Tag: finance

Dubai is solidifying its status as a premier destination for ultra-high-net-worth individuals and family offices, driven by a confluence of strat …

The UAE banking sector delivered a resilient performance in 2024, marked by double-digit lending growth, improved cost efficiency, and a five-year low in risk costs, according to a report by global …

Cost efficiency and asset quality shone as the cost of risk (CoR) hit a 5-year low at 0.5 percent …

Industry-leading Net Promoter Score (NPS) of 74 Abu Dhabi, UAE – Wio Bank PJSC has established itself among the top 10 most profitable neobanks globally and a leading UAE bank for retail and SME …

Dubai Bavaguthu Raghuram Shetty, the founder of the UAE’s largest private healthcare chain, has been ordered by the D …

Dubai real estate prices fell by 0.57% in January 2025 – the first decline since summer 2022 – signalling a market shift towards stabilisation, according to leading real estate intelligence authority …

ACET (ACT), a leading global blockchain-driven digital asset, has signed a significant Memorandum of Understanding (MoU) with Saif Belhasa Holding (SBH), one of the most influential business …

Sales volumes were down 4.6 per cent compared to December 2024, according to the latest Property Monitor monthly market report …

The UAE and Saudi Arabia led MENA M&A activity to more than $92bn last year, according to the latest EY MENA M&A Insights 2024 report. The MENA region recorded a 3 per cent rise in merger and …

About 1.5 million users in the UAE have enrolled with Aani, the central bank’s new instant payments platform, as the Emirates seeks to increase financial inclusion and move towards a cashless society.

Meanwhile, the UAE participated in the second G20 Finance and Central Bank Deputies (FCBD) meeting under the South African Presidency of the G20, which was held in Cape Town from 24-25 February, to …

Upon obtaining the required regulatory approvals, Egypt will be the first country in Mashreq’s network and outside the UAE to go live with the full suite of Mashreq NEO CORP products and services.

The UAE, represented by the UAE Ministry of Finance and the Central Bank of the UAE, participated in the first G20 Finance Ministers and Central Bank …

Dubai’s red-hot real estate market has recorded its first monthly price decline in over two years, signalling a long-anticipated shift toward equilibrium. According to Property Monitor, a leading real …

Meanwhile, the UAE participated in the second G20 Finance and Central Bank Deputies (FCBD) meeting under the South African Presidency of the G20, which was held in Cape Town from 24-25 February, to …

Dubai real estate prices fell by 0.57 per cent in January 2025, the first decline since summer 2022, signalling a market shift towards stabilisation, according to Property Monitor. While the first …

Bridgewater founder Ray Dalio compared the US debt to plaque building up in a heart, and said it was vital to act before the situation worsens.