Trading on the Abu Dhabi Securities Exchange and the Dubai Financial Market is set to resume on Wednesday, the Securities and Commodities Authority said …
Dubai, UAE, Iran War LIVE News Updates: Dubai market to resume after drone strike near US Consulate; flight prices skyrocket
Drone attack near US Consulate in Dubai; passengers stranded at Dubai airport.
Mortgage rates jump after Iran strike rattles markets
Mortgage rates rose after military action as MND put the 30-year rate at 6.12%, while HousingWire Data reported 6.19% for conforming loans.
The Iran war is a jolt to Dubai’s business model
Now Iran’s retaliation against the American and Israeli attacks that began on February 28th has hit the heart of all this—and shaken Dubai’s halo of safety. The Fairmont, a hotel on the Palm Jumeirah, …
Dubai news LIVE: UAE holiday cancellation rises; Dubai financial market to reopen tomorrow
Dubai news LIVE updates: UAE defence ministry spokesperson highlighted the barrage of Iranian strikes on Dubai, Abu Dhabi and other parts of the country. 186 missiles were launched against the UAE, of …
UAE banks reassure customers of uninterrupted operations; warn of fraud risks
Banks operating in the United Arab Emirates confirmed on Tuesday that all operational activities remain normal and uninterrupted, aiming to reassure customers and ensure the continuity of …
Hedge Funds, Banks face unexpected threat in “safe” Dubai, Abu Dhabi
Missile, drone attacks hit Dubai and Abu DhabiBanks and hedge funds activate contingency plansUAE’s safe-haven image faces first real test Sign up fo …
Rs 3.2 cr ticket, 10-hour drive: How billionaires are exiting Dubai
The Gulf emirate – a favorite playground for billionaires and influencers attracted by tax-free lifestyle, and perception of safety – has been on edge since Iran targeted US assets in the Middle East …
Markets Shut, Capital Paused: How Iran-Israel Tensions Are Testing UAE’s Financial Hub
Institutional investors are likely to continue funnelling funds into industrial parks, logistics hubs, warehouses and data centres, asset classes tied to sustained infrastructure-led demand.
UAE Central Bank publishes responsible AI guidance for financial sector
Recent guidance published by the Central Bank of the United Arab Emirates (CBUAE) underscores that AI use in the financial services sector must uphold good governance and consumer protection.
Abu Dhabi Commercial Bank’s services hit by regional IT disruption
The outage at the UAE lender comes as Amazon Cloud’s unit AWS’ data centers in Bahrain and the UAE faced power and connectivity issues …
From Scale to Substance: David Smylie on the Institutionalisation of Independent Wealth Management in the UAE
The United Arab Emirates has spent the past decade accelerating its transformation from a regional booking centre into a fully-fledged global wealth management hub. What began as a jurisdiction …
UAE lenders suffer outages after Amazon data centre hit by ‘objects’
The outages came after Amazon Web Services said its cloud services had been disrupted on Monday after unidentified objects struck a UAE data centre, causing a fire, Reuters reported. AWS said it was …
Dubai’s safe-haven status being put to the test
“The physical damage may be slight, and most of the pain thus far is psychological. But Dubai’s status as a safe-haven for expatriates and their businesses is in increasing doubt. The longer the war …
UAE stock markets close, trading halted by Abu Dhabi Securities Exchange and the Dubai Financial Market for two days amid Iran–US–Israel war fallout
In an unprecedented economic response to escalating regional conflict, the United Arab Emirates has announced that its two major financial markets, th.
What is happening in Dubai? A look at key developments as tensions spread across the Gulf
Israel conflict; flights suspended, markets halted, and major attractions closed as explosions and drone debris trigger citywide emergency alerts.
Abu Dhabi, Dubai stock exchanges shut on March 2-3 as tensions escalate across the Middle East region
The Capital Market Authority said the decision was taken in line with its regulatory and supervisory mandate and in accordance with the applicable laws and regulations …