Dubai Financial Market adds 59,108 new investor accounts in first eight months of 2026, driven by strong H1 results, diverse investment options, and market gains …
US moves to cut off UAE bank branch over alleged $1.8B Iranian money pipeline
The U.S. Department of the Treasury moved on Friday to cut Banque Misr UAE out of the American banking system, alleging the institution processed nearly $1.8 billion for Iranian-linked shadow networks …
Baker McKenzie Loses Another UAE Partner to Hogan Lovells Cadwalader
Hussain’s move to Hogan Lovells Cadwalader marks the firm’s fourth Middle East hire this year, following the addition of M&A partners Simon Rahimzada and Vasi Papadopoulos, who joined from legacy …
Comera Finance goes live in the UAE
Comera Finance, part of Comera Financial Holdings and Abu Dhabi’s Royal Group, has commenced operations in the UAE, marking a new chapter in the development of the wider Comera financial services …
Dubai Islamic Bank closes debut $750m syndicated Islamic financing
Dubai Islamic Bank (DIB) has closed its first syndicated Islamic financing facility, raising $750 million through a three-year senior unsecured Commodity Murabaha term facility. The transaction …
UAE opens new growth opportunities as key sectors gain fresh momentum
The UAE entered 2026 with considerable economic momentum. Dubai’s economy had expanded by 5.4% in 2025 to Dh937 billion, with growth accelerating to 6.4% in the final quarter. Foreign investment …
US moves to sever Banque Misr UAE’s US banking access as UAE opens probe
FinCEN’s August 28 proposal would bar five UAE branches of Egypt’s state owned Banque Misr from direct or indirect U.S. correspondent access, but it is not yet final. The UAE has opened an urgent …
Joel Busienei takes two decades of Kenyan banking technology experience to Dubai Islamic Bank
Kenyan banking technology executive Joel Busienei has joined Dubai Islamic Bank as Head of IT, overseeing technology, cybersecurity and digital transformation.
Central banks in Egypt, UAE join forces as US moves to cut Banque Misr from dollar system due to Iran links
The central banks of Egypt and the United Arab Emirates are coordinating over Banque Misr after the US Treasury moved to cut the Egyptian bank’s UAE branches from the US financial system over alleged …
What Shein’s $27bn IPO means for Mubadala
Matein KhalidChinese fast-fashion giant Shein is set to list in Hong Kong on September 1 at a valuation of up to $27 billion. That is less than half the $64 billion valuation at which Abu Dhabi …
UAE, Egypt coordinate over Banque Misr bank after US Treasury notice on Iran links, dollar curbs
The United Arab Emirates and Egyptian central banks are coordinating over Banque Misr after the US Treasury proposed cutting off the Egyptian bank’s UAE branches from dollar transactions over alleged …
Dubai outranks Washington, Paris and Mumbai as more billionaires move to city
Dubai ranked eighth among the world’s leading billionaire cities in 2025, with 43 billionaires. The city’s number increased by two since the 2024 report. Dubai shares eighth place with Shenzhen and …
UAE to probe Banque Misr branch after US cites Iran links
The UAE central bank will investigate Banque Misr’s UAE branch over alleged links to Iranian sanctions violations and potential shadow banking activities. Read more at straitstimes.com. Read more at …
UAE and Egyptian central banks coordinate on Banque Misr amid US Treasury notice
FinCEN targets Banque Misr’s UAE branches over $1.8 billion in alleged Iran-linked transactions as UAE and Egyptian central banks coordinate …
UAE, Egypt central banks say Banque Misr’s branches conducting ‘business as usual’
The statement comes as a follow-up to the proposal issued by the US Treasury regarding a regulatory rule providing for the imposition of a special measure …
Dubai Finance develops 2027–2029 Strategic Plan
Dubai Finance (DOF) has announced the use of artificial intelligence (AI) and digital twin technologies in developing its 2027–2029 Strategic Plan, as part of efforts to advance strategic planning, …
UAE to inspect Egyptian bank’s branches after US sanctions
The UAE central bank said Saturday it would inspect Banque Misr’s branches after the US hit it with sanctions for allegedly dealing with Iran …