The UAE E-Invoicing Readiness Index found that firms are entering a “developing” stage of readiness ahead of voluntary adoption starting July 1 …
UAE Universal Accounts Initiative set to advance financial inclusion: Al Ansari Exchange positioned to support rollout
The initiative is expected to help more individuals to get access to basic financial services through a virtual IBAN number …
UAE universal accounts initiative set to advance financial inclusion
Al Ansari Exchange positioned to support rollout, with the initiative expected to help more individuals to get access to basic financial services through a virtual IBAN number …
IPO momentum in GCC hinges on post-summer market conditions
Notable IPOs have been delayed to post-summer due to the current weak market sentiment, including Saudi Arabia’s Arabian Dyar and Mutlaq Al Ghowairi and the UAE’s Dubai Investment Parks …
RAKBANK launches support package to help UAE female entrepreneurs launch and grow their businesses
RAKBANK has launched a new banking and business support package aimed at female entrepreneurs across the UAE. The “She Means Business” package combines financial services, insurance, educational …
How UAE is using AI to automatically generate tax refunds
The UAE Federal Tax Authority is using AI to automate tax refunds, accelerate processing and improve services, with $1.01bn refunded to citizens …
Citi names Rajeev Garg as UAE wealth head
He will manage the bank’s wealth vertical in the country, including Citigold, Citigold Private Client and credit cards.
Mawarid Finance and Athar Finance announce strategic partnership
Dubai, UAE — Mawarid Finance and Athar Finance have signed a strategic partnership agreement to develop and issue stablecoin-powered payment cards designed to bridge digital assets with everyday …
HSBC launches tokenised deposit service in the UAE
HSBC announced the launch of its Tokenised Deposit Service (TDS) in the United Arab Emirates, marking a significant expansion of its digital money capabilities to enable seamless, real-time funds …
Trust compounds: Sarwa Group CEO Mark Chahwan on his UAE-based wealthtech platform crossing US$1 billion in assets under management
In May, the UAE-based wealthtech platform Sarwa announced that it crossed US$1 billion in assets under management (AUM). Reached amid a period of regional uncertainty, the milestone is more than just …
Dubai brand value crosses Dh1 trillion, ranks among world’s top five city brands
Digital Dubai’s Dh31 billion contribution boosts the emirate’s rise to fifth globally, as strong trust, innovation and ease of doing business strengthen its global appeal …
Revolut cleared for UAE launch after central bank approval
Digital banking giant Revolut has secured regulatory approval to launch in the UAE, marking a significant step in its expansion across the Gulf and wider Middle East. The company said it has received …
Dubai Innovation and Financial Foresight Forum wraps up
Dubai Finance (DOF) announced the successful conclusion of the ‘Dubai Innovation and Financial Foresight Forum’, which brought together government …
UAE launches first retail T-Sukuk, letting residents invest in government-backed assets from Dh1,000
UAE residents can now invest in government-backed Islamic Treasury Sukuk with a minimum of Dh1,000, thanks to the launch of the Sovereign Retail T-Sukuk programme. This Shariah-compliant product, …
Dubai Finance concludes Dubai Innovation and Financial Foresight Forum
DUBAI, 19th June May, 2026 (WAM) — Dubai Finance (DOF) announced the successful conclusion of the ‘Dubai Innovation and Financial Foresight Forum’, which brought together government leaders, industry …
Indian man opens bank account in UAE on an app, two months later, wins Rs 5 crore reward
UAE Lottery: An Indian-origin man, Shajeer Venga, has won 2 million AED in Sharjah Islamic Bank’s ‘Millionaire’ campaign after opening a savings account. The prize fulfills his long-held dream and …
UAE to accept digital currencies for federal service fees under new government plan
The UAE Ministry of Finance’s new Strategic Plan 2027–2029 includes digital currency payments for federal service fees and a major expansion of AI-powered services The UAE will introduce digital …