The missing money is at the heart of a dispute between lenders owed $1.2 billion and the startup founded by entrepreneur Byju Raveendran …
Al Ansari Financial Services wins top honors for Best Financial IPO in EMEA 2023
Dubai, UAE – Al Ansari Financial Services PJSC (the “Group”) [DFM: ALANSARI], one of the leading integrated financial services groups in the UAE, has been recognised as the Best Financial Institution …
UAE’s real GDP to rise to 4.1pc in 2025, says World Bank report
The UAE’s real GDP is projected to grow by 3.9% in 2024 and expand to 4.1% in 2025, according to the World Bank’s latest Global Economic Prospects report. In April 2024, the World Bank raised its …
UAE discusses draft budget for 2025
First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, the General Budget Committee held its 11th meeting to discuss the draft general budget of the UAE for the fiscal year 2025.
World Bank predicts UAE’s real GDP will rise to 4.1% in 2025
The UAE’s real GDP is projected to grow by 3.9 percent in 2024 and expand to 4.1 percent in 2025, according to the World Bank’s latest Global Economic Prospects report.In April 2024, the World Bank …
Marshall Wace plans to open Abu Dhabi office
Hedge fund managers have been expanding their presence in the Middle East in an attempt to win local business and forge ties with sovereign wealth funds in the region. The lure of low taxes has also …
UAE Cabinet approves 2024 federal budget
The General Budget Committee held its eleventh meeting to discuss the draft general budget of the UAE for the fiscal year 2025, within the budget plan for the years 2022-2026. In the meeting, held at …
UAE: General Budget Committee discusses draft general budget for fiscal year 2025
During its meeting, the committee discussed a number of topics, most notably the draft general budget for the fiscal year 2025 …
UAE: General Budget Committee discusses draft general budget for fiscal year 2025
During its meeting, the committee discussed a number of topics, most notably the draft general budget for the fiscal year 2025 …
Abu Dhabi Department of Finance hosts the 2025 Budget Cycle event
The Department of Finance – Abu Dhabi organized the 2025 Budget Cycle event, expanding on its crucial position in cre …
Mbank, Policybazaar.ae join forces to offer seamless insurance solutions in UAE
The agreement envisages Mbank customers to seamlessly explore, compare, and purchase car, health, travel, and life insurance products directly from the Mbank mobile application …
UAE’s Mbank offers digital access to insurance solutions
Mbank, a digital bank in the United Arab Emirates (UAE), has teamed up with insurance aggregator Policybazaar.ae to provide insurance solutions with digital convenience.
Dubai Asset Management and Emirates NBD announce strategic partnership to enable flexible payments
The new partnership will provide Emirates NBD customers living in Dubai Asset Management’s residential communities across Dubai access to exclusive and flexible payment instalment plans …
UAE survey reveals consumers’ commitment to financial literacy
More than two-thirds of UAE residents re observed to be financially conscious of their spending, keep a close personal watch on their finances and set long..
UAE survey reveals consumers’ commitment to financial literacy
More than two-thirds of UAE residents re observed to be financially conscious of their spending, keep a close personal watch on their finances and set long..
Dubai real estate: Discovery Dunes to offer new premium luxury living experience to residents amid property boom
The UAE’s financial wealth, generated by family offices and UHNWIs, is expected to contribute an additional $500 billion to the overall economy by 2026, according to a survey by KPMG and Agreus. This …
UAE’s SFWG launches ‘Principles for Sustainability-Related Disclosures for Reporting Entities’
The UAE Sustainable Finance Working Group (SFWG) launched the ‘Principles for Sustainability-Related Disclosures for Reporting Entities’ as part of the joint efforts of the UAE supervisory authorities …