Dubai will seek up to $500 million from the initial public offering of ALEC Engineering & Contracting LLC, according to people familiar with the matter, as the emirate seeks to revive its …
Crypto giant Shiba Inu signs major deal with UAE MoEI to boost Web3 solutions
Multibillion-dollar crypto giant Shiba Inu has announced a historic partnership with the UAE Ministry of Energy and Infrastructure … Shiba Inu now offers decentralised finance (DeFi) features, …
Dubai Duty Free taps TerraPay for digital wallet payments
Dubai Duty Free, operating at Dubai International Airport and Al Maktoum Airport, can now connect to TerraPay’s network.
Veefin Group acquires UAE-based TradeAssets to expand its offerings
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Gulf sovereign wealth funds drive $36bn+ mega-deal boom as UAE, Saudi buck global M&A slowdown
The Gulf region emerged as a dominant force in global mergers and acquisitions in 2024, with sovereign wealth funds from Saudi Arabia and the UAE leading a surge in mega-deals across energy, …
DFCC Bank Honours Sri Lankan Expatriates in UAE for Building a Stronger Nation
The bank’s vision is to continue being a trusted partner for Sri Lankans worldwide by enhancing accessibility, leveraging technology, and expanding our global reach …
UAE and Germany strengthen economic ties with UAE-German Business Forum in Abu Dhabi
UAE-Germany non-oil trade reaches $13.8 billion in 2024, marking a 5.4% increase year-on-year.
Dubai Government announces Tabby’s integration into DubaiPay as digital payment option
Dubai Government, represented by Digital Dubai and the Department of Finance, has announced the integration of Tabby into DubaiPay – the unified hub for service providers and government entities.This …
Dubai Future District Fund’s results highlight stronger alignment with Dubai’s D33 Agenda
Dubai Future District Fund (DFDF) Oversight Committee convened for its annual review, marking significant strides toward Dubai’s economic goals. The Oversight Committee reviewed DFDF’s 29 investments …
Dubai Government adds new Tabby payment option on DubaiPay
Tabby joins various other payment methods available on DubaiPay, such as credit cards, direct debit cards, smart wallets, online banking services, Apple Pay, and Google Pay …
Middle-class Britons join wealth exodus to UAE amid UK economic uncertainty
The migration wave comes as Britain grapples with multiple challenges, including the planned abolition of non-dom tax status and broader economic uncertainty …
Keyper partners with First Abu Dhabi Bank and Dubai First to transform rent payments
In an exciting partnership that sets a new benchmark in the UAE rental market, Keyper has joined forces with the First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and …
How a shady hustler in Dubai turned celebrity meme coins into a crypto grift
Based on internet jokes, cutesy animals, and pop culture fads, meme coins have been in circulation for over a decade. While the tokens have no value as currency, their price can soar upon release, as …
UAE: Can banks close customers’ accounts after multiple bounced cheques?
All banks at the time of entering a contract are obliged to inform their customers in writing the consequences of returned cheques …
In two years, cryptocurrency could become part of everyday life in the UAE, says leading Crypto.com official
Eighth edition of the Sharjah Entrepreneurship Festival hosted talks by renowned futurists and cryptocurrency leaders on the first day …
New UAE insurance rules: Direct payments, claim payouts start February 15
From February 15, insurance customers in the UAE will have to make direct payments to insurers instead of going through brokers as new industry .Under the Central Bank of the UAE (CBUAE) regulations, …
UAE mega projects, sustainability boost bonds, sukuk issuances
The UAE is witnessing rapid growth in its mega projects, spanning vital sectors such as infrastructure, renewable energy, and real estate development, in line with a strategic vision that places …