WTI Cabs aims to launch its NSE SME IPO in the month of January 2024 provided its gets SEBI’s nod as per its estimates …
Dubai property prices pass 2014 levels to reach all-time high, up 45% in three years; 130,000 transactions expected this year
The 394 bulk loans issued for the month were spread across several projects, most notably portfolio mortgage registrations in Siraj Tower (203) in Arjan, Rokane G22 (62) in Dubai’s Jumeriah Village …
UAE announces new law introducing authority to combat corruption and audit public finances
The UAE has announced a new authority to audit public finances and combat corruption in the country. President Sheikh Mohamed bin Zayed Al Nahyan has issued Federal Decree-Law No. (56) of 2023 on …
NWTN Collaborates with Abu Dhabi Islamic Bank for Innovative Auto Financing Solutions
NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), is proud to announce a …
The DFSA and the HKMA join efforts to accelerate sustainable finance across the Middle East and Asia
The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) announced today a partnership aimed at exploring how to furthe …
Dubai Islamic Bank Unveils ‘Nest’ – A Breakthrough in Green Living
In a move that underscores its commitment to sustainability and responsible banking, Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, toda …
Expat scam: Dubai residents targeted in new banking fraud
Some Dubai expats fell victim to a new banking fraud scheme which has drained accounts through unsolicited online purchases.
When interest rate cuts happen, Dubai homes will again turn affordable for mid-income buyers
As a result, properties will become more affordable in the US next year, and as the UAE Central Bank moves in step with the Fed, this will create greater affordability in the UAE. One of the concerns …
Indian rupee drops against UAE dirham, premiums dip on Fed push back
Asian currencies struggled after more Fed officials indicated that the market is probably ‘too optimistic’ in its rate cut expectations, experts say …
Dubai FinTech Summit 2024: Catalysing the MEASA Financial Ecosystem
The Dubai FinTech Summit is a strategic platform aligned with Dubai’s vision to become one of the top four global financial hubs by 2033.
UAE: Loans based on remittances, split rent payment app in Dubai soon?
Several firms exhibited their products at FinTech Accelerator Programme which showcased the accomplishments of this year’s shortlisted start-ups …
Dubai’s RTA reveals aspiring USD435B digital strategy for 2023-2030
Dubai’s Roads and Transport Authority (RTA) has unveiled a comprehensive digital strategy, spanning the period from 2023 to 2030, encompassing 82 pro …
Mashreq partners with Visa on global money movement solution for customers in UAE
Mashreq becomes the first bank in the GCC to leverage Visa Direct Account capability for customers to move money globally in near real time …
Ajman Bank Awarded Coveted ISO 22301:2019 Certification for Business Continuity Management
Ajman Bank, one of the leading Islamic financial institutions in the UAE, has been awarded the prestigious ISO 22301:2019 certification. This globally r …
IPL 2024 Auction: Players Who Might Break The Bank In Dubai
Get the latest updates on the upcoming IPL auction in Dubai. Who will be the hot picks? Anticipate high bids for top-notch players like Pat Cummins, Rachin Ravindra, and more. An event not to be …
BlackRock to invest up to $400 mln in Dubai decarbonisation firm Positive Zero
BlackRock will invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on Monday.
Riding the Rising Green Wave of Sustainable Finance Across the Gulf
Green sukuk, blending eco-friendly investments with Islamic finance principles, has taken off in the last couple of years. In the GCC, there was an impressive issuance of $8.5billion in green bonds …