Dubai Financial Market PJSC (DFM) today announced its consolidated financial results for the first quarter ended 31 March 2026, recording a strong start to the year, supported by strong trading …
UAE to exit OPEC: What is the potential impact on oil markets?
The United Arab Emirates (UAE) has officially announced its withdrawal from OPEC, effective 1 May 2026. This historic shift follows longstanding friction over production targets and heightened …
Visa brings faster UAE card settlement through Emirates NBD
Emirates NBD will take on that role for domestic Visa flows in the UAE. Setup gives banks and payment companies more room to automate local settlement obligations. It also keeps domestic card traffic …
Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAE’s central bank rolls out new initiative
Tourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, a collaboration between the UAE Central Bank, ICP, and ADCB, …
UAE Break With OPEC Puts African Crude Exports At Risk
Low-cost UAE exports could undercut higher cost African producers.
Dubai Financial Market Q1/26 net profit up 43%; ADTV exceeds AED1 billion
DUBAI, 30th April, 2026 (WAM) — Dubai Financial Market (DFM) today announced its consolidated financial results for the first quarter of 2026, recording a strong start to the year, supported by …
UAE tourists can now open bank accounts instantly with new digital identity system
UAE launches Tourist Identity system allowing visitors to open instant digital bank accounts via ADCB app, boosting payments and financial access …
ADCB launches off-plan mortgage scheme to ease home financing for buyers
The initiative comes at a time when off-plan transactions account for a dominant share of residential activity in Dubai and other emirates …
UAE’s OPEC exit deals major blow to oil cartel
Abu Dhabi argued the move would allow it to act more independently in its “long-term strategic and economic vision.” …
UAE launches digital bank account opening for tourists through Tourist Identity initiative
UAE launches Tourist Identity digital service enabling tourists to open bank accounts instantly on arrival via CBUAE, ICP and ADCB with biometric verification, digital debit cards and access to Jaywan …
CBUAE, ICP, ADCB launch digital bank account opening services through ‘Tourist Identity’ initiative
ABU DHABI, 30th April, 2026 (WAM) — The Central Bank of the United Arab Emirates (CBUAE), in collaboration with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) and …
UAE visitors can open digital bank accounts in minutes with new ‘Tourist Identity’ initiative
The initiative links ICP’s biometric-based digital identity system with a mobile banking application, enabling visitors to onboard without paperwork and access services …
UAE exits OPEC to chase the future economy
AI ambitions, shifting alliances, and a massive fiscal buffer place Abu Dhabi beyond the hydrocarbons cartel it helped build.
UAE visitors can now open digital bank accounts in minutes with new ‘Tourist Identity’ initiative
The initiative links ICP’s biometric-based digital identity system with a mobile banking application, enabling visitors to onboard without paperwork and access services …
Early Mortgage Dubai: How Off-Plan Property Financing Is Changing the Market
Dubai’s real estate market is entering a more structured phase as financing moves directly into the buying journey. A newly released announcement from Emirates NBD and Dubai Holding confirms the …
Banks in UAE suspend banking services via WhatsApp
Banks in the UAE have announced they will no longer provide banking services through WhatsApp, following directives issued by the Central Bank of the UAE.
Citadel secures Dubai approval, prepares launch in UAE hedge fund hub
Citadel’s arrival is likely to intensify competition for trading talent in the Gulf as global firms continue building teams in the region.