The tokenised ‘syndicated ownership’ model for the sector will Simplify asset management and enhance liquidity by making fractional shares of racehorses transferable …
UAE and EU look to boost $67.6bn trade ties
The EU is the UAE’s second-largest global trade partner, sharing $67.6bn in non-oil trade 2024, a 3.6 per cent increase on 2023 and 18.1 per cent more than was recorded in 2022. The EU now accounts …
Dubai International Financial Center (DIFC) announces tokenization regulatory sandbox, calls for EOIs
Despite the fact that the Dubai Financial Services Authority (DFSA), based out of Dubai (UAE), launched its regulatory framework for investment tokens in 2021, the regulator notes that it didn’t …
Dubai Trips, Credit Card Transactions & Financial Frauds: DRI’s Key Findings In Ranya Rao Gold Smuggling Case
Kannada actress Ranya Rao was arrested by the Directorate of Revenue Intelligence (DRI) for allegedly smuggling around 14.8kg gold bars from Dubai to Bangalore last week. From frequent visits to Dubai …
GCC banks to thrive as GDP tipped to hit 3.5% as UAE and Saudi lead growth
GDP growth in the GCC is projected at 3.5 per cent in 2025. Interest rate cuts, together with further investment and structural reform initiatives, will mean non-oil growth of over 3.4 per cent in the …
Nearly half of UAE consumers have fallen for a scam, study shows
While 59 per cent of surveyed consumers in the UAE have some degree of confidence in their own ability to spot fraud, 92 per cent worry their family or friends might fall for a scam …
Dubai: Gold prices touch new highs in early trade.
Gold prices hit a new record in Dubai, crossing $3,015 per ounce. Discover the latest trends and insights driving the surge. At 9am, 24K was trading at Dh362.75 per gram …
Best UAE Stocks to Buy in 2025
The United Arab Emirates (UAE) has established itself as a global business powerhouse, attracting investors with its strong economy, strategic location, and innovation-driven policies.
Empowering savers, building wealth: National Bonds strengthens commitment to financial prosperity
National Bonds’ investment portfolio surges to AED 15.8 billion with 22% growth in 2024, reinforcing commitment to financial well-being and sustainable growth …
Emirates Islamic Bank issues mandate for 5-year US dollar Reg S sukuk
The UAE’s Emirates Islamic Bank (EIB) has mandated lenders for a dollar-denominated Regulation S five-year fixed rate sukuk, which will be issued under its $4 billion Certificate Issuance Programme.
Dubai Investments posts AED1.3 bn pre-tax profit for 2024, up 21% YoY
Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market (DFM), announced a net profit before tax attributable to shareholders of $354 mn (AED1.3 bn) for …
The Dubai 100: The ultimate 2025 power list drops on 24 March, are you ready?
Influence in Dubai shifts with the velocity of its economy – accelerating, breaking barriers, and redefining what is possible. If you want to understand how Dubai stays ahead of the world, start with …
Dubai Chamber of Commerce reports record growth with 70,500 new members in 2024
The financial intermediation sector welcomed 1,830 new members, also growing at a rate of 8.3 percent. Dubai Chamber of Commerce operates as one of three chambers under the Dubai Chambers umbrella, …
Dubai commuters to get smarter Nol system with digital wallets, bank card payments
Dubai’s Roads and Transport Authority (RTA) has completed 40 per cent of the Nol system upgrade. This revamp will transition from the existing card-based ticketing system to the more advanced …
IAESIR Revamped AI-Powered Hedge Fund with Expanded Security and New Compliance Features
DUBAI, AE / ACCESS Newswire / March 14, 2025 / As financial markets become increasingly unpredictable, investors are seeking more reliable, …
UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50
Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.
Ripple gains licence for crypto payments in UAE
Ripple has become the first blockchain payments firm to secure a licence from the Dubai Financial Services Authority (DFSA). This is the firm’s first licence in the Middle East, and enables the firm …