Banks in the United Arab Emirates (UAE) have been rejecting transactions from Russian companies for electronic components and consumer electronics from China since early August, the pro-Kremlin outlet …
UAE-based fintech Yuze raises $30mln funding
This funding will drive Yuze’s mission to provide enhanced financial solutions to SMEs and independent professionals beyond the UAE …
Dubai, Abu Dhabi Ranked Best Spots for Globetrotting Executives
For the wave of executives turning into digital nomads since the pandemic, there’s no location more accommodating than the United Arab Emirates.
Why Is Dubai Property Market a Magnet for Global Investors
Dubai is drawing in investors from all over the world and has quickly become a global center for real estate investment.
Applying for a loan? Know what type of interest rates work better for now
Image Credit: Supplied Dubai: With interest rates now expected to not rise further … 30-year ‘floating’ rate home loan. Mortgage rates in the UAE are typically fixed for the first two years …
UAE: Companies urged not to look at profits to accelerate climate action
He added that the UAE is a pioneer in renewable energy … Speaking during the panel discussion on The Role of Green Finance in Accelerating Sustainable Development, Fuselli said boosting PPPs means …
UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b
Banks in the UAE reported the biggest quarter-on-quarter gross loan growth … by SNB as well as a decline in deposits in Bahrain after the delisting of Al Baraka Banking Group. Data from GCC central …
Abu Dhabi sovereign fund ADIA invests in India’s Premier Energies ahead of IPO
The Abu Dhabi Investment Authority’s (ADIA’s) Indian summer of investments continues, with the UAE sovereign fund named an anchor investor in Premier Energies ahead of the company’s initial public …
Flynas to launch new Saudi to UAE flights
Flynas is gearing up to launch direct flights between Saudi Arabia and the UAE. New destinations and routes will begin in September, extensively expanding its network in the UAE market to be the …
UAE’s appeal to hedge fund traders highlights Writer Relocations’ vital role in global mobility
Dubai, UAE — Writer Relocations, a leading global player in the relocation industry, underscores the UAE’s emergence as a preferred destination for hedge fund traders. This trend is driven by the …
Al Maryah Community Bank signs an MoU with RAKEZ
Abu Dhabi: Al Maryah Community Bank (Mbank), the leading digital bank in the UAE, has entered into a Memorandum of Understanding with Ras Al Khaimah Economic Zone (RAKEZ). This collaboration aims to …
Most Gulf markets slip on regional tensions; Dubai gains
The Abu Dhabi index (.FTFADGI), opens new tab eased 0.1%. San Francisco Federal Reserve Bank President Mary Daly on Monday said “the time is upon us” to cut borrowing costs, echoing what Fed Chair …
My Dubai Salary: ‘I started on Dh250 a month and now earn Dh66,000 a year as a partner’
graduated in computer science and software development from the University of Wollongong in Dubai during the global financial crisis in 2008. With information technology jobs drying up, she decided …
UAE Wants France to Give it Access to Detained Telegram Founder
(Bloomberg) — The United Arab Emirates asked French officials for access to the detained founder of Telegram, Pavel Durov, who’s a citizen of the Gulf state. Most Read from Bloomberg Sydney Central …
UAE: 3 expats win Dh50,000 grand prize each with Big Ticket’s latest draw
I am hoping to win the grand prize next’’. When asked about his plans, he said, ’I will keep this prize in my bank account as savings.’’ Mohammad Rashed, another winner from Dubai, is a 29-year-old …
UAE: Developers offer lower down payments, flexible plans for off-plan property
Recently, a Dubai-based private developer introduced a payment plan … per cent additional financing during the construction phase, supplementing the standard mortgage amount due upon completion.
After Pavel Durov’s arrest in France, don’t hold your breath for that Telegram IPO
Is the Durov case about free speech, or just about letting Telegram become a massive platform for advertising illegal services?