Dubai has achieved its highest-ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place globally, underscoring the …
Dubai lands its highest ranking among global financial hubs
Emirate climbs to the seventh spot in latest Global Financial Centres Index, jumping four places in only six months …
Dubai to introduce major changes in banking, education and travel from April
Dubai will implement key changes in April 2026, including the removal of OTPs for banking, resumption of in-person classes, return of airline services and the end of a temporary residency rule.
Hedge fund pledges to open outpost in Dubai as rivals evacuate offices
Hedge fund giant Citadel is pushing ahead with plans to open a new office in Dubai even as its rivals rush to evacuate traders from offices threatened by Iran.
Hedge fund Verition looks to extend Dubai lease despite Gulf War
Verition Fund Management is looking to extend its office lease in Dubai, in a sign that the United Arab Emirates hub remains key to the firm’s long-term plans despite a regional conflict that’s now in …
The 4 Dubai changes coming in April you need to know
These are the major Dubai changes to look out for this month. In April, we’re set to see schools return to in person learning and much more.
Hedge fund Millennium explores shifting Dubai staff to Jersey
US hedge fund Millennium Management is exploring ways to settle staff who do not want to return to Dubai in Jersey, as some employees seek tax-favourable alternatives amid the war in the Middle East.
Millennium Explores Relocating Its Dubai Staff to a New Base
Millennium Management is exploring ways to move its Dubai-based employees who no longer want to be based in the emirate to another location, as the war in the Middle East roils businesses.
US hedge fund Millennium considers moving Dubai staff to Jersey
US hedge fund Millennium Management is exploring ways to settle staff who do …
Dubai’s bankers contemplate post-conflict prospects
Dubai’s financial landscape faces a significantly altered reality as authorities work to restore trust in the regional economy © Fadel Senna/AFP via Nearly four weeks after the launch of Iranian …
UAE Central Bank launches resilience package
The CBUAE board has approved a five-pillar support framework and confirmed that foreign exchange reserves have reached a record high …
StanChart-Backed Vault22 Eyes UAE Move, Islamic Finance Platform
Vault22, a fintech company backed by Standard Chartered Plc’s innovation unit, plans to enter the Islamic finance market with Shariah-compliant personal-finance and wealth-management offering in the …
Bankers leave Dubai in growing numbers as anxiety mounts
Bankers have begun leaving Dubai and the United Arab Emirates in growing numbers as anxiety about the Middle East conflict grows and fears rise about prolonged fighting. An initia …
No more OTPs: UAE bank says ready to roll out app verification
UAE banks said the majority of customers have shifted from traditional one-time passwords and that they have rolled out in-app security codes for online transactions ahead of the complete phase-out of …
Dubai’s thriving global financial hub faces wartime stress test
In the space of just three decades, Dubai has built itself into one of the world’s major financial hubs – a magnet for global banks, investors and wealthy expatriates. But the war in the Middle …
UAE Central Bank Supports Lenders as Iran War Continues
The United Arab Emirates’ central bank rolled out a resilience package to support the banking sector and boost liquidity and lending capacity as the fallout from the Iran war ripples through regional …
Dubai Airports IPO would be ‘successful’ if shares were listed, CEO says
If Dubai were to sell a stake in its airport, the world’s busiest international hub for 10 years in a row, it would be a success and would likely attract international institutional investors, Dubai …