The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED982.4 billion at the end of February 2025 to AED986.2 billion at the end of March 2025. The …
Nisus Finance considers Dh669 million more investment in Dubai’s real estate
Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in …
UAE capital markets poised for growth as global investors pivot to Gulf
The UAE, particularly Dubai and Abu Dhabi, is emerging as a global magnet for capital, bolstered by rising foreign investor appetite, strong fundamentals, and a robust pipeline of initial public …
Axia Media Group opens office in Dubai
DUBAI, UAE – Axia Media Group, a leading global provider of financial and business services, is excited to announce the opening of its new office in Dubai. This strategic expansion is aimed at …
Winners revealed: Mena Banking Excellence Corporate & Investment Awards 2025
The Mena Banking Excellence – Corporate & Investment Awards 2025 brought together senior executives from across the region to celebrate the most impactful advancements in institutional banking at …
The great wealth migration: How Dubai became the world’s top millionaire magnet
Dubai’s appeal to millionaires reaches beyond tax considerations to include factors such as the weather, lifestyle, and business opportunities in emerging markets …
UAE’s central bank maintains base rate at 4.40%
The Central Bank of the UAE (CBUAE) thas announced its decision to maintain the base rate applicable to its overnight deposit facility (ODF) at 4.40 per cent. This move follows the US Federal …
UAE borrowing costs to remain steady as Central Bank holds rates
The Central Bank’s decision followed the move by the US Federal Reserve, which maintained its target range for the federal funds rate at 4.25 to 4.5 per cent.
UAE: Startup founded by expat raises $93 million fund for cross-border digital payments
A cross-border digital payments startup, founded by an Indian expat who grew up in Abu Dhabi, has raised $93 million from investors and is now “trying to build a verticalised (focused on a specific …
Saudi Low-Cost Carrier Flynas Launches IPO, But Israel-Iran Conflict Weighs on Market
Flynas, Saudi Arabia’s budget carrier, saw its shares swing between gains and losses on its Riyadh debut Wednesday.
How digital lending beyond banks is rewriting the rules of financial inclusion in the UAE
More than 90 per cent of all businesses in the UAE are small and medium-sized enterprises (SMEs), yet they account for over half of the country’s GDP. Ironically, only about 4 per cent of all …
The DFSA joins United Arab Emirates’ authorities in launching consultation on Principles for Climate Transition Planning
The draft Principles are designed to help financial institutions develop credible, transparent, and effective climate transition plans. These plans are forward-looking strategies that align an …
Galadari Sports, Emirates NBD ink new green term loan facility for community sports complex in Dubai
The state-of-the-art facility will be built to the strict rules and parameters of Dubai Municipality’s Sa’fat Gold certification for green buildings …
Urban Company swings to profit ahead of IPO, trims issue size amid market recalibration
Backed by Prosus and Tiger Global, the home services platform has reported a ₹239.8 crore profit for FY25 on strong domestic growth, tax credits, and improved efficiency.
UAE, Saudi Arabia likely to be reclassified as developed markets
While oil price fluctuations can strain public finances in many emerging markets, GCC nations such as the UAE benefit from robust fiscal buffers and active debt management strategies.
Al Habtoor Group considers IPO for hospitality division
Emirati businessman Khalaf Al Habtoor has revealed plans to list the hospitality arm of his family conglomerate on the Dubai Financial Market. “We are not in need of recognition or to prove our …
Emirates Islamic wins top honours at the Euromoney Islamic Finance Awards 2025
Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been honoured with top distinctions at the Euromoney Islamic Finance Awards 2025, a distinguished recognition …