Expats are eligible to get various property linked visas available in the UAE. The basic condition for the visa is that the investment value must be fully paid. In other words, purchasing a property …
IMF applauds UAE’s positive economic outlook
The UAE’s economic outlook remains positive, supported by strong domestic activity with the overall GDP projected to grow at 3.6 per cent in 2023, the Exec..
CBBC brings biggest Eid brands sale to Dubai and Abu Dhabi
Eid is a time of joy, celebration, and sharing with loved ones. Along with the festivities, shopping for new clothes, accessories, and gifts is an integral..
UAE’s ADX, DFM announce market holidays
Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) have announced official market holidays starting from tomorrow (Tuesday, June 27). Both markets issued statements saying they will …
Bank of Baroda@50: Thriving on customer-centric service
Nishant Ranjan, chief executive of GCC operations at Bank of Baroda shares insights into the bank’s journey, emphasising its customer-centric approach and plans for …
UAE banks record credit growth despite interest rate hike
Credit growth in the UAE’s banking sector, a key indicator of overall economic growth, surged to almost Dh2.0 trillion in the first quarter despite rising ..
Abu Dhabi court obliges bank to pay its client Dhs98,667 for charging unjustified fees
The appellant’s lawyer demanded to assign a banking expert and to obligate the bank to pay his client Dhs98,667, in addition to the fees and expenses of the lawsuit.
UAE leaders spearhead climate finance reforms at Paris summit
UAE figures took on leading roles at the Summit for a New Global Financing Pact in Paris this week, where they engaged in discussions with international leaders on climate finance reform. During the …
UAE banks’ aggregate capital and reserves up 10% by April-end
The report noted that national banks accounted for 86.4 percent of the total capital and reserves of banks operating in the UAE …
UAE recognises ADCB as sustainability, social impact leader
ADCB has taken a holistic approach to ESG in recognition of the close relationships between environment, communities, public policy, economic growth and financial inclusion UAE recognises ADCB as …
Dubai logs over AED3.3bn in realty transactions Friday
DUBAI, 23rd June, 2023 (WAM) — Dubai’s real estate market recorded 487 sales transactions worth AED1.8 billion on Friday, in addition to 138 mortgage deals totalling AED1.45 billion, and 19 gift …
Dubai logs over $898.4mln in realty transactions Friday
Dubai’s real estate market recorded 487 sales transactions worth AED1.8 billion on Friday, in addition to 138 mortgage deals totalling AED1.45 billion, and 19 gift deals amounting to AED140.12 million …
Cop28 can bring back Paris Agreement solidarity, says UAE official
Cop28 President-designate Dr Sultan Al Jaber praised France’s plan to focus on the role of finance in meeting climate change challenges, at a Paris summit on Friday.Dr Al Jaber, Minister of Industry …
Emirates NBD awarded ‘Best Bank in the Middle East’ and ‘Best Bank in the UAE’ at the Euromoney Excellence Awards 2023
Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, won four major recognitions by Euromoney affirming the bank’s status as a digital banking …
Turkey expects Gulf investments after top-level UAE visit
Turkey is expecting the United Arab Emirates (UAE) and Saudi Arabia to make investments in its energy and defence sectors after its top economy officials held negotiations in Abu Dhabi, two sources …
Dubai records over AED2.5 bn in realty transactions Thursday
Dubai real estate market recorded 744 sales transactions worth AED2 billion, in addition to 153 mortgage deals of AED542.55 million, and 27 gift deals amounting to AED31.3 million on Thursday, data …
UAE financial watchdog rolls out rulebook
This comes as part of a series of initiatives by the UAE regulator to enhance transparency and communication with licensed financial institutions, consumers, other partners and service users. The …