The Dubai Department of Economy and Tourism (DET) has signed an agreement with Deutsche Bank to support international investor engagement and investment opportunities in Dubai, further strengthening …
PRYPCO Mortgage records strongest month on record as Dubai’s mortgage market enters a new phase of growth
June 2026 marks PRYPCO Mortgage’s strongest month on record, with mortgage disbursals up 30% compared to the same period last year as buyer confidence remains strong across Dubai’s property market …
UAE Central Bank imposes financial sanction of AED 1.8 million on branch of foreign bank
UAE Central Bank fines foreign bank branch AED 1.82 million for failing to issue a liability letter within the required seven-day period, citing Market Conduct and Consumer Protection violations …
UAE Central Bank fines foreign bank Dh1.8m for regulatory breach
Entity was found to have violated regulator’s market conduct and consumer protection regulations …
Dubai and Deutsche Bank join forces to unlock new global investment gateway
Under the agreement, Deutsche Bank will tap into its global wealth management, private banking, corporate banking, and investment banking networks to identify clients exploring international expansion …
Dubai expands global investor access through landmark partnership between Dubai Department of Economy and Tourism and Deutsche Bank
Agreement leverages Deutsche Bank’s global client network to identify investment and business expansion opportunities in Dubai …
Dubai’s upgraded Nol system 72% complete as RTA targets digital payment future
Dubai’s upgraded Nol system is 72% complete as RTA shifts to account-based ticketing with QR fares, bank card payments and digital wallet integration by 2027 …
Dubai’s Nol to work like bank card as RTA completes 72% of payment upgrade
The system will be digitally linked to customer accounts, aligning with global standards and moving Dubai closer to a fully cashless transport network …
UAE dirham-backed stablecoin DDSC now more accessible for retail transactions
Developed by IHC, FAB and Sirius, the stablecoin has received approval to get on some Vara platforms …
AED 14 billion Dubai real estate transactions in a week
Dubai real estate transactions hit AED 14 billion in one week as off-plan sales reach AED 5.2 billion, with top areas City of Arabia, Airport City, JVC, Palm Jumeirah and Business Bay …
UAE blocks sophisticated AI-powered cyberattacks on banks and financial sector
UAE Cyber Security Council says sophisticated cyberattacks targeting the financial sector were contained, with AI-powered threats successfully thwarted …
UAE bank sees strong retail credit demand as UAE economy supports borrowing
Bank says strong economic fundamentals, sustained population growth and rising consumer confidence continue to support demand for retail financing as it unveils a new corporate identity …
UAE tax trap coming up soon that could cost businesses dearly
Businesses in the UAE have been issued a warning over a compliance gap emerging with the country’s new e-invoicing legislation. The voluntary phase of e-invoicing began on Wednesday and confidence is …
Deep Finance Capital Launches as the DIFC’s First AI-Native Asset Management Company
Deep Finance Capital, an asset management and financial services firm regulated by the Dubai Financial Services Authority (DFSA), today announced its launch as the first AI-native asset manager in the …
UAE’s sovereign T-Sukuk initiative receives $121m in subscription orders
H.E. Mohamed bin Hadi Al Hussaini rung the opening bell at Nasdaq Dubai, to mark the public listing of the UAE’s sovereign Retail T-Sukuk programme.
Ministry of Finance announces the official listing of the UAE’s inaugural Sovereign Retail T-Sukuk Programme
Subscription Demand Exceeds Expectations with AED 445 Million in Orders, Achieving a 9x Oversubscription H.E. Mohamed bin Hadi Al Hussaini Rings the Opening Bell at Nasdaq Dubai Dubai, United Arab …
UAE Retail T-Sukuk debut draws AED 445 million in demand, 9 times oversubscribed
UAE’s first Sovereign Retail T-Sukuk lists on Nasdaq Dubai, drawing AED 445 million in demand and 9x oversubscription as the Ministry of Finance doubles inaugural issuance to AED 100 million, boosting …