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Tag: finance

Posted on 29/12/2025

Bank of Palestine expands globally after receiving an in-principle approval for a full banking license from ADGM Abu Dhabi, UAE

Bank of Palestine to conduct the following regulated activities in or from ADGM: Accepting Deposits and Arranging Deals in Investments, targeting the Global Palestinian community at large …

Posted on 29/12/2025

UAE consolidates its role as a regional debt issuance hub

The UAE has emerged as the Gulf’s most dynamic and resilient fixed income hub, steadily consolidating its position through another year of strong issuance activity in 2025, a report showed. According …

Posted on 29/12/2025

Pay10, CBD launch Open Finance under UAE’s Al Tareq initiative

CBD in collaboration with Pay10 has enabled its retail current and savings accounts to connect through the UAE’s Open Finance framework …

Posted on 28/12/2025

Pay10 and Commercial Bank of Dubai launch Open Finance under the UAE’s Al Tareq Initiative

CBD in collaboration with Pay10 has enabled its retail current and savings accounts to connect through the UAE’s Open Finance framework …

Posted on 26/12/2025

Nisus Finance commits $59.8m to Dubai residential market

Indian-based fund manager has acquired a 273-unit building in Dubai Motor City as part of its Middle East expansion …

Posted on 26/12/2025

Emirates Reit reports 22% increase in property income And 57% decrease in net finance costs

Equitativa’s asset management team continued to deliver steady operating performance across the Emirates REIT portfolio, with occupancy increasing to 94% as at 30 September 2025. The improvement …

Posted on 25/12/2025

UAE Central Bank shut down Omda exchange after violations, imposes Dh10m fine

The UAE Central Bank revoked Omda Exchange’s license and fined it Dh10 million for violating banking laws. This action, stemming from compliance failures, aims to protect residents’ money and maintain …

Posted on 24/12/2025

Ruya and Insightter launch the region’s first AI-powered growth intelligence for Banking as a Service

Insightter have been working together for the past 18 months, co-designing the bank’s intelligence fabric and growth engines. Over this period, Insightter has helped ruya build and industrialize: …

Posted on 24/12/2025

Commercial Bank of Dubai becomes UAE’s first bank live on open finance

CBD and its partner providers are officially live on Nebras, the operator of the UAE’s Open Finance infrastructure, operating under the supervision of the Central Bank of the UAE …

Posted on 24/12/2025

The hedge fund set can’t resist the lure of Dubai

The exodus of talent from the UK and elsewhere is real; efforts to stem it need to be equally genuine Read more at The Business Times.

Posted on 23/12/2025

Decoding the Fintech Boom in the UAE: Key Factors Behind Its Rapid Growth

The UAE’s fintech success stems from early investments in innovation hubs like DIFC and ADGM. These platforms foster startups through funding, mentorship, and regulation. Today, the country hosts …

Posted on 23/12/2025

Lean among the first to graduate from Live Proving under the UAE’s Open Finance Framework

Dubai, UAE: Lean Technologies has graduated from the Live Proving program under CBUAE’s Open Finance Framework, becoming one of the first Third Party Providers (TPPs) to reach this milestone.

Posted on 23/12/2025

Commercial Bank of Dubai sets new benchmark as UAE’s first bank to fully activate open finance for customers

Dubai, UAE: Commercial Bank of Dubai (CBD) has set a new benchmark for the UAE banking sector by becoming the first bank in the country to fully activate Open Finance into live operational use under …

Posted on 23/12/2025

UAE Central Bank shuts down Omda Exchange, slaps $2.7m penalty

The UAE Central Bank has revoked Omda Exchange’s licence, removed it from the register and imposed a $2.7m penalty …

Posted on 22/12/2025

UAE to apply reverse VAT charge on scrap-metal trading from January 2026

New Cabinet decision shifts VAT accounting to buyers in a move aimed at curbing fraud and strengthening tax compliance in the metal-scrap sector …

Posted on 22/12/2025

Deem Finance and airpay announce strategic partnership

Dubai, UAE — Deem Finance LLC, a purpose-led financial services provider committed to enabling the progress of underserved segments in the UAE, today announced a strategic partnership with airpay …

Posted on 22/12/2025

Nisus Finance invests AED 220mln in acquiring Lootah Avenue in Motor City

Nisus Finance brings large-scale private investment into Dubai’s real estate that has seen Dh624 billion in the first 11 months of 2025, as residential property sector fuels the UAE economic growth …

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