Dubai Financial Market (DFM) on Monday announced that its net profit increased by 109 per cent to Dh186.2 million for the period ended 30 September …
UAE’s new housing policy allows citizens to resell houses, transfer mortgage
Cabinet meeting chaired by Sheikh Mohammed announces UAE Government Annual Meetings, formation of Emirates Drug Establishment …
Dubai to host AI & Web3 Festival on 11-12 September
The ‘Dubai AI and Web3 Campus’ today announced the inaugural ‘Dubai AI & Web3 Festival’ organised by Dubai International Financial Centre (DIFC), …
Dubai Financial Market posts 109% rise in net profit for the first nine months of 2023
Image Credit: Shutterstock Dubai Financial Market (DFM) posted a 109 per cent jump in net profit to Dh186.2 million during the first nine months of 2023, driven by an evident increase in the number of …
COP28 in UAE: Map to fast-tracking energy transition unveiled to keep 1.5°C within reach
The COP28 Presidency, the International Renewable Energy Agency (IRENA), and the Global Renewables Alliance (GRA) have launched a joint report on fast-trac..
Dubai Taxi plans to raise $300mln from IPO next month – Report
Dubai Taxi Corporation, a unit of Dubai’s transport regulator, plans to raise nearly $300 million from a listing on the local bourse next month, Bloomberg reported, citing informed sources.
XRP Community Expects Ripple Labs To Announce IPO At Dubai Event
Ripple Swell is the flagship two-day event of the blockchain firm that centers on “discussions on topics that are most important to the finance industry today.” …
To triple renewable energy, the Global South needs finance
A renewable energy target will be debated at Cop28 but more finance is needed for the Global South outside China to meet that target …
UnaFinancial seeks $15m for its digital finance app in UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Wintershall Dea Q3 net profit plunges 86%, UAE project weighs
Most of the impairments came from higher costs at the UAE Ghasha, in which the company has a 10% stake, Chief Financial Officer Paul Smith told reporters. “Capital costs have gone up and that’s now …
4 Digital Banking apps for tech-savvy Gen Z in the UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
National Bank of Fujairah participates in new Aani payments platform
Dubai – The National Bank of Fujairah (NBF) has confirmed its participation in Aani, a cutting-edge instant payments platform launched this week by Al Etihad Payments, a subsidiary of the Central Bank …
Economic, Financial and Political Tensions on Agenda for AM Best’s Annual MENA (Re)Insurance Market Briefing
AM Best will host its annual MENA Insurance Market Briefing on 17 November 2023, at 9:00 a.m. (GST), at the Fairmont Dubai to discuss the potential im …
UAE economy expands by 3.7% in first half on ‘staggering’ non-oil growth
The UAE economy expanded by 3.7 per cent annually in the first half of the year, driven by strong non-oil sector growth as the country continues to pursue its diversification goals, Minister of …
UAE and Türkiye embark on a new strategy to bolster trade and investment
In the next 50 years, the two countries will work towards fostering bilateral and constructive cooperation in diverse fields …
UAE and Türkiye elevating relations to the level of a strategic partnership
Tugay Tuncer, Ambassador of the Republic of Türkiye to the UAE, says people-to-people ties will continue to guide our future relationship …
UAE and Türkiye set to boost comprehensive bilateral ties
Saeed Thani Hareb Al Dhaheri, UAE Ambassador to the Republic of Türkiye, says the economy stands as a cornerstone of expanding collaboration between the two …