The UAE Ministry of Finance has announced a new minimum excise price for liquids used in electronic smoking devices and tools. The new rule will start on September 1, 2026.The ministry said the decisi …
UAE well positioned to connect Islamic capital with high-growth markets, says Standard Chartered
Standard Chartered says the country can connect nearly $6 trillion in global Islamic finance assets with opportunities across Asia and Africa …
UAE announces minimum tax price on e-cigarette liquids from September
Under the decision, a minimum excise price of Dh1 per millilitre will apply to liquids used in electronic smoking devices and tools …
Al-Futtaim Flex Drive: New UAE Car Finance Plan Cuts Toyota and Lexus Payments for Two Years
Al-Futtaim’s Flex Drive lowers Toyota and Lexus monthly payments for the first 24 months, then raises them for the final three years. Here’s the trade-off.
Ajman Bank supports Al Ain Class Motors’ expansion with new financing facility
Ajman Bank, being committed to supporting the growth of local businesses, has enhanced its relationship with Al Ain Class Motors with an aim to facilitate such well established businesses within the …
Bankers bake in the Dubai heat to avoid visa cancellation
Bankers are having to endure Dubai’s baking-hot summer in order to maintain their residence visas, which are automatically cancelled after long periods outside the United Arab E …
Edenred UAE receives in-principle approval from the Central Bank of the UAE for Stored Value Facility license
Dubai, UAE – Edenred UAE, part of the global Edenred Group and a long-standing provider of payroll solutions in the UAE, today announced it has received in-principle approval from the Central Bank of …
UAE GDP hits $132 billion in Q1 2026 as 3% growth confirmed
UAE real GDP grew by 3% year on year in Q1 2026, reaching $132.1 billion (AED485 billion). Non-oil GDP grew by 4.8% and generated 79.4% of national output, according to the UAE Media Office. The total …
UAE freezes Desi Bling star Satish Sanpal’s accounts amid financial probe
The UAE Financial Intelligence Unit has ordered the attachment of Satish Sanpal and his wife Tabinda’s assets and the freezing of their bank accounts. The move has triggered scrutiny of his records …
‘Uncertainty is almost worse than war’: In Dubai’s financial sector, fear of drawn-out conflict grows
The emirate remains particularly attractive to the shadow banking system. But since the US-Israeli offensive began in Iran in February, it has no longer been a safe haven for the world’s richest.
UAE economy built to withstand global shocks as UK trade ties top $30bn, leaders say
UAE leaders say the country’s diversified economy and UK trade relationship, now worth more than $30bn annually, position it for continued growth …
UAE government adds new payment options for federal fees and fines
The UAE Ministry of Finance has adopted Aani and Jaywan as new payment channels for federal fees and fines in a push to expand digital payments …
Plot of land in Dubai mortgaged for Dhs418 million
Dubai’s real estate market witnessed a mortgage on a residential plot of land in Al Nahda 1 area for Dhs418 million during midday trading on Monday, …
UAE: Ministry of Finance adopts ‘Aani’, ‘Jaywan’ as new payment channels for federal service fees, fines
The announcement paves the way for the adoption and rollout of both systems by other federal entities and collection banks …
UAE expands federal payment channels with Aani and Jaywan
Move aims to speed up government revenue collection while expanding digital payment options for customers …
India’s CKYC model offers lessons for UAE banking compliance
India’s rollout of a centralised KYC platform is reviving debate over whether the UAE should adopt a similar model to streamline compliance and speed up banking access …
Three years on: How the UAE’s wealth market is evolving
As Dubai attracts more globally mobile entrepreneurs and investors, financial planning is becoming increasingly international, long term, and relationship driven …