The main index of Dubai Financial Market (DFM) lost 25.21 points (0.58%) on Tuesday and ended the trading session at 4,477.27 points. A total of 139.72 million shares were exchanged at AED 296.46 …
Ripple Gains In-Principle Approval To Expand Payments Network to UAE
Ripple has won in-principle approval to expand its cross-border payments solution in the UAE. UAE is an integral part of Ripple’s Middle East expansion. Ripple …
Ripple secures in-principle approval from DFSA to expand cross-border payment services in UAE
Ripple secured an in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
Ripple secures in-principle approval from DFSA to expand cross-border payment services in UAE
Ripple secured an in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
Relief for UAE businesses as FTA extends corporate tax deadline
Many business owners had overlooked the misalignment between the date on their tax registration certificate and the actual filing date, according to tax experts …
Talabat to be valued at more than parent Delivery Hero in IPO: IFR
Delivery Hero could see its Middle East subsidiary Talabat valued at US$12.9bn–$15.1bn as it heads towards a Dubai IPO later this year, unlocking considerable value for the German parent that has a …
My Dubai Salary: ‘I started as a cleaner with Dh800 and now earn up toDh24,000 a month’
Vincent Kazibwe, a Ugandan national, started his career at the age of 19 as a cleaner with a labour company in Dubai. “I left school in 11th grade and moved to Dubai from Uganda in 2016, when I was 19 …
UAE leads $4.57tn Arab banking sector
The report indicated that the UAE banking sector’s asset growth rate reached 11 percent as a result of the growth of total credit and investments, while the Saudi banking sector’s asset growth reached …
ADNH Catering IPO: How to subscribe for public offering; all you need to know
All the previous IPOs attracted strong interest from both institutional and retail investors and were oversubscribed multiple timesWhen will the subscription open?
Quant Hedge Funds Face More Margin Calls as Chinese Stocks Surge
China’s biggest stock market rally in more than a decade has added pressure on the nation’s quantitative hedge funds.Most Read from BloombergA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-H …
Countdown to COP29: Accelerating action together to fulfill the UAE consensus promise
This lays the groundwork for the COP29 in Baku, which will present a vital opportunity to enhance collective ambitions, elevate more voices, and enable a new era of climate action, building global res …
EDB and ADIB partner to boost SME financing in the UAE
This collaboration aims to enhance financial inclusion for SMEs, providing them with much-needed access to financing …
UAE: MoF launches World Bank advisory services page on its website
The Ministry of Finance and the World Bank Group have also signed a second renewal of the Advisory Services Payable Agreement …
UAE steps up efforts to stamp out money laundering
The UAE is combatting money laundering in the country and has taken major steps towards financial transparency …
UAE leads Arab world in banking sector assets with 24.3% share: AMF
The Arab Monetary Fund (AMF) reported a significant growth in the assets of the banking sector in the Arab countries, rising to US$4.574 trillion at the end of 2023, …
ADNH Catering to offer 40% of stake through IPO next week
Subsidiary of Abu Dhabi National Hotel Company, ADNH Catering has 28% share of addressable market in UAE and Saudi and serves 11 million meals monthly …
Abu Dhabi Hotel Group’s Catering Unit Joins Middle East IPO Rush
Abu Dhabi National Hotels plans to list its catering arm, adding to the growing number of initial public offerings in the Middle East.