The new sanctions come as the UAE doubles down on its efforts to improve its financial system – which include implementing stricter policies for financial firms UAE slaps administrative sanctions on …
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Dubai is emerging as a favourite for the ultra-rich, and Ambani’s reported purchase cements this status
Dubai has been a red-hot property market, and its status has only gotten a boost as demand was spurred by geopolitical instability in Europe and mortgage buyers looking to get in ahead of …
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UAE stocks gain $1.1 billion, driven by real estate, banking blue chips
The gains were notable in the realty and banking sectors, and cash inflows by institutions and individuals alike UAE stocks gain $1.1 billion, driven by real estate, banking blue chips Abu Dhabi, …
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School operator Taaleem prepares for Dubai listing
Dubai school operator Taaleem Holdings has received shareholder approval to sell part of its share capital in an initial public offering and list its shares on the Dubai Financial Market.Shareholders …
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UAE: Firm fined Dh1.3 million for violating anti-money laundering laws
Wise did not establish and maintain adequate AML systems and controls to ensure full compliance with requirements …
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China’s Grid Giant sets up office in Dubai International Financial Centre
State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up in Dubai International Financial Centre (DIFC), …
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China’s Grid Giant sets up office in Dubai International Financial Centre
State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up in Dubai International Financial Centre (DIFC), …
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Watch CNBC’s full interview with the UAE’s assistant minister for economic and trade affairs
Assistant Minister for Economic and Trade Affairs Abdulnasser Alshaali speaks to CNBC’s Dan Murphy about ways to combat food insecurity in the MENA region.
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Dubai school operator Taleem Holdings to list IPO on DFM
Shareholders on Monday approved the conversion of Taaleem from a private joint stock company into a public entity through the IPO, and will also see a book-building process. Dubai school operator …
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Dubai school operator Taaleem to forge ahead with IPO
Taaleem revealed shareholders had voted in favour of conversion from private joint stock company Dubai school operator Taaleem will forge ahead with its IPO plans following shareholders’ approval for …
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UAE central bank launches digital portal amid effort to be ‘among top central banks globally’
Website visitors will be able to access various digital services, such as the purchase of commemorative coins, museum visit bookings, along with other interactive platforms UAE central bank launches …
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Dubai schools operator Taaleem is next up for an IPO and listing on DFM
In the ad, Taaleem confirms the transition into a ‘public joint stock company’ and the DFM listing. It informs creditors that they have the ‘right to object to the conversion process within a period …
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Empower produces hot growth numbers with its cooling business
The company, which is an IPO target for Dubai, said the number of buildings served by its district cooling system grew 13 percent from last year, and 41.3 percent in the past five years Empower …
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UAE’s Central Bank launches new corporate website with interactive digital services
The website provides the latest financial and monetary news, research and statistics on the UAE and CBUAE regulations..
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UAE’s Burjeel working on Saudi investment plans, explore possible opportunities: Chairman
UAE-based Burjeel Holdings is mapping out the latest plans to launch projects and initiatives for investment in Saudi Arabia, CEO Shamsheer Vaya …
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UAE breaks records with $19.8bln diamond trade in H1
There are three ‘c’s that have played an important role in Dubai’s meteoric growth in the sector: community, collaboration, and climate …
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UAE breaks new records with $19.8 billion traded in H1 2022
The UAE is not only the official rough diamond capital of the world, but the largest and fastest growing hub, having increased its polished trade by 52.5% and its H1 2022 gross trade to $19.8 billion, …
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