Air Arabia’s AED2.5 billion initial public offering (IPO) closes on Tuesday, March 27, 2007. The IPO, which opened on March 18, 2007, is the largest offering in UAE history to date and is open to both …
Asprofin Bank Explores Up to USD 12 Billion Sovereign Data Center Programme Across Three Strategic UAE Sites
DUBAI, UAE / ACCESS Newswire / May 30, 2026 / As global demand for artificial intelligence infrastructure accelerates at unprecedented speed,Asprofin Bank Corporationhas announced it is evaluating a …
UAE GDP reached $517 billion in 2025
UAE’s GDP reached AED1.9 trillion in 2025 after 6.2 per cent growth, while non-oil GDP rose 6.8 per cent to AED1.5 trillion, according to Federal Competitiveness and Statistics Centre data released on …
What are the new charges for drivers as Dubai introduces 5 per cent VAT on toll and parking fees from Monday?
Motorists to pay more from Monday for services …
New in UAE and need a loan? Your guide to borrowing without credit history
Explaining no-credit-check loans, building credit, and alternative solutions for expats Add as a preferred source on Google Personal finance experts reveal the possibility of securing loans in the UAE …
Michael James Burke: The Dubai Maverick Who Rewrote Financial Rules
Discover Michael James Burke, co-founder & CEO of Burke Financial Time, a pioneer in Dubai’s financial advisory sector. Learn how his expertise in corporate restructuring, litigation, and private …
UAE ranked world’s most optimistic economy for foreign investors as Saudi enters global top 10
The UAE has been ranked as the world’s most optimistic economy for foreign investors in 2026, while Saudi Arabia entered the global top 10 for foreign direct investment confidence for the first time …
Not satisfied? UAE ministry’s new AI system tracks caller emotions instantly
Ministry of Finance’s smart contact centre tracks caller sentiment, flags dissatisfaction, and helps managers improve service quality across government touchpoints …
UAE banks ensure smooth transfers during Eid Al Adha holiday
UAE banks keep transfers running during Eid Al Adha as Central Bank ensures payment systems stay operational and urges customers to use digital banking, ATMs and smart services for smooth transactions …
Dubai cash flowed into British shadow bank days before collapse
The largest bank in the UAE invested in a British shadow bank just days before it collapsed. The Swiss branch of First Abu Dhabi Bank (FAB) made a series of investments in Market Financial Solutions …
UAE to waive AED834 million in bank loan interest fees for retired Emiratis
In a landmark initiative to uplift low-income Emirati retirees, the UAE government has announced the waiver of AED834 million ($227 million) in interest payments on loans owed by 2,339 retired …
Dubai Holding Sets IPO Price for Dubai Residential REIT at AED 1.10, Raising AED 2.1 Billion to Become GCC’s Largest Listed REIT
Dubai Holding, through its wholly owned subsidiary DHAM REIT Management LLC (the “Fund Manager”), today announces the successful completion of the book …
Drydocks World close to debt deals, weighs IPO
Khamis Juma Buamin, chairman of Drydocks World, said he expects to reach a restructuring deal with creditor banks by the end of April. “The headline terms have been agreed upon,” he said. Of the $2.2 …
Dubai is a ‘haven for money laundering’
The UAE’s unwillingness to tackle corruption and money laundering is a global challenge that must be addressed, says a US think tank.
How the UAE’s record budget will be spent in 2025
The UAE has approved its federal budget for 2025 and focused most of next year’s spending on social benefits and government affairs. The Gulf state’s budget maintains a balance between income and …
Emirates NBD Securities opens GCC markets to UAE investors
Broker expands trading access to Oman, Qatar, Kuwait, and Bahrain Dubai: Emirates NBD Securities has expanded its trading reach, giving UAE investors direct access to all key stock markets across the …
Dubai Islamic Bank launches new corporate identity
08 November 2005 Dubai – Dubai Islamic Bank (DIB) has announced the launch of a new Corporate Identity that reflects the bank’s progressive vision to provide a better way of banking.The launch of the …