Botim users in the UAE will send money directly to CBE accounts, other local banks, mobile wallets, or for cash pick-up at more than 1,900 of the lender’s branches …
Dubai Investments considers IPO for flagship industrial park
Dubai Investments is considering listing one of its units, amid the continued momentum of initial public offerings in the region. Chief executive Khalid bin Kalban indicated an initial public offering …
CEO Jayesh Patel on Wio Bank’s rise in UAE’s digital banking space
Patel discusses the strategic thinking behind Wio Bank’s success, its unique approach to serving SMEs and customers, and his vision for the future of banking in the region …
Will Revolut’s UAE launch mean cheaper remittances and faster money transfers?
The UK-based financial technology company Revolut’s entry into the UAE is expected to lower remittance fees, speed up money transfers, raise the bar of digital financial services and improve customer …
UAE office rents jump 31% in Q2 2025 as vacancies hit record lows, retail demand accelerates: JLL
UAE office rents soared in Q2 2025 with Abu Dhabi up 31% and Dubai retail contracts rising 9%, as vacancies hit record lows, JLL reports …
Dubai Debuts Blockchain Mortgage System
While blockchain technology is slowly making its way into the U.S. mortgage industry, it has already taken root and blossomed in the United Arab Emirates (UAE). According to a report in the UAE …
Dubai merges troubled mortgage lenders
We’ll send you a myFT Daily Digest email rounding up the latest United Arab Emirates news every morning. The government of Dubai yesterday sought to reassure increasingly nervous real estate investors …
Dubai issues first mortgage law to regulate sector
DUBAI – His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has issued a new mortgage law as part of moves to regulate Dubai’s booming …
Dubai Investments Seeks to Ride Property Boom With Unit’s IPO
Dubai Investments PJSC is in talks with banks to list a unit that operates one of the emirate’s largest mixed-use real estate developments, seeking to capitalize on surging property demand.
Wedding Economy Play? Shringar House Of Mangalsutra IPO Oversubscribed On Day 2
Shringar House of Mangalsutra’s IPO has witnessed strong investor demand in its second day of bidding, with shares trading at a grey market premium (GMP) of about 16%. The company plans to raise ₹401 …
Klarna could trigger a fintech IPO boom but can London benefit?
Klarna’s hot debut on the New York Stock Exchange has opened the doors for a flood of fintech listings but analysts are raising concerns whether the London market can enjoy this new stream. The …
Betterhomes: Dubai to Welcome Nearly 10,000 Millionaires in 2025; That’s More Than One New Millionaire Every Hour!
Dubai’s transformation from a transient luxury stopover to a permanent global wealth capital is accelerating, according to Betterhomes’ data-led report, Dubai: No Longer a Pit Stop, But the Finish …
BTA Finance Limited partners with Avaloq to digitally transform wealth and investment management operations in Dubai
This will create the optimum operational foundation for BTA Finance Limited to deliver an outstanding wealth management experience at scale, while leveraging data-driven insights to support clients wi …
Will Dubai Residential REIT’s IPO be the next big draw for new investors to DFM?
Dubai: As the first Dubai IPO of 2025 gets rolling, more investors – and especially non-UAE ones – are ready to sign up to trade on the Dubai Financial Market (DFM). Dubai Holding is putting up its …
Greenstone DIFC expansion unlocks access to global private funds for DIFC-based investors
Greenstone, the largest fund placement firm in the Middle East, has obtained a Category 4 licence from the Dubai Financial Services Authority (DFSA) to …
UAE unveils low-cost AI model to compete with DeepSeek
An AI research university in Abu Dhabi has launched a new low-cost reasoning model that’s a fraction of the size of available options while performing just as well, according to the developers.
UAE expats increasingly drive shift to digital remittances
The shift towards digital remittances in the UAE mirrors a global trend. The World Bank estimates that digital remittances will account for nearly half of global flows by 2030, up from about 35 per …