The Central Bank of the UAE (CBUAE) has launched a new Dh100 banknote. The currency is made of polymer and features innovative designs and advanced security features.
UAE banks get ratings upgrades from global agencies
Two prominent UAE banks, Abu Dhabi Commercial Bank (ADCB) and RAKBANK, have received positive ratings updates from leading credit agencies, reflecting their strong financial positions and strategic …
How Gen AI Is Reshaping The UAE’s Financial Landscape
The UAE has long recognized the transformative potential of artificial intelligence (AI). Indeed, its National Artificial Intelligence Strategy 2031 outlines ambitious goals to leverage AI for …
Recounting the years: Saadat Hussein’s journey in the UAE since 1979
Saadat Hussein moved to Dubai in 1979, and since then, the city has been his home. He began his career as a marketing executive at Al-Futtaim Motors – Toyota before transitioning to banking, joining …
Mideast Stocks: Banks and industrial stocks drag Dubai lower, Abu Dhabi flat
Dubai’s main index declined 0.6%, hitting a near-three-month low, dragged lower by a 4% drop in Dubai Islamic Bank …
Best Salary Accounts in UAE & Dubai 2025
Navigating the financial landscape of the United Arab Emirates (UAE), particularly in Dubai, requires a keen understanding of the various salary account offerings by banks. A salary account is pivotal …
Emirati businessman gives Dhs35 million to Dubai’s Fathers’ Endowment campaign
An Emirati businessman has contributed Dhs35 million to the Fathers’ Endowment campaign, launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, …
Over 50% of UAE residents report being targeted by one financial fraud a month
Alarmingly, 56 per cent of UAE residents report experiencing at least one fraud attempt per month, with credit cards and bank transfers being the most targeted payment methods. With a surge in …
White & Case, Baker McKenzie Among Regional Titans Leading Key Saudi and UAE IPOs
Elsewhere in the kingdom, STAT Law Firm and White & Case are advising on the IPO of poultry producer Arabian Company for Agricultural and Industrial Investment (Entaj) over its sale of a 30% stake on …
UAE bank body warns of growing fraud risk as digital payments soar
With the UAE’s digital payments market on track to soar to $80.37 billion by 2025, residents are increasingly vulnerable to financial fraud, particularly during festive seasons, according to banking …
Dubai Holding is a buyer of UK’s Nord Anglia schools
Dubai Holding, the personal investment portfolio of the ruler of the emirate, is among a group of companies that bought the UK school operator Nord Anglia Education for $14.5 billion. Other investors …
Dubai Weighs Major Regulatory Changes to Lure More Hedge Funds
Dubai is weighing significant changes to its rules governing money managers to further burnish the city’s credentials as an emerging hub for hedge funds.
Etihad IPO not the end goal but a natural progression, says airline CEO
The highly anticipated Etihad Airways initial public offering (IPO) “is not the end goal but a natural progression” for the UAE national carrier, the company CEO told Khaleej Times, noting Etihad is …
Dubai ranks among top five cities globally for fintech
Dubai has emerged as one of top five cities globally for fintech for the first time, according a new ranking. Dubai’s progress as one of the world’s leading global financial centres has been …
UAE announces major new invoicing rule for businesses
The UAE has introduced new invoicing rules for businesses as it looks to boost financial efficiency in the country.
Keeping it in the family: This UAE-based business is a lesson in self-love
Discover the inspiring journey of Yassminne Atallah and her family as they embark on a mission of self-discovery, healing, and empowerment through their venture ‘Infinite Love’ in Dubai.
UAE Central Bank keeps base rate at 4.40% following US Fed move
The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday, maintaining the federal funds rate at 4.25 to 4.5 per cent …