Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution announced that its retail customers were able to conveniently participate in the …
SwissBorg enters the UAE to redesign the banks of the future
All-in-one crypto investment mobile app is now available to UAE residents to build their portfolio, earn yield and stay updated on the latest crypto news …
Clifford Chance, A&O Lead on $1.8B IPO of KFC and Pizza Hut’s Middle East Operator
The two international law firms will work alongside three Gulf Cooperation Council (GCC) outfits to execute the transaction …
Billionaires: Is Gautam Adani considering Dubai for his family office?
Gautam Adani, the world’s third-richest person with a net worth of $128 billion, is considering setting up a family office overseas to manage his ballooning wealth, according to sources. The chairman …
Sheikh Mohammed approves Dubai Countryside and Rural Areas Development Master Plan
The master plan will establish a distinct identity for each district and transform Dubai’s countryside and rural areas into key tourist destinations …
Yemen’s Government Signs $1 Billion Aid Package With UAE-Based Fund
The economic deal reportedly aims to help the Yemeni government establish monetary and fiscal stability through wide-ranging economic reforms …
Yemen signs billion dollar aid package with UAE-based fund
Yemen’s government signed a deal with the Arab Monetary Fund on Sunday, state media said, paving the way for the Saudi-backed administration to receive one billion dollars (£0.8 billion) of economic …
Yemen’s government signs $1B aid package with UAE-based fund
Yemen’s internationally recognized government signed a deal with the Arab Monetary Fund on Sunday, state media said, paving the way for the Saudi-backed administration to receive $1 billion of …
Dubai’s crypto push in spotlight after $32bn FTX collapse
Dubai has positioned itself as a crypto-hub – what does that mean after the collapse of FTX? Dubai’s crypto push in spotlight after $32bn FTX collapse binance, crypto assets, crypto business, Crypto …
FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants
Strain May be More Dangerous, Lab Study ShowsChevron to Resume Venezuela Oil Output as US Eases SanctionsAt Nantucket Retreat, Biden Family Weighs Run for Second TermUS Shoppers Kick Off Holiday …
UAE based Fintech Firm Qashio Secures $10M
UAE-headquartered fintech Qashio has raised $10 million in a seed round, “with participation from strategic international and regional investors.
India, UAE central banks discussing trade in rupee, dirham
India’s exports to the UAE rose by 17.6 per cent to about USD 18 billion during April-October this fiscal, according to the commerce ministry’s data.
Massage card scams on the rise in UAE: How cops are clamping down on the menace
Six million massage cards have been seized across Dubai and several gangs have been busted in the emirate and in Sharjah …
Dubai’s week-long real estate transactions reach Dhs15 billion
The real estate and properties transactions valued at Dhs15 billion in total during the week ending 25 November 2022. The sum of transactions was 2,867.
RBI, UAE central bank discuss mechanism to trade in local currencies
The central banks of India and the United Arab Emirates (UAE) are discussing the creation of a mechanism to engage in bilateral trade in local currencies, in order to reduce transaction costs for …
Dubai to be one of the world’s top digital economies, says Sheikh Hamdan
The new phase of the Dubai Metaverse Strategy was approved at the first meeting of the Higher Committee of Future Technology Development and Digital Economy.
UAE increases support for Emiratis salaries in private sector banks
This will contribute to building partnerships and supporting more than 170,000 Emirati beneficiaries in both the private and banking sectors over the next five years.