This move reflects the bank’s continued commitment to provide financial services to its customers in the UAE and beyond …
Abu Dhabi’s ADNH Catering sets final IPO price
The catering unit of Abu Dhabi National Hotels has set the final IPO offer price per share at 0.96 UAE dirhams ($0.26), at the top end of the range offered when subscription began earlier this month.
UAE’s Major Step Toward Innovation In Finance
WION UAE’s Major Step Toward Innovation In Finance Posted: 16 October 2024 | Last updated: 16 October 2024 In a big move for the cryptocurrency landscape in the UAE. The central bank of the United …
Home from abroad: how working abroad can make it easier to secure a mortgage
Tens of thousands of Irish people go abroad every year: many see it as a short-term plan to turbocharge their homebuying prospects …
UAE’s ADNH Catering confirms IPO price at Dh0.96/share, gross proceeds at Dh864m
UAE’s latest IPO offered 40%, and each of 3 tranches was oversubscribed Dubai: The UAE’s latest IPO, from ADNH Catering, has set the price at Dh0.96 a a share, which is at the higher end of the range …
Dubai International Financial Centre announces digital assets will and English-language notary service
Dubai International Freezone announces new will for digital assets and major new English-language notary services …
UAE Strengthens Anti-Money Laundering Framework: Key Updates and Amendments
The UAE has reinforced its commitment to combating financial crime with significant updates to its anti-money laundering (AML) legislation.
UAE’s Central Bank approves the launch of an AED stablecoin
The United Arab Emirates (UAE) has granted AED Stablecoin LLC in-principle approval to launch AE Coin, the country’s regulated stablecoin. The stablecoin issuer aims to improve payments and …
Dubai: Fintech Surge lays strategic focus on finance, investment
The panelists discussed real-world applications like decentralised insurance, tokenised real estate, and blockchain-based voting systems …
UAE: Soon, pay with your hand at Metro stations, withdraw cash using ‘palm vein’ technology
Current modes of payment such as credit cards and digital applications will soon be history in the UAE as residents will no longer need these tools for pay..
UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded
The Central Bank of the United Arab Emirates (CBUAE) granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework. AED Stablecoin’s preliminary license approval …
UAE Approves In-Principle License to First AED Stablecoin Issuer
The Central Bank of UAE has granted partial approval for AED Stablecoin, allowing it to issue the first regulated dirham-pegged stablecoin.
Dubai woos digital startups as it looks to triple number of app developers, targets £27.2bn boost
Dubai Chamber of Digital Economy is supporting startups and fostering growth as it presents highlights at Expand North Star 2024 …
VEON Announces Plan to Move its Headquarters to Dubai International Financial Center
With the move of its headquarters to its hub in the Dubai International Financial Centre (DIFC), the Group will become the largest Nasdaq-listed company with its Group headquarters in Dubai, which is …
Why the UAE’s capital markets are stealing the spotlight
As the UAE solidifies its position as a leading global financial hub, its capital markets are thriving like never before.
Horizon Robotics Said to Draw Alibaba, Baidu as Investors in IPO
Alibaba Group Holding Ltd. and Baidu Inc. are among the cornerstone investors in the Hong Kong initial public offering of Horizon Robotics, a Chinese provider of software and hardware used in …
UAE stock markets close Monday in green
UAE: $381.2mln in local stock market liquidity at start of week. Image courtesy WAM. Image for illustrative purpose. The main index of Dubai Financial Market (DFM) ended Monday’s trading session …