Dubai’s financial landscape faces a significantly altered reality as authorities work to restore trust in the regional economy © Fadel Senna/AFP via Nearly four weeks after the launch of Iranian …
UAE Central Bank launches resilience package
The CBUAE board has approved a five-pillar support framework and confirmed that foreign exchange reserves have reached a record high …
StanChart-Backed Vault22 Eyes UAE Move, Islamic Finance Platform
Vault22, a fintech company backed by Standard Chartered Plc’s innovation unit, plans to enter the Islamic finance market with Shariah-compliant personal-finance and wealth-management offering in the …
Bankers leave Dubai in growing numbers as anxiety mounts
Bankers have begun leaving Dubai and the United Arab Emirates in growing numbers as anxiety about the Middle East conflict grows and fears rise about prolonged fighting. An initia …
No more OTPs: UAE bank says ready to roll out app verification
UAE banks said the majority of customers have shifted from traditional one-time passwords and that they have rolled out in-app security codes for online transactions ahead of the complete phase-out of …
Dubai’s thriving global financial hub faces wartime stress test
In the space of just three decades, Dubai has built itself into one of the world’s major financial hubs – a magnet for global banks, investors and wealthy expatriates. But the war in the Middle …
UAE Central Bank Supports Lenders as Iran War Continues
The United Arab Emirates’ central bank rolled out a resilience package to support the banking sector and boost liquidity and lending capacity as the fallout from the Iran war ripples through regional …
Dubai Airports IPO would be ‘successful’ if shares were listed, CEO says
If Dubai were to sell a stake in its airport, the world’s busiest international hub for 10 years in a row, it would be a success and would likely attract international institutional investors, Dubai …
A closer look at the Dubai real estate finance trends
Find out why Dubai’s real estate is moving from cash-flush buyers to mortgage-backed, middle-class-driven growth …
UAE $1.47tn banking strength, R&D tax incentives, $20bn QatarEnergy shock – 10 business stories you missed this week
UAE economic policy, banking resilience, real estate deals and new tax incentives headline this week’s 10 business stories you missed …
UAE solar capacity to reach 32.3GW by 2035, forecasts GlobalData
Utility scale projects and Energy Strategy 2050 targets drive rapid solar PV expansion across the UAE power sector through 2035.
Dubai banking on rehabilitated image
Dubai is set to capitalise on its relative stability in the region through a wave of new bond issues and loans to help fund the emirate’s deficit. The government is currently working on a sovereign …
Dubizzle targets Dubai IPO to fund growth, expand market presence
Dubizzle Group, the leading digital classifieds marketplace in the MENA region, has announced its intention to proceed with an initial public offering (IPO) and list its ordinary shares on the Dubai …
Dubai faces expat exodus as war shatters safe-haven reputation
By bne IntelliNews Dubai is experiencing its largest outflow of foreign residents in decades as the Iran war enters its third week, threatening the emirate’s carefully built reputation as a global hub …
Here’s How the Middle East War Could Impact Your Mortgage Rate
The average 30-year fixed mortgage rate fell below 6% in recent weeks, the first time it dipped below that threshold in more than three years, giving prospective homebuyers hope t …
UAE denies claims of capital movement restrictions, reaffirms investor fund freedom
UAE denies reports of capital controls, reaffirming commitment to free movement of funds and investor-friendly environment …
Ripple (XRP) or Taurox (TAUX): Why This AI Hedge Fund Might Be the Best Investment Opportunity of Q1
Ripple (XRP) is sitting inside a compression pattern that dates back six years, and analysts are calling for a $3 to $8 breakout once the apex resolves. The chart looks compelling on a log scale, with …