Investor demand for SpaceX’s planned IPO has reportedly reached about $150 billion, while China and Hong Kong investors have been barred from the offering …
Maktoum bin Mohammed reviews UAE Ministry of Finance’s 2025 annual report
DUBAI, 7th June May, 2026 (WAM) — H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, reviewed the Ministry of …
Bybit Launches IPO Express, Becoming One of First Centralized Crypto Exchanges to Offer Tokenized IPO Access, Starting With SpaceX
“Bybit has always pushed the boundaries of what a financial platform can offer, and being one of the first two centralized exchanges to bring compliant tokenized SpaceX IPO access at the offering …
Maktoum bin Mohammed: UAE success measured by sustainable impact and future prosperity
UAE Finance Minister Sheikh Maktoum reviews 2025 report highlighting sustainable financial progress, fiscal efficiency, tax system development, Islamic treasury bond auctions, and youth empowerment th …
90 financial institutions process salaries for 99% of private-sector workers, with monthly wage transfers exceeding AED 37 billion
Dubai: The Ministry of Human Resources and Emiratisation (MoHRE) has confirmed that more than 90 financial institutions, including banks and exchange houses, pr …
Gulf-backed Innio jumps in latest AI-related IPO
Innio, a UAE-backed maker of power-generation engines, rose on its Nasdaq debut, highlighting growing Gulf investment in companies supplying critical infrastructure for the AI boom. The company opened …
UAE-based govtech startup 01Gov bags AED1.5 million credit guarantee from the Mohammed Bin Rashid Innovation Fund
Dubai-based govtech startup 01Gov has secured a AED1.5 million (US$408,441) credit guarantee from the Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance …
UAE remains resilient, didn’t need much financial support: Bank CFO
Norman Tambach, Group CFO of UAE’s Mashraq, evaluates how UAE’s banks have performed since the war began, and explains why he believes sentiment in the country and the Middle East remains positive.
Atom Financial Services Group Acquires Sirius Capital, Launches Global Investment Banking Platform for Promoters across India, the UAE and Singapore
Atom Financial Services Group today announced the completion of its acquisition of Sirius Capital, a UAE-based investment banking and special situations advisory firm, and the formal launch of Atom …
Banking assets rise to AED5.57 trillion, credit reaches AED2.72 trillion at end-April
Total assets of the UAE banking sector, including bankers’ acceptances, increased by 0.2 percent to AED5.57 trillion at the end of April 2026, compared with AED5.556 trillion at the end of March, …
UAE-based govtech startup 01Gov bags AED1.5 million credit guarantee from Mohammed bin Rashid Innovation Fund
Dubai-based govtech startup 01Gov has secured a AED1.5 million (US$408,441) credit guarantee from the Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance …
UAE records strong AML/CFT/CPF performance in 2025
UAE reports strong 2025 AML/CFT/CPF results, highlighting risk-based reforms, stronger international cooperation, increased inspections and STRs, improved beneficial ownership transparency, and major …
Dubai streamlines SME launch path for founders
Dubai has launched SME in a Box, a digital platform intended to cut the time, cost and complexity faced by entrepreneurs setting up and operating small businesses in the emirate.The initiative, …
Dubai is going cashless in 2026 – here’s what will change
The Dubai Cashless Strategy aims to eventually make all transactions paperless, gradually switching to digital payment systems …
Dubai is going cashless: How will it impact you?
In January 2026, it was announced by the Dubai Media Office via X, that 90 per cent of all transactions across both the private and public sectors will be cashless by the end of 2026.
UAE’s 5-corner e-invoicing rollout: What businesses need to prepare for before 2027
The framework builds on a globally aligned, interoperable model designed to reshape how invoices are created, validated, exchanged, and reported …
Asprofin Bank unveils $12bn proposal for data centers in UAE
Dominican private bank Asprofin has announced a proposal for a large-scale data center program of up to $12 billion in the United Arab Emirates (UAE). The plan includes three hyperscale campuses with …