completed its first treasury auctions of 2026, raising 1.1 billion dirhams through Islamic sukuk …
National Bank of Fujairah concludes CASA campaign, celebrates Business Banking clients’ growth
As part of the campaign’s conclusion, NBF today hosted a prize handover ceremony, celebrating the achievements of the winning participants …
Magellan Capital Launches $975m Multi-Strategy Hedge Fund in Dubai
Magellan Capital, a Dubai-based diversified investment manager focusing on highu0002quality and deep-value businesses across the capital spectrum, today announced the launch of the Magellan Absolute …
Dubai announces $27.2bn expansion of Dubai International Financial Centre
The expansion will enable DIFC to host over 42,000 companies and support a workforce of more than 125,000 people.
UAE pilots biometric payments using facial and palm recognition
UAE pilots biometric payments using facial and palm recognition, signalling a shift toward card-free, secure digital transactions …
Ministry of Finance hosts 2nd dialogue with senior executives of UAE businesses operating in GCC countries
Dubai: The Ministry of Finance (MoF) has organised the second high-level dialogue with senior executives from UAE companies operating in the Gulf Cooperation Council (GCC) countries, under the title …
UAE Approves Nation’s First Dollar-Pegged Stablecoin USDU
UAE approves its first USD-backed stablecoin, USDU, under central bank regulation, boosting secure and transparent digital finance.
Dubai Financial Market delivers a strong 2025 performance, recording 158% growth in net profit before tax to AED 1.06bln
Dubai, UAE – Dubai Financial Market (DFM) today announced its consolidated financial results for the fiscal year ended 31 December 2025, reporting a net profit before tax of AED 1.06 billion. The …
Universal launches UAE’s first Central Bank-registered USD stablecoin
USDU becomes the first USD-backed stablecoin registered by the Central Bank of the UAE as a Foreign Payment Token under the Payment Token Services Regulation (“PTSR”).