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 …
Tokenisation fuels Dubai’s virtual asset growth, says regulator
Dubai’s virtual assets regulator has fully licensed 50 companies and expects another 20 to become operational in the coming months, as tokenisation powers a new phase of growth in the emirate’s …
KamelPay launches AbsoluteCard to support UAE businesses in streamlining corporate payments
AbsoluteCard brings together a web portal, a mobile app and a corporate card powered by the Mastercard network …
ADCB says banking services in UAE temporarily disrupted by maintenance
Bank says essential maintenance has temporarily disrupted banking services across its network, with technical teams working around the clock to restore operations as quickly as possible while …
Abu Dhabi Commercial Bank ‘working around the clock’ to restore services
Abu Dhabi Commercial Bank is advising customers to monitor its official communications channels for information on when banking services will be restored.
VARA issues 50th VASP licence as Dubai’s regulated virtual assets market continues to grow
Its licensed market now includes firms operating across a range of business models, services and stages of the virtual asset value chain …
UAE tax warning: Businesses face hidden e-invoicing trap ahead of new deadline
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 …
ADCB says banking services temporarily disrupted by maintenance
Bank says essential maintenance has temporarily disrupted banking services across its network, with technical teams working around the clock to restore operations as quickly as possible while …
UAE central bank restrictions may dampen NRI dollar mobilisation
New UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative offices, including documentation support and cross-selling, are …
Cover in Dubai, dollars in India, foreign banks are ready to play
Overseas banks are finding a clever way to tap India’s dollar demand without exceeding exposure limits. They’re asking Indian banks to issue guarantees, known as SBLCs, from their Singapore or UAE …
Hamdan bin Mohammed approves AED18 billion in landmark projects to shape Dubai’s future
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, has approved new …
Dubai approves $4.9bn package with new 15km road to cut Sheikh Zayed Road journeys by 51%
Dubai has approved an $4.9bn package featuring a new 15km road, AI population census, Cultural Strategy 2033, Emiratisation and investor reforms …
Essential Online Tools Every UAE Expat Should Be Using in 2026
The Etisalat Quick Pay feature allows residents to recharge prepaid numbers or pay postpaid bills entirely without logging into any account.
UAE tax: Major update for Indian expats revealed
UAE taxpayers should confirm residential status first, then match the return form, then work back from the deadline …
UAE’s RAKBANK raises $600mln from 5-year bond issue
The benchmark-sized issue has a coupon of 5.375% and a reoffer price of 99.835 to yield 5.413%. The bonds were priced at a spread of 125 basis points over US Treasuries, tightening from IPTs in the …
UAE-Based Goldman Lampe Private Bank Acquires $137 Million in Bitcoin
Goldman Lampe Private Bank purchased €120 million (roughly $137 million) worth of Bitcoin, the UAE-based institution announced Monday.
Dubai vs Hong Kong: What crypto companies should really compare before choosing a hub
Two years ago, the chief executive of an Asia-based crypto derivatives platform told our team that he was moving his licensing application from Hong Kong to Dubai. “The SFC process would have burned a …