The United Arab Emirates’ bumper gas listing inevitably invites comparisons with Saudi Aramco . Abu Dhabi National Oil Company (ADNOC) is selling a 4% stake in its gas processing arm to local …
Why African banks are turning from London and New York to Dubai and Riyadh
Arab-based DIFC and KAFD financial hubs are now outshining New York’s Wall Street and London’s The City. This geographical shift mirrors a broader reorientation of trade and financial flows towards …
Dubai offers ‘first-time buyer scheme’ for priced-out Britons – and they could get £100k discount
Young Britons struggling to get on the housing ladder could get first dibs on new apartments, a competitive mortgage offer – and £100,000 off the price.
Absolute Digital Media expands to the UAE with new Dubai headquarters
Performance marketing agency Absolute Digital Media has officially launched its new headquarters in Dubai, coming from the UK. Absolute Digital Media brings its award-winning SEO, PPC, paid social, …
Dubai offers ‘first-time buyer scheme’ for priced-out young Britons – and they could get an £100k discount
Young Britons struggling to get on the housing ladder could get first dibs on new apartments, a competitive mortgage offer – and £100,000 off the price.
UAE lender ADCB reports 11% jump in second-quarter profit
Abu Dhabi Commercial Bank reported net income of 2.57 billion dirhams ($699.7 million) for the second quarter on Monday, up 10.7% from the prior-year period, beating analyst expectations. Analysts had …
Dubai jumps in global wealth rankings as lifestyle appeal lures world’s elite
Dubai has risen to the seventh place globally and fourth in the EMEA region as a preferred destination for high-net-worth individuals. In Julius Baer’s Global Wealth and Lifestyle Report 2025, Dubai …
Data centre NTT DC REIT makes tepid debut after Singapore’s biggest IPO in 4 years
Singapore’s NTT DC REIT, a data centre real estate investment trust, had a lacklustre market debut on Monday after riding a wave of AI interest to raise $773 million in the city-state’s biggest IPO in …
UAE fines Dh325,000 on several financial companies for violating tax rules
The UAE has imposed financial penalties totalling Dh325,000 on several licenced financial institutions for failing to comply with international tax transparency regulations, including the Foreign …
VARA developing new pilot projects in gold, decentralised finance: CEO
The Dubai Virtual Assets Regulatory Authority (VARA) has so far issued 36 full licences to entities operating in the virtual assets sector.Matthew White, Chief Executive Officer of VARA, told Emirates …
RAKBANK unveils new Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah
Dubai, United Arab Emirates – RAKBANK has officially inaugurated its state-of-the-art Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah, further strengthening its commitment to serving …
Dubai Cares’ “Pack for Impact” Initiative unites volunteers to support children across the UAE
Over 100 volunteers from GFH Financial Group, Dubai Cares, and partner organizations came together at JW Marriott Marquis Dubai recently for the “Pack for Impact” initiative under Dubai Cares’ …
Dubai’s RTA unveils Dhs633m road projects to cut travel time by 50%
In line with the directives of the leadership to enhance the road infrastructure and public transport systems in support of urban development, …
Dubai unveils Dh633 million plan to cut congestion in busy financial hub
Dubai’s transport authority on Sunday awarded a contract for a Dh633 million ($172 million) road scheme aimed at cutting congestion on one of the emirate’s busiest traffic routes. The Al Mustaqbal …
Equity Bank taps UAE for global growth
The lender’s shareholders approved a dividend payout of Kshs. 16 billion (approximately Shs 444.9 billion) for the year ending December 2024 Nairobi, Kenya | THE INDEPENDENT | Equity Group Holdings …
Contracting activities in Dubai: New law issued
The law applies to all contractors operating in Dubai, including those within special development zones and free zones …
Dubai’s secret: Why it leads the region beyond oil and real estate
Discover how Dubai’s diversification into non-oil sectors has established it as a leading global business hub, with innovative policies, unmatched infrastructure, and a vibrant talent pool driving its …