The podcast has already featured bank CEOs, global CMOs, fintech founders and regulators discussing the future of finance and payments …
UAE residents spend about Dh7,600 each on healthcare every year, reveals study
The study showed how 8 out of 10 residents reported receiving a ‘very caring experience’ from the country’s healthcare system …
Shein Plans Investor Meetings Ahead of London IPO
Online fashion retailer Shein is preparing to start early, informal meetings with investors to gauge interest ahead of a potential initial public offering in London, according to a person familiar …
Dubai: Financial firm fined over Dh2.6 million for misleading bank, misusing client funds
A firm was fined by the Dubai Financial Services Authority for multiple breaches of its policies and violations against client funds. The OCS International Finance Limited was found to have mismanaged …
UAE accounts for 47.3% of Arab exchange companies: AMF
The United Arab Emirates accounts for approximately 47.3 per cent of the Arab exchange companies, according to the latest statistics from the Arab Monetary Fund (AMF).
UAE’s Ajman Bank announces inclusion in FTSE Global Equity Index, expands investor access via eToro
The inclusion in the global indexes reflects the bank’s consistent efforts to enhance shareholder value and reach a broader audience of investors globally Ajman Bank announced the inclusion of its …
Dubai watchdog DFSA imposes almost $1mn combined fine on OCS International Finance and its CEO, citing regulatory breaches
The DFSA fined OCS $720,905 (AED2,645,721) and Thurner $186,003 (AED682,631) after applying a 30 percent settlement discount …
What will Interactive Brokers’ UAE bank account mean for local investors?
Nasdaq-listed electronic broker and trading platform Interactive Brokers (IBKR) is set to open a local bank account in the region for dirham-denominated cash transfers as it seeks to expand its Middle …
UAE healthcare: Over 90% of foreign residents say healthcare is better than in home country
The vast majority of foreign residents believe the UAE healthcare system is high quality, with only 6 percent preferring their home country’s, according to the report …
UAE holds largest share of Arab banking sector assets
Banks in the UAE hold the largest share of the Arab banking sector’s assets at 24.3 per cent, the Arab Monetary Fund (AMF) revealed in a …
Hedge Funds That Bet Big on China Score 25%-Plus September Gains
China’s stimulus blitz handed more than 25% returns in September to some hedge funds as the nation’s stocks surged, according to people with knowledge of the matter.Most Read from BloombergA …
Maktoum bin Mohammed: ‘UAE continues to solidify its position as a leading global financial hub’
Sheikh Maktoum praised the efforts of the Ministry’s teams, which has significantly contributed to achieving the growth targets of the national economy …
FrontView REIT Shares Fall Nearly 2% After IPO Priced Mid-Range
FrontView REIT Inc. shares declined nearly 2% after the commercial landlord raised $250.8 million in an initial public offering.Most Read from BloombergGang Violence Is Moving to the Amazon’s …
Dubai Financial Market best-performing stock exchange in the Gulf with 10.9% growth in 2024
Dubai Financial Market’s (DFM) General Index recorded double-digit gains of 10.9 per cent, making it the biggest riser in the Gulf Cooperation Council (GCC) region since the beginning of 2024.
Dubai Financial Market best-performing stock exchange in the Gulf with 10.9% growth in 2024
Dubai Financial Market’s (DFM) General Index recorded double-digit gains of 10.9 per cent, making it the biggest riser in the Gulf Cooperation Council (GCC) region since the beginning of 2024.
Dubai: Salik denies viral rumours of ‘dynamic pricing rates of up to Dh8’
Dubai’s toll operator Salik has denied a widely circulated note on social media about the company’s impending implementation of dynamic pricing for toll ga..
Total profits of UAE insurance sector amount to $681mln in 2023: CBUAE
ABU DHABI – The Central Bank of the UAE (CBUAE) has announced that the total profits of the country’s insurance sector amounted to AED2.5 billion in 2023, compared to AED1.96 billion in 2022. This …