Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been honoured with two prestigious awards at the Islamic Finance News Awards 2024, acknowledging the bank’s …
Korean President hosts official reception for UAE President
His Excellency Yoon Suk Yeol, President of the Republic of Korea, today welcomed President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, who is on a two-day state visit to the Republic of Korea.
(LEAD) S. Korea, UAE forge comprehensive economic partnership pact
South Korea and the United Arab Emirates (UAE) signed a comprehensive economic partnership agreement freeing up trade between the two countries Wednesday after President Yoon Suk Yeol and UAE …
UAE’s Alef Education sets IPO price range; set to raise up to $515mln
Alef Education, which is floating 20% of its share capital in an initial public offering (IPO), has set the offer price range between 1.30 ($0.35) UAE dirhams and AED 1.35 per share, potentially …
UAE and South Korea boost bilateral trade
Today saw the conclusion of the UAE-Korea Business and Investment Forum, held in Seoul, Korea, on the sidelines of the official visit of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan …
UAE and Korea look to boost $5.3bn trade ties
The UAE and Korea are looking to boost $5.3bn trade ties, following a state visit and a string of high-profile investments.
Industry leaders hope to chart a better future at KT’s New Age Finance and Accounting Summit
Close to 200 businessman committed to advancing cutting-edge financial game plans, industry trends and contemporary data governance will convene in Dubai on Wednesday to brainstorm and share knowledge …
Top 10 UAE banks’ profitability jumps 9.3% to Dh20.8b in Q1
T he UAE banking sector profitability jumped 9.3 per cent quarter-on-quarter to Dh20.8 billion in the first quarter on the back of “plummeting impairment charges” and surging operating income.
Emirates Development Bank unveils Dh362 million financing deals
The financing deals align with EDB’s mandate to enable Operation 300 billion and the advancement of local manufacturing capabilities. Under the UAE Industrial Development Strategy, the bank has …
UAE’s Huspy Closes New Investment Round
UAE-based proptech and digital brokerage startup Huspy has concluded a new round of funding that was led by Balderton Capital, with additional participation from existing investor Fifth Wall and other …
Alef Education targets $2.5bn valuation in UAE’s first edtech IPO
The company set an indicative price range of AED1.30 to AED1.35 per share for its initial public offering, according to a statement on Tuesday. At the top end, Alef would have a market capitalisation …
MultiBank Group Receives “Best Global Forex Broker” Award at Forex Traders Summit Dubai 2024
DUBAI, United Arab Emirates — MultiBank Group … This achievement solidifies MultiBank Group’s position as a trailblazer in the global financial markets. We apologize, but this video has failed to …
UAE launches Easy Payment Initiative: What customers need to know
The ministry has partnered with the following banks: Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Commercial Bank of Dubai, Ajman Bank, Emirates Islamic Bank, Emirates NBD, Sharjah Islamic Bank, …
Dubai billionaire migration: Footballers, rappers, royalty flocking to UAE trigger new breed of luxury services as ‘fashion sourcers’ enter market
Due to its strong economy, business opportunities, and tax benefits, the UAE continues to attract HNWIs across the world. Image: Shuterstock As more of the world’s wealthy flock to Dubai, a new breed …
UAE banks see strong start to 2024: credit outlay and deposits increase
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai tragedy as mum sees husband’s fatal accident as she holds their baby
The couple moved to Dubai for a better life but Charlotte watched Ali die in front of her in a jet ski accident …
UAE President arrives in Republic of Korea on state visit
This visit follows an invitation from His Excellency Yoon Suk Yeol, President of the Republic of Korea. As His Highness the President’s aircraft entered Korean airspace, it was escorted by military …