Almasar Alshamil Education Company, a provider of specialised education in the GCC, has raised SAR 179.7 million ($47.9 million) in the retail tranche of its Tadawul IPO.
UAE Endorses $150 Billion ADNOC Plan as Reserves Jump and Gas Output Expands
Held inside the operations control room of ADNOC Gas, which supplies 60% of the UAE’s natural gas needs, the meeting underscored the strategic role of Habshan in powering the na …
UAE overhauls financial regulation with sweeping new central bank law
The UAE has taken a bold step towards modernising its financial regulatory landscape with Federal Decree-Law No. 6 of 2025, the New CBUAE Law. This replaces the 2018 Central Bank Law and consolidates …
Nadim Zidan: Inside Dubai’s Rise as a Magnet for Global Wealth
Entrepreneur Nadim Zidan breaks down why Dubai has become the epicentre of global wealth migration—from visionary policies and tech-driven growth to real estate dynamism and the emirate’s unmatched …
ALEC Holdings’ historic entry on the DFM secures the UAE’s largest-ever construction IPO
The IPO was fully subscribed, demonstrating strong demand and underlining the strength of ALEC’s market position …
Dubai Police warn against promotion of deceptive investment offers
The Dubai Police’s Anti-Fraud Centre, which is part of the General Department of Criminal Investigation, has warned the public against dealing with companies …
New shared bank account lets UAE families track spending, save together
Introduced ahead of the UAE’s upcoming Year of the Family, the service lets two account owners called Family Leads open a shared bank account and invite children, teenagers, helpers or relatives to …
UAE banks’ assets rise to Dhs5.2 trillion at end of September 2025: CBUAE
Gross banks’ assets increased by 2.2 per cent from Dhs5,087.0 billion at the end of August 2025 to Dhs5,199.9 billion at the end of September 2025, …
Wio Bank launches Wio Family, the UAE’s first shared banking experience for families
Abu Dhabi, UAE: Wio Bank has launched Wio Family, the UAE’s first fully shared banking experience – and a movement that rethinks how families save, spend, and plan together. Wio Family offers shared …
MoF concludes field visits programme under ‘Leaders of Finance’ initiative
The Ministry of Finance (MoF) concluded its Field Visits to Financial Institutions programme, held under the Leaders of Finance initiative in partnership with local finance departments, international …
Revolut steps up UAE build-out, eyes 2026 launch pending full licence – GCC CEO
GCC chief Ambareen Musa says Revolut is in “day zero build mode” in the UAE, completing governance and licensing requirements and hopeful for a 2026 launch subject to regulatory approval …
Department of Finance officials hail Dubai’s people-centric budget
Officials also praise disciplined fiscal policies, government spending efficiency, innovation in revenue collection systems and enhanced service quality …
Dubai approves record Dhs302.7bn budget cycle for 2026–2028
The budget has set expenditure at Dhs99.5bn, focused on development projects linked to the Dubai Plan 2033 and the Dubai’s D33 agenda …
With his people in mind, Sheikh Mohammed approves Dubai’s future-focused budget
Approval for general budget for fiscal years 2026-28 and for FY2026; 28% expenditure in 2026 allocated to social development sectors, 48% to infrastructure investments …
Dubai Ruler Sheikh Mohammed approves Dh302.7 billion budget for 2026–2028, largest in history
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has approved the emirate’s largest-ever Dh302.7 billion (~$83 billion) budget for 2026–2028. The three-year plan, projecting revenues of Dh329.2 …
UAE strengthens climate leadership, rallies global efforts to finance climate action at COP30: Minister
Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, led the UAE delegation to the 30th UN Climate Change Conference (COP30) in Belém, Brazil, where she underscored the …
UAE launches US$1 billion ‘AI for Development’ initiative to advance digital infrastructure across Africa
The UAE has announced the launch of the ‘AI for Development’ initiative, worth US$1 billion, to support and finance artificial intelligence projects in African countries.The initiative aims to bolster …