Equity capital markets in the Persian Gulf region are expected to remain busy this year after two large IPOs were priced last week. Flynas, the Saudi budget airline, raised Sr4.1bn ($1.1bn), while …
UAE and Azerbaijan foster financial ties
The MoU facilitates information sharing on supervisory and regulatory practices in banking and financial infrastructure systems.
UAE Ministry of Finance holds workshop to boost crisis preparedness, forecasting capabilities
UAE Ministry of Finance held a workshop on crisis management and forecasting, bringing together senior government officials and experts to explore best practices in emergency preparedness and …
UAE Central Bank suspends minimum balance fee by banks
The Central Bank of the UAE issued a circular on Tuesday instructing banks to suspend increases in minimum balance requirements and halt the application …
ANAX Capital enters UAE Financial Market with First Category license obtained from SCA, celebrated with a grand launch at Palazzo Versace
The launch follows ANAX Capital’s recent milestone achievement of securing a First Category license from the Securities and Commodities Authority (SCA) …
ANAX Capital enters UAE financial market with First Category licence
ANAX Capital Financial Markets LLC, a Dubai-based financial services firm, marked its official launch with an exclusive event at Palazzo Versace. The evening brought together VIP guests, international …
CODE81 and Commercial Bank of Dubai sign strategic MoU
Dubai, UAE: CODE81, a leading regional technology innovator, announces the signing of a strategic Memorandum of Understanding (MoU) with Commercial Bank of Dubai (CBD). This partnership aims to …
Mashreq fecomes the first bank in the UAE to offer Aani instant payments for SMEs via Mashreq Biz app
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from …
UAE: Minimum bank balance requirement of Dh5,000 suspended
The Central Bank of the UAE on Tuesday postponed its decision for a minimum balance requirement of Dh5,000 for retail customers of local banks. The regulator sent out a notice to all licensed …
UAE-based PUREHEALTH combines innovation, investment and impact
With over 100 hospitals worldwide and a bold tech-driven strategy, the UAE’s largest healthcare platform is reshaping global health delivery …
UAE ranks first globally in telecom infrastructure, digital government framework, digital content
DUBAI – The UAE has secured the top global ranking in the telecommunications infrastructure index, the institutional framework for digital government, and the digital content index, according to the …
ANAX Capital Enters UAE Financial Market With First Category License From SCA
The launch follows ANAX Capital’s recent milestone achievement of securing a First Category license from the Securities and Commodities Authority (SCA) of the UAE. This regulatory …
Dubai Launches Tokenized Real Estate Platform, Eyes $16B in Property Digitization by 2033
Dubai has launched a tokenized real estate platform targeting $16B in property digitization by 2033, enabling fractional ownership from $540.
UAE markets show resilience amid global trade optimism
The UAE’s financial markets displayed cautious optimism this week, with the Dubai Financial Market (DFM) General Index climbing 0.37 per cent and the FTSE ADX General Index edging up 0.07 per cent.
Eighth EU-UAE Structural Dialogue on Anti-Money Laundering and Countering the Financing of Terrorism concludes in Abu Dhabi
The United Arab Emirates (UAE) hosted the 8th EU-UAE Structural Dialogue on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) in Abu Dhabi. The strategic meeting reaffirmed the …
MoF receives Sharjah Public Finance Award for excellence in cash management and financial services
Abu Dhabi: The Ministry of Finance (MoF) has been honoured with the Sharjah Award for Public Finance, winning the category of “Institution Distinguished in Cash Management, Sovereign Funds, and …
Dubai’s General Directorate of Identity and Foreigners Affairs, Emirates NBD sign MoU
The General Directorate of Identity and Foreigners Affairs – Dubai has signed a Memorandum of Understanding (MoU) with Emirates NBD to strengthen collaboration between the public and private …