The United Arab Emirates (UAE) shocked the global oil market in April when it announced it would leave OPEC in May. The UAE had been an OPEC member since 1967 and was the third-la …
Abu Dhabi launches instant home finance pre-approvals with ADIB
Abu Dhabi Housing Authority and ADIB have launched instant digital home finance pre-approvals for eligible UAE nationals, with approvals available within minutes …
Dubai enlisting businesses to help keep it a tourism and finance hub after Iran war
Officials including crown prince gathered hundreds of businesspeople on March 10 in bid to limit economic pain, but returning to status quo ante will take time …
UAE fines foreign bank $5.4mn for AML failures
The UAE has fined a foreign bank $5.4mn for anti-money laundering failures, in one of the largest penalties imposed on a financial institution since the country’s removal from an international money …
Lean and Ziina launch the UAE’s first One-Tap Pay by Bank experience under Open Finance
Built on Lean’s Deposits solution, the capability enables Ziina users to securely connect their bank account once and make future wallet top-ups with a single tap …
DIB launches ‘Unlocking Sustainable Finance’ series to accelerate climate transition across priority sectors
Inaugural real estate forum convenes regulators, developers and finance leaders to advance measurable sustainability outcomes across the built environment …
Dubai climbs to seventh globally as DIFC records third year of double-digit growth
Dubai International Financial Centre added 182 regulated firms in 2025 as the emirate climbed to seventh place globally in the Global Financial Centres Index …
DIFC reaches highest-ever finance ranking as it enters global Top 10
Dubai International Financial Centre climbed to seventh place globally in the Global Financial Centres Index, which is its highest ranking to date.
Dubai’s financial hub hits record growth as DFSA reports surge in new firms
Dubai’s International Financial Centre (DIFC) recorded its third consecutive year of double-digit growth in firm registrations in 2025, as the emirate climbed to its highest-ever position in a global …
UAE banks shrug off war shock as strong liquidity, capital buffers offset sukuk slump
The UAE banking sector has emerged from the Middle East conflict with its resilience intact, supported by abundant liquidity, strong capitalisation and swift intervention by the Central Bank of the …
United Arab Emirates: TotalEnergies Enters in the Bab Gas Cap Concession
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed its entry into the Bab Gas Cap Concession in Abu Dhabi, with a 10% interest, alongside ADNOC (60%), bp (10%), CNPC (8%), JODCO/INPEX (5%), …
Should NRIs in Dubai use a UAE foundation for succession planning?
A UAE foundation can help NRI HNIs preserve and transfer family wealth efficiently through a separate legal structure, but it should be integrated with a local will and a broader estate plan.
UAE Central Bank fines foreign bank $5.4m over anti-money laundering failures
The UAE Central Bank has fined a foreign bank branch $5.4m and its compliance officer $81,700 over AML failures …
Ministry of Finance announces opening of subscription and pricing for UAE’s inaugural Sovereign Retail T-Sukuk programme
Opening of subscriptions for the Sovereign Retail T-Sukuk Programme and the announcement of its pricing details mark a pivotal milestone in strengthening the UAE’s sovereign investment ecosystem.
UAE Central Bank fines foreign bank Dh20m for breaching money laundering rules
Penalty is among highest imposed on financial entity operating in country …
UAE Central Bank fines foreign bank branch AED 20 million over compliance failures
UAE Central Bank fines a foreign bank branch AED 20 million for serious anti-money laundering compliance failures, citing repeated deficiencies and additional penalties for senior compliance officers …
International Development Bank expands financial solutions portfolio to support regional business growth
The bank is also set to strengthen its pioneering position in the capital market as the Bronze Sponsor of Bonds, Loans & Sukuk Middle East 2026 to be held in Dubai …