Net profit increased 49% year-on-year (YoY) to AED 316 million for the nine months ended 30 September 2025 (9M 2025) …
On the ground in Dubai: What it’s like working and living in the burgeoning financial hub
The Gulf city has grown rapidly as financial services talent is drawn to the lifestyle and tax advantages offered by the UAE’s biggest city.
UAE-Based Cercli Raises US$12 Million In Series A Round, Marking Germany-Based Picus Capital’s First MENA Deal
UAE-based workforce management platform Cercli has raised US$12 million in a Series A round led by Germany-headquartered early-stage technology investment firm Picus Capital, marking the latter’s …
UAE Cabinet approves record Dhs92.4 billion Federal budget for 2026
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday chaired a Cabinet meeting at …
UAE families among top global adopters of AI, digital assets: Standard Chartered
Standard Chartered Global Private Bank today released its research findings on ultra-high-net-worth (UHNW) families, revealing 71% of UAE families believe they should strategically invest in digital …
ICAP’s CFO conference in Dubai focuses on financial leadership through agility and innovation
The Institute of Chartered Accountants of Pakistan (ICAP) brought together global finance visionaries, policymakers, and industry trailblazers at the 5th CFO Conference Middle East 2025 in Dubai, …
UAE’s Amlak Finance exits operations in Egypt through $8.4mln deal
In line with its strategic objectives, the transaction marks the company’s full exit from its operations in Egypt. It will have an impact on the financial position by reducing the retained earnings by …
Almasar Alshamil IPO to open next month
Almasar Alshamil Education, a subsidiary of Dubai’s Amanat Holdings, will list on the Saudi Stock Exchange following approval from the Capital Market Authority in September, the company announced on …
‘Get used to Arabic coffee’: What it’s like to fundraise and invest in the Middle East
Global asset managers are racing to tap the Middle East’s trillions in wealth. Locals share what will actually win investors’ trust.
Emirates NBD completes finance lease facility of two A321neo aircraft for IndiGo
The transaction with IndiGo, India’s preferred carrier, marks Emirates NBD’s first aircraft Finance Lease transaction …
Dubizzle fizzles: UAE IPO pulled – IFR
The abandonment of UAE classified ads business Dubizzle’s IPO has highlighted the challenges facing Middle East ECM after a year of weak aftermarket performance that is in stark c …
Is the UAE building the region’s first true open finance economy?
Cross-border payments are built in from the start—a critical feature in an economy where trade, investment flows, and remittances are central. While other frameworks were designed primarily for …
Al Ahly Pharos Investment Banking acts as exclusive sell-side advisor to Amlak Finance PJSC (UAE)
Dubai, UAE / Cairo, Egypt – Amlak Finance PJSC, a specialized Islamic Real Estate Finance company headquartered in Dubai, UAE, announced today that it has signed a definitive agreement with Al Baraka …
Freedom Bank Wins an Award in Dubai
Thus, Freedom Bank Kazakhstan, a part of Freedom Holding Corp., a NASDAQ-listed finance and technology group, received the award in the category ‘Growth Driver for Small and Medium Enterprises (SMEs)’ …
Commercial Bank celebrates UAB’s 50th anniversary
As United Arab Bank (UAB) marks its 50th anniversary, Commercial Bank extended its heartfelt congratulations and joined the celebration at the gala dinner in the Museum of …
Dubizzle Group Delays IPO Amid Volatile UAE Listing Environment
Dubai-based classifieds giant Dubizzle Group has postponed its much-anticipated initial public offering (IPO) on the Dubai Financial Market (DFM), …
UAE opens Shariah-compliant Treasury Sukuk (T-Sukuk) to individual investors for the first time
The UAE Ministry of Finance has launched Retail Sukuk, allowing citizens and residents to invest in Shariah-compliant, government-backed T-Sukuk digitally, starting from AED 4,000. Previously limited …