Tag: finance

In a ground-breaking achievement in the banking sector, Abu Dhabi Commercial Bank (ADCB) proudly announced achieving 100% Emiratisation across all banking roles in its Al Ain branches. This milestone …

The move follows the initial acquisition in September 2023, further cementing DIB’s presence in Türkiye’s dynamic financial landscape …

Dubai Islamic Bank, the UAE’s biggest Shariah-compliant lender by assets, has increased its shareholding in Turkey’s T.O.M Group of Companies to 25% from 20%, exercising an option that was a part of …

By generating USD4.1 billion from 42 listings in 2024—the most in the region—Saudi Arabia consolidated its position in the Gulf Cooperation Council’s …

Markaz’s report stated that the UAE led the region in terms of IPO proceeds for the third year in a row, raising a total of USD 6.4 billion which constituted 49% of the total GCC IPO proceeds during …

Dubai: A distinguished delegation from Dubai’s Department of Finance (DOF), led by Mr. Arif Abdulrahman Ahli, Executive Director of the Planning and General Budget Sector, visited the Dubai Autism …

In six short minutes, scammers claiming to represent Dubai’s utility body stripped one man’s bank account of Dh2,300 ($626) leaving him penniless, after promising him a refund for an overpaid water …

In six short minutes, scammers claiming to represent Dubai’s utility body stripped one man’s bank account of Dh2,300 ($626), after promising him a refund for an overpaid water bill. Antonio da Silva, …

The cost of driving through Dubai’s Salik toll gates will increase during peak hours from the end of January. The price rises from Dh4 to Dh6 from January 31, a notification from the Dubai Financial …

As an experienced board leader and fintech executive, Amir Tabch leveraged his deep expertise in regulatory compliance to establish the UAE’s first regulated DeFi and digital asset brokerage—a …

The operator of Zara clothing and Virgin Megastore chains in the Middle East is exploring a possible initial public offering, according to people familiar with the matter.Most Read from BloombergThese …

A Dubai business will see a massive investment of $5bn as it looks to usher in new era of AI possibilities. Gulf Data Hub and KKR announced that funds affiliated with KKR will acquire a stake in GDH.

Business leaders in the UAE and India are uniquely positioned to redefine global collaboration. With the UAE acting as a bridge to global markets and India providing technological and human capital, …

Emaar Properties, Dubai’s largest developer, has confirmed talks with companies in India, including Adani Group, for a possible stake sale in its Indian subsidiary. The valuation and other terms of a …

Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, has met with the International Monetary Fund (IMF) Article IV consultation mission at …

The UAE and the US account for over half of FCNR (B) deposits at Indian banks, with a notable concentration in the Gulf region. Recent data reveals an increase in UAE’s share and a decline in US’s …

(Reuters) – Pakistan’s central bank said on Thursday that the United Arab Emirates has confirmed rollover of its two deposits of $1 billion each placed with state bank of Pakistan for another year.