Dubai’s real estate sector experienced a robust week, with transactions totalling AED 23.8 billion (USD 6 billion) from November 24 to 28. Sales transactions dominated the figures, reaching AED 19.49 …
This consumer stock has tripled since its IPO in October
Ambitions Enterprise Management Co. (AHMA) was the leading gainer in the consumer sector in morning trading on Monday after it popped more than 200%. There were not any corporate announcements or SEC …
UAE Ministry of Finance to Enforce Updated Tax Procedures Law in Early 2026
The amendments aim to establish a clearer and more structured legal framework for tax obligations and procedures.
Big relief for 1,435 emiratis as UAE clears over AED 475 million in debt
The UAE has waived over AED 475 million in debts for 1,435 Emirati citizens through the Defaulted Debts Settlement Fund, in collaboration with 19 banks. Targeting low-income earners, retirees, senior …
Finance sector makes most ‘spam phone calls’ in UAE
UAE has one of the region’s lowest rates of unsolicited phone calls, but the finance sector is the biggest offender says Truecaller …
Expo City Dubai partners with Emirates NBD to enhance business banking services
Collaboration aims to streamline financial operations for Expo City licence holders and support the growth of local and international businesses …
Huru’s Quick Cash Lets UAE Workers Access up to AED 10K in Minutes
Huru has launched Quick Cash, an instant microfinance feature built for unbanked and underbanked workers in the UAE, offering up to AED 10,000 with regulated, transparent repayments.
UAE puts crypto and DeFi under central bank rule
The UAE’s new central bank law requires all crypto and DeFi platforms to be licensed, with fines of up to $272 million for unlicensed operations.
DFSA, Hong Kong Monetary Authority co-host second Joint Climate Finance Conference
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), and the Hong Kong Monetary Authority (HKMA) today hosted the second edition …
Dubai’s Tenant Mindset Flips, Betterhomes Reports 55% Now Plan Purchases Within 13 Years
Dubai’s Tenant Mindset Flips, Betterhomes Reports 55% Now Plan Purchases Within 13 Years. betterhomes has released its Future Living Report 2025, based on a survey of 1,439 Dubai residents, revealing …
UAE to strengthen its global status as financial dialogue destination
UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has affirmed that its efforts to host SIBOS 2029, the world’s …
Dubai: New initiative aims to boost financing options for first time property buyers
Dubai’s real estate market continues to soar, attracting a growing wave of investors. Yet, one persistent challenge has been the lack of mortgage options for off-plan properties—a norm in the UAE …
UAE and Japanese financial institutions buy big stakes in Indian banks
Global financial institutions, particularly from the United Arab Emirates (UAE) and Japan, are buying big stakes in Indian banks as the government relaxes restrictions on foreign entities acquiring …
Dubai rental pressures push tenants toward ownership as 55% plan to buy
Tenant purchase intent in Dubai has surged from 25% to 55%, driven by rents, mortgages and long-term residency plans …
Dubai’s tenant mindset flips, betterhomes reports 55% now plan purchases within 1–3 years
More than half (55%) of tenants now plan to buy property within the next 1–3 years, a significant increase from 25% last year. Alongside this, 61% of prospective buyers expect to finance their …
From renters to buyers: Dubai rent hike pushes tenants to buy homes
Dubai tenants are shifting their mindset towards owning in the wake of an escalation in rents, signalling a transformation in how long-term residents approach housing. In a survey of 1,439 Dubai …
Majid Al Futtaim, Emirates NBD partner to offer off-plan mortgage financing
New agreement enables buyers to secure bank financing after 50% of property payments, expanding flexible ownership options in Dubai’s residential market …