Tag: finance

Net international reserves of UAE banking sector rose by 8 percent or AED 91 billion in the first five months of the year to reach AED 1.236 trillion by end of last May from AED 1.145 trillion by the …

Younis Haji Al Khoori: “This achievement further solidifies the UAE’s position as a leading financial hub both … Abu Dhabi: Adding yet another feather to its cap, the Ministry of Finance (MoF) has …

Users can now seamlessly and compliantly buy and sell virtual assets directly through their UAE bank accounts Last month, verified users completing ‘Know Your Customer’ (KYC) procedures on M2 …

Users can now seamlessly and compliantly buy and sell virtual assets directly through their UAE bank accounts Last month, verified users completing ‘Know Your Customer’ (KYC) procedures on M2 …

Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced an exceptional VIP Privilege Program, specially developed for the bank’s …

according to the May figures issued by the Central Bank of the UAE (CBUAE). The apex bank data showed that gross credit grew 0.7 percent from AED2.063 trillion at the end of April 2024 to AED2.077 …

Below is a picture of the fraudulent website: Listed on the Dubai Financial Market, Salik shares are traded in UAE dirhams and not dollars as claimed by the website. On Friday, the toll gate …

Local banks said demand for Golden Visas through bank deposits is steadily growing as millionaires flock to the UAE, especially Dubai, to settle down. Banks in the UAE require investments with a …

Aster Capital Management founder Nabil Ouajjane is moving to Dubai from London, joining a rush of portfolio managers decamping to the emerging hub for investment firms.

The UAE’s Public Prosecution said on Friday it had uncovered a secret organisation operating overseas, which sought to threaten national security and finance terrorism. Authorities said it was …

The UAE’s Securities and Commodities Authority (SCA) and Etihad Airways have issued notices alerting the public over fake advertisements inviting people to be shareholders in the Abu Dhabi airline.

The UAE Central Bank has imposed a fine of Dh5.8 million ($1.6 million) on a bank operating in the Emirates for breaching the country’s laws on anti-money laundering and counter-terrorism financing …

The initiative aligns with the UAE government’s ongoing efforts towards digitising and modernising financial transactions …

The Central Bank of the UAE (CBUAE) has imposed a financial sanction on a bank operating in the Emirates. The action comes after an examination revealed deficiencies in the bank’s anti-money …

Abu Dhabi backed chipmaker Cerebras Systems has confirmed it has “confidentially” filed for an initial public offering (IPO) in the US as it readies to challenge the market domination of Nvidia.

Consumers in the UAE can look forward to significant relief as lending rates are likely to fall soon, experts said. The scenario emerged as the US Federal Reserve held its key benchmark rate on …

UAE’s national carrier, Etihad Airways, has made by “several social media posts falsely suggesting that the airline is undertaking a public share listing on the Dubai Financial Market … a potential …