In support of the initiative to provide housing for senior citizens and special insurance protection for housing loans, the Ministry of Energy and Infrastructure, represented by the Sheikh Zayed …
Dubai bank facilitates $1bn funding deal for Pakistan
The Ministry of Finance on Wednesday announced that a Dubai-based bank has arranged a $1 billion syndicated financing facility for Pakistan.The five-year financing arrangement has been …
Dubai Airports hires bank to advise on potential IPO
DFM listing under consideration Moelis & Co assessing options Offering could amount to $1.5bn Dubai Airports is exploring an initial public offering and has hired Moelis & Co as its …
Dubai Municipality and Parkin sign agreement to enhance the efficiency of public parking infrastructure across the Emirate
Dubai, United Arab Emirates: Dubai Municipality has signed a Memorandum of Understanding (MoU) with Parkin Company PJSC, the largest provider of paid public parking facilities and services in Dubai, …
UAE Gender Balance Council showcases national achievements in advancing care economy, financial inclusion at G20 meeting
DUBAI, 8th July, 2025 (WAM) — the UAE Gender Balance Council highlighted the nation’s successful experience in women’s economic empowerment and its efforts to strengthen the care economy and …
Privately-held ADIG, Brazil bank sign $100-billion investment deal at BRICS summit
The deal is the largest economic Memorandum of Understanding at the event. It will establish a joint development investment fund aimed at advancing strategic sectors across BRICS nations and beyond.
NeOnc Technologies Stock Climbs on $50 Million UAE Investment Framework
Shares of NeOnc Technologies Holdings Inc (NASDAQ:NTHI) surged 8.3% following the announcement of a proposed $50 million investment deal with Quazar Investment aimed at expanding the company’s …
Dubai Islamic Bank arranges $1bln sovereign financing for Government of Pakistan
Dubai Islamic Bank (DIB) has announced the successful completion of a landmark $1 billion syndicated term-finance facility for the Government of Pakistan, arranged in collaboration with a consortium …
Live ‘Mortgage-Free” for a Year with Holo’s Life Changing Homeownership Campaign
Holo, a digital-first platform reinventing how people buy homes in the region, has launched an exciting summer campaign, …
Dubai Approves First Tokenized Money Market Fund by QNB and DMZ Finance
Dubai has approved the region’s first tokenized money market fund, marking a milestone in the city’s ambition to lead digital asset space.
UAE non-oil economy to grow faster at 5.5% in 2025, led by tourism, retail, says report
While production has only increased by 0.1 million barrels per day since Opec+ began to unwind cuts in April, July’s meeting has laid up for a more aggressive second half of the year …
Dubai’s luxury property sales continue record-setting streak
Sales of homes priced above $10 million surged to $2.6 billion between April and June, according to researcher Knight Frank …
Dubai Sets RWA Milestone With First Approval of Tokenized Money Market Fund
The Dubai Financial Services Authority has approved Qatar National Bank and DMZ Finance’s QCD Money Market Fund.
Little Caesars to launch first UAE restaurant in Dubai
Little Caesars is set to open its first restaurant in the United Arab Emirates (UAE) in July 2025, in Al Barsha, Dubai. The brand plans to expand further with two further locations in Jebel Ali and Al …
Led by ADIB, UAE banks surge ahead with region’s fastest market cap growth
The UAE’s banking sector is powering ahead with added momentum, recording the highest quarter-on-quarter increase in market capitalisation among lenders across the Middle East and Africa in the second …
How to Open a Business Bank Account In the UAE
To open a business bank account in the UAE, you must gather the right documentation, choose between banks, and submit your application to get approval.
Know-how: Inside Dubai’s push to join the top 5 cashless cities by 2033
This vision aligns with a global shift toward digital economies, where cashless transactions are lauded for their speed, security, and transparency …