The centre will collaborate with the Private Banking division at Emirates NBD to develop and integrate a framework of key functions to help businesses preserve their family wealth, legacy and values f …
GCC IPO Market Sees Largest-Yet First Half, Despite Dip in Proceeds
Dubai GCC countries secured $3.4 bn from 24 initial public offerings in the first half of 2025, down 6% from $3.6 bn over 23 listings a year earlier, according to a report by Kuwaiti research firm …
Proceeds from GCC IPOs decline 6% in H1 2025 to $3.4bln
The most notable decline was reported by the UAE, which raised $163 million in 2025, dropping 88% from the $1.32 billion raised from IPOs in H1 2024. In 2024, the UAE’s offerings constituted 37% of …
UAE gas IPO’s $50 bln valuation looks like a floor | Reuters
The United Arab Emirates’ bumper gas listing inevitably invites comparisons with Saudi Aramco . Abu Dhabi National Oil Company (ADNOC) is selling a 4% stake in its gas processing arm to local …
Why African banks are turning from London and New York to Dubai and Riyadh
Arab-based DIFC and KAFD financial hubs are now outshining New York’s Wall Street and London’s The City. This geographical shift mirrors a broader reorientation of trade and financial flows towards …
Dubai offers ‘first-time buyer scheme’ for priced-out Britons – and they could get £100k discount
Young Britons struggling to get on the housing ladder could get first dibs on new apartments, a competitive mortgage offer – and £100,000 off the price.
Absolute Digital Media expands to the UAE with new Dubai headquarters
Performance marketing agency Absolute Digital Media has officially launched its new headquarters in Dubai, coming from the UK. Absolute Digital Media brings its award-winning SEO, PPC, paid social, …
Dubai offers ‘first-time buyer scheme’ for priced-out young Britons – and they could get an £100k discount
Young Britons struggling to get on the housing ladder could get first dibs on new apartments, a competitive mortgage offer – and £100,000 off the price.
UAE lender ADCB reports 11% jump in second-quarter profit
Abu Dhabi Commercial Bank reported net income of 2.57 billion dirhams ($699.7 million) for the second quarter on Monday, up 10.7% from the prior-year period, beating analyst expectations. Analysts had …
Dubai jumps in global wealth rankings as lifestyle appeal lures world’s elite
Dubai has risen to the seventh place globally and fourth in the EMEA region as a preferred destination for high-net-worth individuals. In Julius Baer’s Global Wealth and Lifestyle Report 2025, Dubai …
Data centre NTT DC REIT makes tepid debut after Singapore’s biggest IPO in 4 years
Singapore’s NTT DC REIT, a data centre real estate investment trust, had a lacklustre market debut on Monday after riding a wave of AI interest to raise $773 million in the city-state’s biggest IPO in …
UAE fines Dh325,000 on several financial companies for violating tax rules
The UAE has imposed financial penalties totalling Dh325,000 on several licenced financial institutions for failing to comply with international tax transparency regulations, including the Foreign …
VARA developing new pilot projects in gold, decentralised finance: CEO
The Dubai Virtual Assets Regulatory Authority (VARA) has so far issued 36 full licences to entities operating in the virtual assets sector.Matthew White, Chief Executive Officer of VARA, told Emirates …
RAKBANK unveils new Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah
Dubai, United Arab Emirates – RAKBANK has officially inaugurated its state-of-the-art Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah, further strengthening its commitment to serving …
Dubai Cares’ “Pack for Impact” Initiative unites volunteers to support children across the UAE
Over 100 volunteers from GFH Financial Group, Dubai Cares, and partner organizations came together at JW Marriott Marquis Dubai recently for the “Pack for Impact” initiative under Dubai Cares’ …
Dubai’s RTA unveils Dhs633m road projects to cut travel time by 50%
In line with the directives of the leadership to enhance the road infrastructure and public transport systems in support of urban development, …
Dubai unveils Dh633 million plan to cut congestion in busy financial hub
Dubai’s transport authority on Sunday awarded a contract for a Dh633 million ($172 million) road scheme aimed at cutting congestion on one of the emirate’s busiest traffic routes. The Al Mustaqbal …