Market euphoria could carry U.S. stocks another 20% higher before giving way to a collapse on the scale of the 1929 crash that ushered in a global recession, according to tail-risk hedge fund Universa …
How Dubai is emerging as a strategic hub for Indian wealth management
Dubai is rapidly growing as a global hub for Indian HNIs (High Net Worth Individuals) and family offices. The city offers a combination of excellent financial infrastructure, business-friendly …
Brokers: The unsung backbone of the UAE mortgage and financial services market
Mortgage brokering is no longer a side hustle. It is a full-fledged industry, and one that is vital to Dubai’s economic fabric. If nurtured with the right regulation and recognition, it has the …
UAE bank investments reach $222.6bln by July end
Statistics showed that transfers executed by banks during the period from January to July 2025 amounted to AED8.157 trillion …
United Arab Bank offers career opportunities for UAE nationals at Ru’ya Careers UAE 2025
The career fair provides a platform for leading financial institutions and major companies to engage with young Emirati professionals …
Dubai real estate to stabilise after 4 years of soaring prices amid new supply
Dubai’s property market, which has been on a remarkable rally for four years, is approaching a decisive turning point with predicted market rebalancing in the offing. Global ratings agencies Moody’s …
Dubai major construction giant opens IPO today: Key dates, prices and how to subscribe
UAE’s construction giant, Alec Holdings, is set to launch its Dubai IPO between AED 1.35 and 1.40 per share, opening subscriptions from September 23 to 30, 2025. The company, known for its …
UAE: Ministry of Finance signs MoU with RUWAD to support SMEs
The Ministry of Finance has signed a Memorandum of Understanding with the Sharjah Foundation for Supporting Entrepreneurial Projects (Ruwad), an affiliate of the Sharjah Economic Development …
Hamdan bin Mohammed Highlights Dubai’s Lead in Global Investment
Ranking No.1 globally in terms of the number of Greenfield FDI projects it attracted for the eighth consecutive half-year period since H2 2021, Dubai has underlined its status as a leading hub for …
Dubai: Alec Holdings announces price range for IPO, plans to raise up to Dh1.4 billion
A total of one billion shares — equivalent to 20 per cent of Alec’s share capital — are to be offered, resulting in an offering size between Dh1.35 billion and Dh1.40 billion …
Dubai construction firm ALEC Holdings shares IPO price range
The Dubai-based construction and engineering firm ALEC Holdings has shared its price range between 1.35 UAE dirhams ($0.367) and 1.40 dirhams ($0.40) per share, ahead of its IPO. This implies a market …
Dubai listing poised to value Alec at nearly $2bn
Dubai contractor Alec Holdings has set the price range for its initial public offering (IPO), raising between AED1.35 billion and AED1.40 billion ($367.6- 381.2 million) from its potential listing on …
Invest Bank’s new personal loan offers six-month grace period
The newly launched “No pressure. Repay next year” personal loan provides a smarter, stress-free way to borrow for urgent financial needs, such as emergencies, home improvements, or education, with …
UAE enters agreement to join the global Crypto-Asset Reporting Framework (CARF)
The UAE has signed a Multilateral Competent Authority Agreement (MCAA) to join the global Crypto-Asset Reporting Framework (CARF).
UAE surges as a global investor as Saudi spigot slows: Report
Saudi now attracts more capital than it exports, while the UAE has emerged as a massive outward investor, a McKinsey report found.
UAE: Gross banks’ assets up 1% in July 2025
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.3%, from AED1,026.2 billion at the end of June 2025 to AED1,029.5 billion at the end of July 2025. The …
UAE developer Binghatti Holding mandates banks for USD Reg S long 3-year green sukuk
The sukuk offering will come under Binghatti Sukuk 2 SPV Limited’s $1.5 billion Trust Certificate Issuance Programme …