Indian Bank plans to open a representative office in Dubai after receiving board approval, targeting business from the large Indian diaspora in West Asia. The public-sector lender is also exploring a …
Indian Bank to set up office in Dubai to expand foreign operations
Indian Bank plans to open a representative office in Dubai to enhance its overseas operations and serve the Indian diaspora.
Indian Bank gets Dubai representative office approval, Binod Kumar says
Indian Bank has secured board approval to establish a representative office in Dubai, aiming to leverage the significant Indian diaspora in West Asia and boost foreign operations.
Grant Thornton’s Sameer Abdi on what’s driving Dubai’s growth engine
Abdi, a partner and head of advisory at Grant Thornton, shares why financial services are punching far above their weight — and what it will take to sustain the run …
Securitize Signs MoU with Dubai’s VARA to Advance Regulated Tokenization
Securitize and Dubai’s VARA sign an MoU to advance regulated tokenization and digital asset infrastructure growth.
UAE tax rule offers businesses up to $545,000
Tax Credit worth up to AED2m ($544,588). To do so, companies need to obtain approval in the year qualifying expenditure is incurred or risk losing the opportunity to claim. The credit applies to tax …
Dubai’s VARA and Securitize sign MOU to advance regulated tokenized markets
Dubai’s VARA and Securitize signed an MoU to develop tokenization regulatory frameworks, with Securitize managing over $4 billion in tokenized …
Beyond The US Federal Reserve: What Is Really Driving Dubai’s Mortgage Market
What Is Really Driving Dubai’s Mortgage Market. Dubai’s mortgage market is increasingly being shaped by cash buyers, resident demand and local lending dynamics rather than shifts in US monetary policy …
Nasdaq Dubai welcomes ICBC’s dual-currency $713mln green bonds
ICBC reinforces its position as the largest green bond issuer on Nasdaq Dubai, bringing its cumulative outstanding listings on the exchange to USD …
Carmignac opens new regional office in Dubai
Carmignac has opened a new regional office in Dubai International Financial Centre (DIFC), following authorisation from the Dubai Financial Services Authority (DFSA) to conduct regulated activities …
UAE’s non-oil sector growth in August was best since 2024 despite Iran war
UAE non-oil businesses recorded their strongest improvement in operating conditions since December 2024 in August.
XTransfer Secures In-Principle Approval for Retail Payment Services Licence from UAE Central Bank
Upon completing the pre-issuance conditions, the licence will enable XTransfer to serve mainland UAE clients and further expand its regulated B2B payment services in the country. Through this licence, …
U.S. banks may need to blacklist UAE branches of Banque Misr
Fincen says 103 Iranian front companies moved $1.8 billion through the Egyptian bank’s Emirati branches. The proposal would touch every U.S. correspondent bank.
DigiTax launches in UAE after receiving Ministry of Finance pre-approval for e-invoicing
The technology company – which serves major brands across global markets – has been pre-approved as an e-invoicing Service Provider by the UAE …
Behind US Moves To Cut Banque Misr UAE From Dollar Banking Over Alleged Iran-Linked Transactions
The US Treasury Department has proposed restricting Banque Misr UAE’s access to correspondent banking in the United States, accusing the Egyptian bank’s UAE operations of processing transactions for …
DigiTax expands into UAE with e-invoicing services
DigiTax, a global e-invoicing technology company, has expanded its operations into the UAE after receiving pre-approval from the Ministry of Finance.The company, which started in 2022, has grown quick …
Hedge Fund ADAPT Joins Brevan, Rokos in Opening Abu Dhabi Office
Swiss hedge fund ADAPT Investment Managers became the latest among a slew of peers opening an office in Abu Dhabi as the emirate continues to attract financial firms despite the ongoing conflict in …