In a decisive move that signals confidence amid global uncertainty, Brisk Gains Finance, founded by a 24-year-old entrepreneur Yash Thakkar, has acquired a profitable Dubai-based perfume company with …
UAE retail sukuk trading hits $2.95m with 464 buyers
UAE retail sukuk trading reached AED10.84 million from 464 investors, with new buyers accounting for 66% of activity since launch …
Iran war wipes $120bn off Dubai, Abu Dhabi stock markets
The UAE’s financial markets have been some of the hardest hit by the fallout of the US-Israel war on Iran.
Dubai opens door to crypto derivatives trading
The Dubai Virtual Assets Regulatory Authority (VARA) in the UAE has introduced a comprehensive regulatory framework for crypto or virtual assets exchange-traded derivatives. The new Rulebook Version 2 …
Dubai unveils full economic plan: $272m incentives, fee cuts, GDP reform, virtual warehouses and worker strategy
Dubai approves $272m incentives, reports 6.4 per cent growth and $255bn GDP, unveiling trade, jobs and worker reform strategies …
Headhunters circle bankers in Dubai as conflict continues
Recruitment firms report a notable increase in Dubai-based finance professionals seeking new career opportunities in western markets © Giuseppe Cacace/AFP via Headhunters have begun circling bankers …
Israeli-US war batters UAE economy, wiping $120bn from Abu Dhabi, Dubai markets
Israeli-US war on Iran hits UAE markets, aviation and property, exposing structural vulnerabilities to an economy that once project …
War wipes $120bn from UAE markets, as economy comes under pressure
Israeli-US war on Iran hits UAE markets, aviation and property, exposing structural vulnerabilities to an economy that once project …
Is Dubai’s Binghatti the next property IPO?
Dubai: Dubai developer Binghatti Holding is exploring a potential initial public offering and has begun talks with banks about a possible listing, according to people familiar with the matter, as it …
Resilient UAE banks maintain stability despite geopolitical challenges
The UAE’s financial sector continues to demonstrate remarkable resilience despite heightened military tensions in the region involving the US, Israel, and Iran. Analysts credit the UAE’s solid …
Hedge fund commits to Dubai even as Iranian attacks continue
Hedge fund Millennium has pledged to stay in Dubai in a boost to the city’s hopes of remaining a global financial hub.
Emirates NBD gets UAE central bank nod for majority stake in RBL Bank
The approval also covers the planned amalgamation of the bank’s existing India operations with RBL Bank, the statement said …
Dubai advances to 7th place in Global Financial Centres Index, marking highest-ever ranking
Dubai has achieved its highest-ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place globally, underscoring the …
Dubai lands its highest ranking among global financial hubs
Emirate climbs to the seventh spot in latest Global Financial Centres Index, jumping four places in only six months …
Dubai to introduce major changes in banking, education and travel from April
Dubai will implement key changes in April 2026, including the removal of OTPs for banking, resumption of in-person classes, return of airline services and the end of a temporary residency rule.
Hedge fund pledges to open outpost in Dubai as rivals evacuate offices
Hedge fund giant Citadel is pushing ahead with plans to open a new office in Dubai even as its rivals rush to evacuate traders from offices threatened by Iran.
Hedge fund Verition looks to extend Dubai lease despite Gulf War
Verition Fund Management is looking to extend its office lease in Dubai, in a sign that the United Arab Emirates hub remains key to the firm’s long-term plans despite a regional conflict that’s now in …