Ras Al Khaimah Economic Zone (RAKEZ) has signed a memorandum of understanding with Abu Dhabi Islamic Bank (ADIB) to simplify bank account opening procedures for its clients, WAM reported. The …
Dubai launches landmark initiative enabling first-time homeownership
The Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET) have jointly launched the First-Time Home Buyer Programme, a major initiative aimed at making homeownership more …
Hong Kong to regain IPO crown this year, say PwC and Deloitte
Hong Kong’s IPO wave has benefited largely from policy support from the Chinese government and optimised listing rules by Hong Kong regulators that include streamlining approval processes.
Pushpa Jewellers IPO booked 2.41 times so far on the third bidding day; check GMP, other key details
Pushpa Jewellers IPO is open from June 30 to July 2 with a price band of ₹143 to ₹147 per share. The IPO has seen strong demand, with retail subscription at 3.60 times, and aims to raise ₹74 crore for …
Dubai bankers set up wealth manager for ‘poor millionaires’
Former Emirates NBD bankers have set up a Dubai wealth company to serve the Gulf’s growing millionaire class, arguing that the region’s private banking model puts sales targets ahead of client …
Dubai CommerCity partners with Ziina to provide innovative financial solutions
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UAE Central Bank penalises foreign bank with Dh5.9 million fine
The financial sanction was imposed after CBUAE investigation, which revealed the bank’s failures to comply with its Anti-Money Laundering and Combating the Financing of Terrorism laws …
RBL Bank shares rally 3% as Dubai-based Emirates NBD Bank eyes up to 20% stake
The stock, which has surged over 21% in the past month and more than 64% in the last six months, extended its winning streak by rising for the eighth time in nine sessions. It closed on Tuesday at Rs …
Dubai’s Emirates NBD explores stake in India-listed RBL Bank: Report
Dubai-listed Emirates NBD is exploring the acquisition of a “significant minority” stake in Indian stock exchange-listed RBL Bank, The Economic Times reported.
UAE banks outperform among GCC lenders
More broadly, UAE banks have outperformed most of their GCC peers in the latest Top 1000 World Banks ranking. All five lenders in the best-performing table increased their core capital positions over …
Dr Nazmi Baycin Dubai Emerges as a Global Leader in Aesthetic Medicine Led by Renowned Plastic Surgeon
DUBAI, UAE / ACCESS Newswire / July 1, 2025 / Dubai is rapidly solidifying its position as a global capital for aesthetic medicine, with the city’s thriving plastic surgery sector contributing …
Emirates NBD eyes RBL Bank stake for India, Asia play
Dubai lender exploring significant minority holding via primary capital infusion; RBL stock surged 21% in past month, over 64% in 6 months.
Trump-linked firm raises $220M, plans for IPO launch
Trump-linked crypto firm American Bitcoin raises $220M, plans public debut as Hut 8 expands operations to Dubai.
Real estate investment trusts are moving to centre stage
The UAE Real Estate Investment Trusts (Reits) have a promising outlook as it offer investors a way to tap into prime real estate without the hassles of direct ownership, says an expert. Madhav Dhar, …
UAE stock markets rise amid Iran ceasefire
The post UAE stock markets rise amid Iran ceasefire appeared first on Considerable.
Mistaken bank transfers in UAE? Using or returning money could be a crime
Scammers in the UAE are tricking victims by sending “accidental” bank transfers and urgently asking for the money back, often citing medical emergencies. Dubai Police warn that using or returning such …
UAE Central Bank issues commemorative coins for ‘Zayed and Rashid’ campaign
The Central Bank of the United Arab Emirates (CBUAE) has issued commemorative gold and silver coins to honour the …