UAE’s national carrier, Etihad Airways, has rubbished claims made by “several social media posts falsely suggesting that the airline is undertaking a public share listing on the Dubai Financial …
UAE: Ministry of Finance achieves advanced ranking in institutional resilience
The evaluation, conducted in collaboration with the British Standards Institute (BSI), was based on two international standards: ISO 22316:2017 and BS 65000:2014 …
UAE banking sector’s net international reserves up 8% in first five months to Dhs 1.236 trillion
Net international reserves of UAE banking sector rose by 8 percent or Dhs 91 billion in the first five months of the year to reach Dhs 1.236 trillion …
Abu Dhabi’s IHC forms Rorix Holdings to bolster economic growth in UAE
Through Rorix Holdings, IHC aims to accelerate trade volumes, attract foreign investment, and foster economic partnership …
UAE banking sector’s net international reserves up 8% in first five months
Net international reserves of UAE banking sector rose by 8 percent or AED 91 billion in the first five months of the year to reach AED 1.236 trillion by end of last May from AED 1.145 trillion by the …
Ministry of Finance achieves advanced ranking in institutional resilience
Younis Haji Al Khoori: “This achievement further solidifies the UAE’s position as a leading financial hub both … Abu Dhabi: Adding yet another feather to its cap, the Ministry of Finance (MoF) has …
M2 announces new secure UAE bank account integration for virtual asset transactions
Users can now seamlessly and compliantly buy and sell virtual assets directly through their UAE bank accounts Last month, verified users completing ‘Know Your Customer’ (KYC) procedures on M2 …
M2 announces new secure UAE bank account integration for virtual asset transactions
Users can now seamlessly and compliantly buy and sell virtual assets directly through their UAE bank accounts Last month, verified users completing ‘Know Your Customer’ (KYC) procedures on M2 …
Emirates NBD Business Banking launches new invitation only VIP Privilege Program
Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced an exceptional VIP Privilege Program, specially developed for the bank’s …
UAE banks’ gross assets jump 10.8% in May
according to the May figures issued by the Central Bank of the UAE (CBUAE). The apex bank data showed that gross credit grew 0.7 percent from AED2.063 trillion at the end of April 2024 to AED2.077 …
UAE: Salik denies fake claims offering residents ‘monthly income of Dh35,600’
Below is a picture of the fraudulent website: Listed on the Dubai Financial Market, Salik shares are traded in UAE dirhams and not dollars as claimed by the website. On Friday, the toll gate …
UAE Golden Visa: 10-year residency gains popularity through bank deposits
Local banks said demand for Golden Visas through bank deposits is steadily growing as millionaires flock to the UAE, especially Dubai, to settle down. Banks in the UAE require investments with a …
Schonfeld-Backed Hedge Fund Founder Moving to New Hub in Dubai
Aster Capital Management founder Nabil Ouajjane is moving to Dubai from London, joining a rush of portfolio managers decamping to the emerging hub for investment firms.
UAE investigation uncovers secret group led by terrorist fugitives
The UAE’s Public Prosecution said on Friday it had uncovered a secret organisation operating overseas, which sought to threaten national security and finance terrorism. Authorities said it was …
UAE’s SCA, Etihad Airways alert investors over fake IPO advertisements
The UAE’s Securities and Commodities Authority (SCA) and Etihad Airways have issued notices alerting the public over fake advertisements inviting people to be shareholders in the Abu Dhabi airline.
UAE Central Bank fines lender $1.6m for breaching anti-money laundering law
The UAE Central Bank has imposed a fine of Dh5.8 million ($1.6 million) on a bank operating in the Emirates for breaching the country’s laws on anti-money laundering and counter-terrorism financing …
Alaan launches region’s first uncapped cashback campaign: 4.5% cashback on business transactions in the UAE
The initiative aligns with the UAE government’s ongoing efforts towards digitising and modernising financial transactions …