Arabian Post Staff -Dubai SoftBank Group’s digital payments subsidiary PayPay has secured backing from major Middle Eastern sovereign wealth funds as anchor investors for its planned Nasdaq listing, …
Dubai: Mohamed Alabbar calls Emaar’s IPO his ‘stupidest idea’ but says it made the company tougher
Dubai: For a developer behind the world’s tallest tower and some of Dubai’s most recognisable landmarks, Mohamed Alabbar does not mince his words when reflecting on one of Emaar’s most consequential …
Rich Asians look to move Dubai assets closer to home on Iran war fears
Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than US$100,000 each from their local bank accounts to Singapore to …
Crisis management for Singapore banks, fund managers in Dubai as conflict sparks anxiety among clients
[SINGAPORE] It has been a week of crisis management and client reassurance for private bankers in Dubai, as Iranian missile strikes tested confidence in the Gulf’s financial hub.
Dechert welcomes back Sacks to its Dubai office
Dechert announced the return of Phillip Sacks, who has rejoined as managing partner in its Dubai office. The move strengthens further its financial services and investment management practice in the …
Emirates NBD bank waives fees for cash withdrawals from other ATMs
[Editor’s Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.] Emirates NBD bank on Friday announced waiving fees for cash withdrawals from ATMs in the …
Dubai no longer a safe bet? Rich Asians look to move assets to Singapore as US-Iran conflict widens
Wealthy Asians are increasingly seeking to relocate their assets to Singapore and Hong Kong due to concerns about the UAE’s stability amidst the US-Israel conflict with Iran.
Crisis management for S’pore banks, fund managers in Dubai as conflict sparks anxiety among clients
It is still very early to assess the longer-term implications for wealth flows into other safe havens including Singapore. Read more at straitstimes.com. Read more at straitstimes.com.
UAE weighs cutting Iranian access to Dubai financial networks: report
Dubai has long served as a financial corridor for Iranian trade. US pressure and rising tensions push UAE to review sanctions enforcement. The United Arab Emirates is considering restricting Iran’s …
Wealthy Asians look to move Dubai assets closer to home on Iran war fears
Iranian missile and drone attacks on Dubai have prompted some wealthy Asians and entrepreneurs to consider shifting assets out of the Gulf, with several exploring transfers from Dubai to financial …
Iranian Missiles Shake Gulf Finance’s Image of Stability
Dubai and Abu Dhabi were long seen as havens in an uncertain world. Now, the cities are caught in a conflict with Iran that’s impossible to ignore.
UAE central bank says financial sector remains resilient amid Iran-Israel-US war
UAE Central Bank reassures markets of a strong, stable banking system despite regional tensions from the Iran-Israel-US conflict, says Governor Khaled Mohamed Balama.
From Deeds to Data: The Gulf’s On-Chain Mortgage Revolution
With Dubai in the lead and Saudi Arabia erecting the needed infrastructure, the Gulf region is quickly moving from blockchain experiments to live adoption of smart contractbased mortgages. Local banks …
Inside Wealth: The wealthy once rushed to Dubai. Now they’re scrambling to leave
Since the start of the U.S.-Iran war, Dubai’s status as a haven for the global elite has been shattered.
Drone strikes force UAE to allow banks to use foreign data centres
The Central Bank of the UAE has let banks use overseas data centres for key cloud service functions after drone attacks on local data warehouses caused widespread disruption to local banking and …
Dubai office rents jump 32.4 per cent to $61 per sq ft as commercial property deals reach $3.38bn
Dubai office rents up 32 per cent to $61 per sq ft in 2025 as demand surged and supply tightened, says Arabian Gulf Properties …
UAE banking sector resilient, well-positioned to navigate regional developments: CBUAE Governor
Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE), affirmed that the UAE’s banking and financial sector continues …