Dubai-listed companies kicked off 2025 with a solid earnings season, reporting a 6.3 per cent year-on-year rise in net profits during the first quarter. Total net earnings reached $6 billion, up from …
Dubai real estate records $399 million in tokenised property sales in May
Dubai’s tokenised real estate sales hit $399 million in May as new rules and a government platform boost adoption.
Deutsche Bank appoints Majed Julfar as Head of Corporate Coverage Middle East & Africa and Chief Country Officer for the UAE
Deutsche Bank today announced the appointment of Majed Julfar as Head of Corporate Coverage for the Middle East and Africa (MEA) and Chief Country Officer (CCO) for the United Arab Emirates, effective …
Emirates NBD partners with Siemens to boost financing for large-scale green infrastructure projects and support decarbonisation in the UAE
Creative financing deal between major banking and industrial institutions aligns with the UAE’s Net Zero by 2050 Strategic Initiative …
UAE model for business environment development, says InvestHK official
Charles Ng, Associate Director-General of Investment Promotion at the Invest Hong Kong (InvestHK), said that economic ties between Hong Kong and the UAE are experiencing steady and promising growth …
UAE: Emirates Islamic Bank to delist from Dubai stock market
Emirates Islamic Bank (EIB) on Monday said it will delist from the Dubai Financial Market (DFM) after Emirates NBD acquired all of its shares. In a statement to DFM, where it is listed, EIB said it …
Emirates NBD completes mandatory acquisition of Emirates Islamic Bank shares
The acquisition gives Emirates NBD 100 per cent ownership of Emirates Islamic Bank’s entire issued and paid-up share capital …
Damaged UAE banknote? Check if you qualify for compensation under CBUAE rules
The Central Bank of the UAE has established clear guidelines for residents seeking compensation for damaged banknotes. Compensation, either full or half value, hinges on the amount of the note …
Dubai takes control of linchpin of emirate’s consumer economy
Government steps in to overhaul governance and resolve troubled succession at Majid Al Futtaim’s parent company …
Dubai real estate sales hit $18B in May amid tokenization push
Property sales in Dubai surged 44% year-on-year to $18.2 billion in May 2025, signaling readiness for real estate tokenization as regulations and billion-dollar deals take shape.
Dubai mortgage company merger still not certain
It makes sense because Amlak and Tamweel, which represent more than 60% of the mortgage industry in Dubai, are very important to the real estate market,’ he said. He said that there is a common …
30 Sanctioned in One Blow! U.S. Cracks Down on Iran’s UAE-Hongkong Shadow Banking Network
The United States has launched a new wave of sanctions targeting a secret financial network that helps Iran move billions of dollars around the world. This system, often called a “shadow banking” …
Ctrl Alt Obtains VARA License, Becomes First VASP Authorized to Conduct Issuer Services in Dubai
Ctrl Alt, a tokenization infrastructure platform, has officially secured its license from Dubai’s Virtual Assets Regulatory Authority (VARA).
US-UAE multi-billion dollar AI data campus deal far from finalised, sources say
A multi-billion dollar deal to build one of the world’s largest data centre hubs in the United Arab Emirates with U.S. technology is far from being concluded due to persistent concerns around security …
Dubai grants DIFC licence for Transamerica Life Bermuda as it boosts insurance for HNWI
Transamerica Life Bermuda, the global high-net-worth (HNW) life insurer, has been granted a licence by the Dubai Financial Services Authority (DFSA) to establish a presence in Dubai International …
UAE businesses confident of international trade growth despite tariff woes
Businesses in the UAE remain highly confident in their international trade prospects, with 94 per cent saying they expect to grow cross-border trade in the near future, according to HSBC’s 2025 Global …
Dubai’s FIVE Holdings mulls IPO and listing in London or New York: Report
Founder and Chairman Kabir Mulchandani has always looked at Dubai for primary listing, but a Reuters report says it could be an international exchange …