The substantial growth was driven by a robust economy, foreign investments, and initial public offerings (IPOs), the UAE state-run Wam news agency reported. The ADX saw its market …
UAE stock markets post over $69bln market cap growth driven by strong economy
The total volume of shares traded during the year exceeded 142 bln shares …
Stankevicius Arabia Opens Offices in Dubai Targeting UAE Companies to Offer Global Exposure Services
Stankevicius Arabia announced the successful December 9th opening of its offices in Dubai to focus on serving local companies in Dubai and Abu Dhabi and to provide them with international visibility …
Why the Gulf will remain a powerhouse for IPOs
A multitude of catalysts, including robust growth, economic diversification plans and strong investor demand for initial public offerings in the Gulf region is set to continue driving new listings in …
FastBull Finance Summit Dubai 2025: Global Vision Leading Financial Frontiers
FastBull Finance Summit is thrilled to announce its debut in Dubai, taking place on April 16-17, 2025, at the iconic Coca-Cola Arena, the summit will bring together industry leaders, investors, and …
UAE: Salary advance, remit and pay later options coming soon for unbanked residents
The service helps reduce reliance on high-interest credit, easing the financial burden for mid and low-income individuals …
Major Gulf markets mixed in early trade, Dubai index eyes 10-year high
Major stock markets in the Gulf were mixed in early trade on Tuesday, with the Dubai index set to finish 2024 at its highest in over a decade.
UAE Residents Can Now Send Money and Pay in Installments
UAE residents will soon have access to a new financial service that offers salary advances, money remittance options, and installment payments to address urgent financial needs. This initiative comes …
Financial goals top the list of New Year’s resolutions for UAE retail investors
Thirty two per cent of UAE retail investors plan to launch side hustle in 2025 to boost their income, and 28 per cent considering career changes in order to pursue higher earnings and achieve their …
Here are the 10 hedge funds to watch in 2025
Managers to keep an eye on this coming year include an OpenAI-connected launch, big-name Tiger Cubs, growing multistrategy firms, and aging quants.
Al Ahli Bank of Kuwait Signs Agreement with Dubai Land Department as an Escrow Account Trustee
KUWAIT CITY, Dec 29: The Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (DLD), has appointed Al Ahli Bank of Kuwait (ABK-UAE) as an escrow account trustee, making it …
Dubai dismantles two major money laundering networks for smuggling funds worth Dhs641m
Staff Reporter Dubai authorities, in collaboration with key federal authorities, have successfully broken up two major international …
Dubai authorities crack down on Dhs641m money-laundering networks
The operations involved entities, including Dubai Police’s Anti-Money Laundering Unit, the UAE Financial Intelligence Unit and, Dubai Customs …
Dubai authorities bust two major international money laundering networks
Total value of crimes worth over $223 million; An Emirati and 53 foreign nationals produced in court for money laundering, and forgery of documents …
UAE: EGA finances US acquisition with green loan facility
The green loan facility enables access to a larger liquidity pool to fund low-carbon projects while optimising the cost of borrowing …
Dubai Finance, PwC Academy sign deal to launch Tax Professional Certificate
DUBAI – Dubai Finance (DOF) and PwC Academy, the talent and skills development business of PwC Middle East, one of the global Big Four consulting firms, have entered a strategic partnership by signing …
Hamdan bin Mohammed issues Resolution pertaining to foreign banks operating in Dubai
The Resolution, which specifies administrative violations and applicable fines for foreign banks, aims to enhance compliance among banking sector institutions …