Those who wish to refund their eDirham card balance should log into the Ministry of Finance’s website using the UAEPASS …
Nomura opens Dubai office, targets $3tn wealth opportunity
It has since obtained a Category 4 licence from the Dubai Financial Services Authority (DFSA), the … DIFC plays a critical role in leading and shaping the future of finance by creating an …
UAE central bank and IMF explore co-operation in green financing ahead of Cop28 meeting
The Central Bank of the UAE and the International Monetary Fund met in Abu Dhabi to discuss bilateral relations including joint co-operation on green financing ahead of the Cop28 summit hosted by the …
UAE announces closure of financial markets for Islamic New Year holiday
The announcement follows Circular No. 07 of 2023 issued by the Federal Authority for Government Human Resources concerning the Hijri New Year 1445 holiday. The Dubai Gold and Commodities Exchange, …
Dubai Chamber of Commerce hosts Green Finance and Investment Opportunities webinar
Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has successfully hosted a webinar focusing on Green Finance and Investment Opportunities. Held by the …
Hijri New Year holiday announced for UAE financial markets
The UAE’s Securities and Commodities Authority has announced that Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will close for the Hijri New Year holiday on Friday, July 21.
UAE flagship renewable energy company Masdar launches first $750mln 10-year Green Bond
The debut green bond was 5.6x oversubscribed demonstrating investor confidence in Masdar’s financial strength and its 17 years of sustainability credentials Offering is part of the UAE clean energy …
Ministry Of Finance Launches Digital Public Consultation
ABU DHABI, 19th July, 2023 (WAM) — The Ministry of Finance (MoF) today announced the launch of a digital public consultation on its website a …
Dubai logs over $653mln in realty transactions Tuesday
DUBAI: Dubai’s real estate market recorded 565 sales transactions worth AED2.11 billion on Tuesday, in addition to 109 mortgage deals totalling AED101.95 million, and 13 gift deals amounting to AED86.
UAE’s ADNOC agrees $7bn to $9bn long-term LNG agreement with Indian Oil Corp
Abu Dhabi’s ADNOC on Tuesday announced a 14-year $7 billion to $9 billion deal with Indian Oil Corp to supply 1.2 million metric tonnes of liquefied natural ga …
UAE: Dubai logs over AED 2.4bn in realty transactions Tuesday
Dubai’s real estate market recorded 565 sales transactions worth AED 2.11 billion on Tuesday, in addition to 109 mortgage deals totalling AED 101.95 million, and 13 gift deals amounting to AED 86.14 …
Emergency fund a top financial goal for UAE savers, survey finds
More than eight in 10 savers in the UAE believe it is important to have an emergency fund in place to survive difficult economic times, driven by the financial lessons learnt during the Covid-19 …
Dubai logs over AED2.4bn in realty transactions Tuesday
Dubai’s real estate market recorded 565 sales transactions worth AED2.11 billion on Tuesday, in addition to 109 mortgage deals totalling AED101.95 million, and 13 gift deals amounting to AED86.14 …
Digital ad company Aleph pulls its IPO registration
Aleph Group, a digital ad company targeting emerging countries based in Dubai and Buenos Aires, said Tuesday it’s withdrawing its registration statement …
Dubai Financial Market announces tradable rights issue of Ajman Bank
The Dubai Financial Market (DFM) has announced the commencement of the rights issue for Ajman Bank, which will be available for trading on the exchange from July 17 to July 31, 2023. During the …
Retiring in the UAE: Over a third of people plan to settle down in country, 76% consider long-term investment
National Bonds survey highlights financial plans of people in the UAE Retiring in the UAE: Over a third of people plan to settle down in country, 76% consider long-term investment National Bonds, …
Ratings agencies upgrade leading Dubai property developer
DUBAI, UAE – Emaar Properties PJSC, a prominent real estate developer in Dubai, listed on the Dubai Financial Market, has received credit rating upgrades from Fitch Ratings, Moody’s, and S&P Global, …