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Tag: finance

Posted on 28/01/2026

UAE pilots region’s first biometric payments using facial and palm recognition

The solution is enabled by Network International and powered by PopID, combining biometric authentication with secure payment processing infrastructure …

Posted on 28/01/2026

Dubai’s Magellan Capital launches flagship $975m hedge fund

Dubai Financial Services Authority (DFSA) -regulated investment manager Magellan Capital has launched its flagship multi-strategy hedge fund with $975 million of public markets assets, marking the …

Posted on 28/01/2026

UAE’s biggest bank FAB net profit rises 22% in fourth quarter

First Abu Dhabi Bank reported an increase of 22% in fourth-quarter net profit, driven by growth in its operating income amid “sustained business momentum” and rising non-interest income, it said in a …

Posted on 28/01/2026

Dubai announces largest demand-led expansion of a financial centre in the Middle East, Africa and South Asia – with a total gross floor area of 17.7mn sq.ft.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today launched the expansion of Dubai International Financial Centre (DIFC) that …

Posted on 27/01/2026

Dubai to expand financial hub with $27 billion in new projects

Dubai is planning projects worth more than 100 billion dirhams ($27 billion) to expand the Gulf financial hub as an influx of foreign firms pushes occupancy to limits and leaves global firms …

Posted on 27/01/2026

Dubai unveils $27.2bn DIFC Zabeel District in landmark financial hub expansion

Dubai unveils $27.2bn DIFC Zabeel District, a landmark expansion set to reshape the city’s financial hub amid global finance ambitions …

Posted on 27/01/2026

Mortgage AI moves from ‘Faster’ to ‘Smarter’ for UAE homebuyers in 2026

AI-powered PropTech and mortgage platforms, are projected to grow to approximately $837.5 million in 2026 in the UAE, forecasted to reach approximately $1.55 billion by 2030; Duba …

Posted on 27/01/2026

Dubai’s Emirates NBD posts net profit rise in 2025 driven by record lending growth

Emirates NBD said total gross loans climbed ​24% to 658 billion dirhams as of the end of December, driven by markets including Saudi Arabia …

Posted on 27/01/2026

How to Invest in Hedge Funds: Insights for Accredited Investors

Explore how accredited investors can access hedge fund opportunities, including indirect methods to capture unique returns and understand key requirements.

Posted on 27/01/2026

Wio Bank and Pine Labs: Modernising Payments in the UAE

Wio Bank and Pine Labs have joined forces to enhance digital payment infrastructure and merchant onboarding across the Middle East fintech market …

Posted on 26/01/2026

Pine Labs partners with UAE-based Wio Bank for tech infrastructure

Apart from the UAE, Pine Labs currently offers Credit+ in India, Sri Lanka, the Middle East, Africa and Southeast Asia …

Posted on 25/01/2026

First Abu Dhabi Bank joins as Official Banking Partner for the first-ever Open Masters Games in the Middle East

Reflecting the shared vision of both organisations to supporting initiatives that promote health, participation, and social cohesion …

Posted on 23/01/2026

For UK Firms in Dubai, Banking is Simple, and Skrooge.ai Brings the Same Ease to Accounting

More British companies are choosing to run their businesses in Dubai. By 2026, Dubai will host more than 1.4 million active companies, with around 250,000 new f …

Posted on 23/01/2026

Dubai’s Binghatti shelves IPO plan on strong balance sheet

The chairman of Binghatti Holding has reportedly ruled out a public listing, given the Dubai-based developer’s strong balance sheet and available funding recourse. Mohammed BinGhatti told Asharq …

Posted on 22/01/2026

CRDB Bank opens Dubai office to channel global capital into East and Central Africa’s economy

The desert sun was setting over Dubai’s skyline when Tanzania’s CRDB Bank marked a milestone that felt bigger than finance. At the Intercontinental Hotel Dubai Festival City, against …

Posted on 22/01/2026

Syria, UAE discuss strengthening banking and financial cooperation

Syrian Finance Minister Mohammad Yisr Barnieh on Thursday met with United Arab Emirates Ambassador to Syria, Hamad Rashid bin Alwan …

Posted on 22/01/2026

Mena Banking Excellence Awards join Dubai Future Finance Week 2026

Awards programme will be co-located with the Dubai FinTech Summit, the flagship event of Dubai Future Finance Week, expanding global visibility for Mena banking excellence …

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