The City Police has arrested three persons including two women, who supplied bank accounts to Dubai based gang of e-fraudsters who duped people on pretext of online trading.
Arab Bank named Bank of the Year 2023 in the Middle East by The Banker Magazine
Dubai, UAE: The Banker Magazine, owned by the Financial Times and based in London, named Arab Bank as Bank of the Year in the Middle East for 2023. The announcement came during The Banker’s “Bank of …
UAE announces Cabinet reshuffle, appoints new ministers
The United Arab Emirates has announced a significant Cabinet reshuffle.Vice President, Prime Minister, and Ruler of Dubai Sheikh Mohammad Bin Rashid Al-Maktoum revealed the changes on his social media …
Bucking the trend: 2024 GCC banking outlook
GCC banks’ financial performance remains resilient while they benefit from opportunities arising on the back of the long-term National Vision.
UAE market cap soars as top 16 companies hit $719bn
As of January 2024, the aggregate market capitalisation of the top 16 national companies listed on local exchanges stood at AED2.7 trillion ($719 billion), reported Wam. Driven by planned market …
Dubai DFSA regulator to allow local crypto investment funds and more
DFSA ( Dubai Financial Services Authority) the regulatory arm of Dubai’s International Financial center will be updating its crypto assets regulatory …
UAE market cap soars as top 16 national companies hit AED 2.7 trillion
According to official figures, 16 listed companies accounted for about 74 per cent, or AED 2.709 trillion, of the total market capitalisation of the local stock markets …
IBS Intelligence Case Study: First Abu Dhabi Bank and VeriTouch CRM
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 stocks up; healthcare index top performer at ADX
The the Saudi stock market rebounded on Thursday after the previous session’s decline thanks to a strong performance among banks …
UAE condemns in strongest terms statements by two Israeli Ministers
UAE called on the international community to intensify efforts to reach an immediate ceasefire to avoid further loss of life …
Dubai stocks end in green; healthcare index top performer at ADX
ABU DHABI: Dubai stocks climbed on Wednesday, with the main index gaining 0.240%, or 10 points, to settle at 4,087.350, while ADX General Index closed slightly down at 9,650.100 pts, or 0.673% lower …
Dubai Launches Dh208-Billion Social Welfare Agenda
Dubai has launched on Thursday an ambitious Dh208 billion social welfare budget over the next 10 years, with family and people at the core of the agenda and goal of turning the emirate into one of the …
UAE condemns extremist statements by two Israeli ministers calling for Gazans’ displacement
In a statement, the Ministry of Foreign Affairs (MoFA) expressed the UAE’s categorical rejection of such offensive statements and of all practices and procedures carried out in contravention of …
Estate Planning In The United Arab Emirates: Ensuring A Smooth Transfer Of Your Business
Without a well-structured plan, business owners in the UAE risk having their hard-earned assets tangled in legal complexities.
Ajman Bank launches real estate subsidiary – Skyrise Properties
Ajman Bank, one of the leading Islamic financial institutions in the UAE, has announced the launch of Skyrise Properties, a dynamic new fully owned subsidiary focused on real estate asset management.
Dubai kids tempted by ‘glamour’ of social media influencers, parents encourage it as ‘legitimate career’ choice
Why study medicine when you could profit from likes? Dubai parents are unexpectedly embracing their children’s calls to the alluring world of influencedom …
UAE: Gold prices steady after plunging on Wednesday
The UAE gold prices were steady on Thursday morning after plunging by Dh2.75 per gram to a two-week low on Wednesday evening.