The Abu Dhabi Securities Exchange (ADX) welcomed the listing of Alpha Data, a leading UAE-based digital transformation provider and systems integrator, marking the country’s first initial public …
Spinneys announces first post-IPO dividend of Dh102.6m after record H1-2024 revenues
Dubai retailer announces first interim dividend after IPO as revenues soar Dubai: Spinneys’ shareholders will receive their first post-IPO interim dividend of Dh102.6 million – or 2.85 fils a share – …
AFS Pro: the UAE’s newest business credit cards come through your bank
Mastercard and AFS launched AFS Pro corporate credit and prepaid cards for UAE businesses, distributed through banks, with Egypt to follow.
Dubai’s DMCC expands DIFC Courts partnership to give 26,000 companies access to legal and dispute resolution services
DMCC and DIFC Courts have expanded their partnership, providing more than 26,000 Dubai-based companies with access to legal, mediation and digital economy services Dubai Multi Commodities Centre (DMCC …
Ruya partners with Magure to deploy agentic AI across its UAE banks
UAE digital-first Islamic community bank Ruya (ruya) has entered a long-term strategic partnership with enterprise AI company Magure …
UAE fends off third sector-targeting cyberattack of 2026; finance first, now aviation, energy
UAE cyberattack 2026: The UAE Cybersecurity Council repelled a multi-vector attack on aviation, energy, and education sectors Monday, the third major critical infrastructure campaign of the year.
UAE financial institutions face tougher resilience and outsourcing requirements under new rules
New regulation represents a substantial evolution in the UAE’s prudential framework and brings the Central Bank of the UAE’s (CBUAE) expectations closer to leading international approaches to …
Mortgage industry veteran Rosie Patterson launches Patterson & Co Mortgages in Dubai
DUBAI, UAE – Experienced mortgage professional Rosie Patterson has launched Patterson & Co Mortgages, a new independent mortgage advisory in Dubai, marking a move from senior roles within some of the …
MICA-licensed Flowdesk receives VARA license for UAE expansion
Dubai entity Flowdesk Omega FZE, a subsidiary of French-headquartered Flowdesk, a liquidity provider and virtual asset trading technology firm backed by BlackRock, Cathawy innovation, and Coinbase …
Dubai, Hong Kong strengthen partnership to advance global climate finance
The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) will host the third edition of the HKMA-DFSA Joint Climate Finance Conference which will take place on 10th …
UAE emerges as key FCNR-B mobilisation source; US-UK inflows yet to pick up
UAE accounts for nearly half of the deposits mobilised under the RBI’s special FCNR-B window, with GIFT City emerging as a key channel for banks tapping NRI funds.
Dubai banks rack up millions in costs as AWS disruption continues
A source at one of the UAE’s biggest lenders told The Banker that it expects “emergency response” costs to reach around $30mn this year after AWS data centres in the UAE sustained damage from Iranian …
Dubai financial regulator expands digital asset rules, adopts agentic AI
DUBAI: The Dubai Financial Services Authority (DFSA) has introduced a series of regulatory initiatives and technological updates to streamline procedures, expand digital asset regulation, and …
UAE extends small business relief for corporate tax until December 2029
The UAE Ministry of Finance has extended the period during which Small Business Relief may be claimed to tax periods ending on or before 31st December 2029.
DFSA advances financial competitiveness through proactive regulations, agentic AI
The Dubai Financial Services Authority (DFSA) has introduced a series of regulatory initiatives and technological updates to streamline procedures, expand digital asset regulation, and integrate …
Chinese tech firms target Dubai for global expansion as flying cars, drone delivery and payments scale up
Chinese tech firms ARIDGE, Keeta Drone and PingPong are using Dubai to expand flying cars, drone delivery and cross-border payments into global markets …
UAE extends Corporate Tax relief until 2029 for businesses earning up to $817,000
The UAE has extended Small Business Relief until December 31, 2029, allowing eligible businesses with annual revenue of up to AED3m ($817,000) to benefit from simplified Corporate Tax rules …