The meeting was held in the presence of Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and Sheikh Ahmed Bin Mohammed Bin …
DIFC launches Sustainable Finance Catalyst
Dubai International Financial Centre (DIFC) has launched the Sustainable Finance Catalyst to mark COP28’s Finance Day. The initiative aims to grow sustainable finance raised from Dubai to $100bn by …
$133,000 investment in Dubai no big deal – Moses Asaga
The report also criticized Dubai’s financial secrecy, suggesting it has become a haven for questionable funds. In response to these allegations, Asaga dismissed the claims, describing them as a …
UAE issues USD1.5B 10-year bond amid robust worldwide demand
The United Arab Emirates (UAE) successfully issued 10-year international bonds worth USD1.5 billion, marking its first sale since last September. Thi …
Should UAE investors turn to ‘value investments’ rather than chase trends?
Investors should know by now that the IPO is just the beginning of the journey for investing. The UAE capital markets are in the process of a shape-shifting trajectory. One that will surely go through …
UAE: New guidelines for public-private partnerships, Sandbox Conditions regulation
The UAE’s Ministry of Finance announced the approval of the Public-Private Partnership (PPP) manual by the UAE Cabinet. This manual is designed to foster a robust framework for federal government …
UAE Ministry Of Finance Issues Public-Private Partnership Manual, Defines Priority Sectors For First Phase
The UAE Ministry of Finance today announced the UAE Cabinet’s approval of the Public-Private Partnership Manual. The manual aims to develop a policy and procedural framework to enable federal …
UAE banking sector’s total assets exceed $1.16trn in Q1
UAE’s banking sector, a catalyst for sustained growth, has seen its total assets exceed AED4.25 trillion ($1.16 trillion) at the end of the first quarter (Q1) of 2024, the CEOs Advisory Council of UAE …
XRP News Today: Dubai Greenlights Ripple for Global Transfers Despite SEC Challenges
SEC Chair Gensler and the US stance on crypto contrasts significantly with other jurisdictions. This week, VARA of the Dubai Financial Authority approved XRP, another win for Ripple on the global …
How the UAE became a magnet for millionaires
Still, the Gulf region is often perceived as having done little to combat illicit financial flows. Inflow of Russian wealth into the UAE since 2022 has raised concerns that it acts as a haven for …
Dubai real estate: Mortgage activity hits 14-month high
Downtown Dubai, Jumeirah Village Circle, Dubai Marina, Jumeirah Lake Towers, and Jumeirah Beach Residence were the top areas for apartment mortgages. Dubai’s mortgage sector reached a 14-month peak in …
A Hedge Fund Eyes an Energy IPO
The largest shareholders are Sheffield Holdings, a Dubai-based real estate company, and the College Retirement Equities Fund. In addition, hedge fund giant The Baupost Group, headed by Seth Klarman, …
UAE approves manual to boost public and private sector partnerships; energy, health and education projects prioritised
The UAE Ministry of Finance announced the UAE Cabinet’s approval of the Public-Private Partnership Manual. The manual aims to develop a policy and procedural framework to enable federal government …
UAE approves manual to boost public and private sector partnerships; energy, health and education projects prioritised
The UAE Ministry of Finance announced the UAE Cabinet’s approval of the Public-Private Partnership Manual. The manual aims to develop a policy and procedural framework to enable federal government …
UAE: MoF issues Public-Private Partnership Manual, defines priority sectors for first phase
The manual aims to develop a policy and procedural framework to enable federal government entities to implement their developmental and strategic projects efficiently and effectively …
UAE central bank launches fintech sandbox including DLT and blockchain
The Central Bank of the UAE (CBUAE) has issued the Sandbox Conditions Regulation, which aims to attract start-ups and global fintech businesses and create an attractive environment for the financial …
Invest UAE: Corporate tax drives financial accountability in SME sector
The UAE government’s initiative to implement corporate tax is a … “We are providing training to our finance team to ensure they understand and apply these new regulations effectively. We are also …