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Tag: finance

Posted on 12/01/2025

Lootah: Dubai’s unique competitive advantages position it as a global hub for the digital economy

His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, has affirmed that Dubai offers a wealth of promising and diverse opportunities across all sectors of the digital economy …

Posted on 12/01/2025

Uzbekistan and the UAE: Strong Bonds and Boundless Opportunities

In recent years, the partnership between Uzbekistan and the UAE has reached unprecedented heights, elevating bilateral relations to the level of a strategic alliance. The strong rapport between the …

Posted on 11/01/2025

Third edition of ‘1 Billion Followers Summit’ kicks off in Dubai

The third edition of the 1 Billion Followers Summit 2025, organised by the UAE Government Media Office, commenced on Saturday, and will run until …

Posted on 11/01/2025

Here’s how top crypto funds did in a monster year for digital assets

Brevan Howard Digital, mainly trading out of Abu Dhabi, is one of the bigger players in the crypto hedge fund space.

Posted on 10/01/2025

Bank Alfalah acquires stake in UAE fintech Jingle Pay

The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets …

Posted on 10/01/2025

Dubai Smart Rental Index 2025: Everything you need to know about the ‘game-changing’ and ‘improved’ system, according to experts

Dubai’s new Smart Rental Index 2025 leverages AI and real-time data to calculate rental values, aiming to enhance market transparency, protect tenant rights, and provide investors with accurate insigh …

Posted on 10/01/2025

‘I’ve never counted pennies, even when that’s all I had’: Dubai-based expat on wealth management

British expatriate and former Olympic speed skater Sarah Lindsay, founder of Dubai’s Roar Fitness, shares her journey of building a business from scratch …

Posted on 10/01/2025

UAE banks to post robust lending growth in 2025 amid supportive policies

The UAE banking sector will register robust lending growth in 2025, driven by the easing of the monetary policy and a supportive economic environment, according to S&P Global Ratings analyst Puneet …

Posted on 10/01/2025

Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay

Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in …

Posted on 10/01/2025

Hamilton Lane, Welwing Join Investment Firms Expanding to Dubai

Hamilton Lane Inc. and two Hong Kong-based hedge fund firms are expanding to Dubai, joining a rush of global peers setting up offices in the Middle Eastern city.

Posted on 09/01/2025

Gulf International Finance’s Madhavan Sivashankar on Adapting to a Transforming UAE Wealth Management Landscape

Madhavan Sivashankar, Founder & CEO of Gulf International Finance, shared his views with Hubbis for the UAE Private Wealth Management Year-End Review 2024. Reflecting on a year marked by growth and …

Posted on 09/01/2025

UAE’s FAB to offload $800m bad debt to Deutsche Bank – report

The German lender outbid other international candidates for the soured loans, but it is not yet clear how much it will pay for the loan book …

Posted on 09/01/2025

‘The sky is the limit’ on Damac investment in the U.S., Dubai property giant’s chief says

“We can use initially our own financial resources, but then [in the] second phase we can use [a] third party’s money,” Sajwani said of the planned investment.

Posted on 09/01/2025

ECI and Al Maryah Community Bank sign MoU to elevate ‘Xport Xponential’ initiative and drive economic growth

H.E. Raja Al Mazrouei, CEO of ECI, said, “Our partnership with Al Maryah Community Bank marks a critical milestone in supporting the Xport Xponential initiative, with regard to its role in driving the …

Posted on 09/01/2025

UAE Adds 11 Individuals and 8 UK Entities to Terrorism List

The UAE has recently expanded its terrorism list by adding 11 individuals and 8 UK-based entities. These additions are part of the country’s ongoing efforts to disrupt terrorism financing networks …

Posted on 09/01/2025

Mintiply Capital, Fuel Venture Capital To Back UAE Startups

Photo: Hasnae Taleb, managing partner at Mintiply Capital (L), and Jeff Ransdell, founding partner at Fuel Venture Capital (R). Courtesy of Mintiply Capital.Mintiply Capital, a UAE-based advisory and …

Posted on 09/01/2025

Deutsche Bank to Buy Bad Loans From First Abu Dhabi Bank

Deutsche Bank AG is set to acquire a portfolio of soured loans worth around $800 million from the United Arab Emirates’s largest lender in a rare large deal in the Gulf for distressed debt, people …

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