The UAE is committed to developing economic policies and legislation to enhance Islamic finance and the broader Islamic economy …
Dubai real estate set for strategic growth through 2025, say experts
said Dubai has firmly established itself as a global hub for finance, and the rapid growth of family offices in the region is a testament to this evolution, aiding the expansion and growth of the real …
UAE, Saudi banks push for enhanced employee experience in GCC: Report
The report highlighted the direct impact on profitability through prioritising employee experience on engagement, retention, and innovation …
Payments platform Whizmo seeks to redefine financial inclusivity in the UAE
Whizpay Technology was founded with the aim of addressing a persistent issue in the UAE: the reliance on cash in an increasingly digital world.This challenge was personal to the company’s founders, …
Hedge funds from East join Western peers in booming Mideast hubs
Abu Dhabi has already drawn the likes of Brevan Howard Asset Management and Marshall Wace as it established itself as a burgeoning hub for hedge funds. Now, a new group of heavyweights are looking to …
Dubai Property Marked ‘Under Cancellation’ After 19 Yrs
A real-estate project in Dubai Investment Park (DIP) was recently marked ‘under cancellation’ after 19 years of its launch, shocking Dubai residents who had invested in the project.Read More: Dubai’s …
2024 in review: The UAE crypto legal chronicles
As crypto assets continue steadily into mainstream finance, policymakers worldwide are stepping up with comprehensive rules. From the United States president-elect pledging a strategic Bitcoin (BTC) …
UAE raises up to $3bn a year through indirect taxes
The UAE generates between AED10bn and AED11bn ($2.72bn and $3bn) annually through indirect taxes, according to Younis Haji Al Khoori, Undersecretary of the Ministry of Finance. It represents a …
Dubai’s RTA awards contract for Metro Blue Line project
Dubai’s Roads and Transport Authority (RTA) has announced the award of a Dh20.5bn ($5.58bn) contract for the Dubai Metro Blue Line project to a consortium of Turkish and Chinese companies. The …
Devexperts to set up an office in Dubai
Devexperts, an Irish capital markets software developer, has announced plans to establish an office in Dubai. The company is making this move to increase its footprint in the MENA region.
Dubai Islamic Bank relaunches ‘DIB XTRA’ for enhanced banking experience
Back due to popular demand, Dubai Islamic Bank recently relaunched the DIB XTRA Salary Transfer Campaign to reward citisens and residents of the UAE who …
Dubai Islamic Bank relaunches ‘DIB XTRA’ Campaign with exceptional rewards and exclusive benefits
Dubai: Back due to popular demand, Dubai Islamic Bank recently relaunched the DIB XTRA Salary Transfer Campaign to reward citizens and residents of the UAE who are looking for an enhanced banking …
Dubai’s Fajr Capital seeks string of deals in 2025 in push to double assets, CEO says
Dubai-based private equity company Fajr Capital is evaluating a string of large ticket deals, from health care and data centres to semiconductors industry, as it looks to boost investment in the Gulf …
UAE: Why property buyers with a mortgage should have term insurance?
As demand for off-plan property in Dubai and the UAE has been growing exponentially, the number of term life insurance buyers is also on the rise …
‘I dream of a home in the UAE’: Indian expat says her long-term financial goals involve real estate
Living in Dubai taught me to enjoy a quality lifestyle without any … I’d tell my younger self to invest early after consulting a financial advisor. Investing in my education and travelling to more …
Moore Capital Offshoot JJJ Joins Hedge Funds Rushing Into Dubai
JJJ Capital Management, a hedge fund started by former Moore Capital Management traders, is expanding to Dubai, joining a cohort of peers setting up offices in the Middle East.
Nasdaq Dubai welcomes $500mln sustainability-linked loan financing bond by Emirates NBD
Dubai – Nasdaq Dubai welcomed the listing of Emirates NBD Bank PJSC’s, USD 500 million Sustainability-Linked Loan Financing Bond (SLLB), the world’s first SLLB issued under the new International …