Dubai’s capital markets are playing a pivotal role in advancing the Emirate’s ambition of becoming a global top four financial hub, driven by foreign investor activity, according to a new report …
DMCC selects Ali & Sons Contracting to lead second phase of Uptown Dubai development
Dubai Multi Commodities Centre (DMCC), which is under the Dubai government’s administration, has appointed Emirati conglomerate Ali & Sons Contracting to manage the second phase of the Uptown Dubai …
EMSTEEL launches green finance framework to accelerate sustainable growth and advance net zero ambitions
The Framework enables EMSTEEL and its subsidiaries to issue a variety of green finance instruments-including green bonds, loans, commercial papers, and medium-term notes (MTNs)-across multiple …
UAE: Bank accused of unauthorised transactions after expat dies
A civil case was filed before the Dubai Commercial Court of Inheritance by the heirs of a deceased Canadian businessman against a local bank they alleged of “mishandling and withholding millions of …
OSL Wealth, Nine Blocks partner on crypto arbitrage
Hong Kong-based digital wealth management platform OSL Wealth, which is tailored for traditional investors managing the crypto assets of OSL Group, has joined in a distribution partnership with Nine …
Long-haul carrier Emirates reports record annual profit of $5.2 billion
Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, making it one of the world’s most-profitable airlines. The Dubai-based carrier served 53.7 million …
Crypto.com to offer crypto payment options at gas stations in UAE
Crypto.com exchange has teamed up with Emarat Energy, which operates over 155 gas stations across the UAE, to offer crypto payment options.
Dubai Taxi Company reports $160mn Q1 revenue amid fleet expansion
Dubai Taxi Company’s revenue growth was primarily driven by fleet expansion and strong performance in its taxi and delivery bike operations …
New UAE corporate tax barely ruffles Emirates full-year financial performance
Emirates Group has paid its first corporate tax under a new United Arab Emirates business law, but the change in legislation barely affected its full-year financial performance. The UAE finance …
EToro integrates UAE PASS streamlining user onboarding in the UAE
Abu Dhabi – eToro, the trading and investing platform, has announced the integration of UAE PASS, the UAE’s national digital identity platform, into its onboarding process, fu …
Emirates Group delivers record-breaking financial year 2024-25
This is the first financial year that the UAE corporate tax, enacted in 2023, is applied to the Emirates Group …
DFM launches centralized SLB program to enhance market liquidity and investor access
Model offers a transparent, centrally cleared framework to enhance liquidity, deepen market efficiency, and support investor access …
UAE organises BRICS meet on public-private partnerships
The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce …
UAE banks’ gross assets up by 1.6% to Dh4,636.8 billion at end of February 2025: Central Bank
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 1.8%, from Dh965.3 billion at the end of January 2025 to AED982.9 billion at the end of February 2025. The …
UAE hosts BRICS Finance Track Meeting on Public-Private Partnerships and Infrastructure
The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce on Public-Private Partnership and Infrastructure …
UAE Construction Market Report 2025 | Dubai’s AED16 Billion Roads Development Plan to Drive Growth
Discover the future of UAE’s construction industry, highlighting a 4.2% growth forecast for 2025 and a sustained 4% annual increase from 2026-2029. Key drivers include Dubai’s AED16 billion Roads …
How to Open a Bank Account in the UAE as an Expat
Opening a bank account in the UAE as an expatriate is a straightforward process, provided you have the necessary documentation and meet specific requirements. Whether you’re a resident or a …