Tag: finance

The Central Bank of the UAE (CBUAE) has suspended the business of Al Razouki Exchange for three years due to violations of anti-money laundering law, it was announced on Friday. Two of the company’s …

ABU DHABI – The Central Bank of the UAE (CBUAE) has suspended the business of Al Razouki Exchange, an Exchange House operating in the UAE for a period of three years and has closed two of its Branches …

Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, a Bloomberg report stated on Wednesday. The development comes on the back of an influx of high-net …

A landmark fund launched by the United Arab Emirates a year ago has managed to spend just a small fraction of its cash, as it tries to find deals suited to its mandate of investing in the energy …

Nasdaq Dubai has announced the listing of two bonds by the Ministry of Finance of the People’s Republic of China, worth a combined $2bn. One is a three-year $1.25bn bond and the other is a five-year …

Nasdaq Dubai today announced the listing of 2 bonds by the Ministry of Finance of the People’s Republic of China. One is a three-year US$1.25 billion …

Dubai-based contractor Drake & Scull International has appointed Muin Al Saleh as its new chief executive, as the company looks to expand operations following a debt restructuring deal with creditors …

With a compound annual growth rate of 8.70% over the past two years, the UAE’s digital banking sector has accelerated, with continued growth projected at a CAGR of 4.80% from 2024 to 2029 …

Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after subscriptions opened, in the latest sign of robust demand for regional …

October sales, which passed 20,000 for the first time in history, beat September’s by 13 per cent, while mortgage transactions rose 3.2 per cent month-on-month to their highest levels yet, according …

Most stock markets in the Gulf were subdued on Wednesday as investors turned cautious amid simmering geopolitical tensions, although Dubai index hit an over 10-year high on finance and real estate …

A total of 20,460 sales transactions were recorded last month, an increase of 13 per cent compared to September …

Dubai’s financial hub is now home to family offices that control over $1 trillion in assets, driven by the influx of high-net worth individuals over the past few years.Most Read from BloombergParis to …

Dubai’s financial hub is now home to family offices that control over $1 trillion in assets, driven by the influx of high-net worth individuals over the past few years.

DUBAI: The United Arab Emirates (UAE) introduced new administrative and tax relief measures for local businesses in, foreign partnerships and family …

The UAE is setting the standard for Middle Eastern banking innovation, commanding the largest share of the region’s $3.2tn in banking assets and driving rapid digital growth that places the country at …

The UAE is setting the standard for Middle Eastern banking innovation, commanding the largest share of the region’s $3.2 trillion in banking assets and driving rapid digital growth that places the …