The UAE’s mortgage market is experiencing a transformative surge, driven by the substantial interest from non-residents. Constituting be …
The Saudi Central Bank Grants License To Funding Souq For Debt Crowdfunding Platform Operations In The Kingdom
RIYADH, SAUDI ARABIA / ACCESSWIRE / April 20, 2024 / The Saudi Central Bank, also known as SAMA, has issued a license to Funding Souq, adebt crowdfunding platform , allowing it to operate within the …
Cryptex Finance launches innovative category index tokens in Dubai
Cryptex Finance – a decentralized protocol making crypto native markets accessible to users worldwide, announced the upcoming launch …
IMF, World Bank steering committee stresses accountability as reforms advance
The steering committee for both International Monetary Fund and the World Bank on Saturday emphasized the need for broader accountability as the institutions implemented reforms to help countries …
World Bank Projects GCC Growth Rate to Score 3.6% in 2024 and 3.8% in 2025
As MENA countries mostly adopt a reactive market approach, leading sectors in the GCC are directly affected by the Fed’s monetary policies.The indecisive statistics for the interest rate outcome in …
Remittance from UAE, UK surges in July-March FY24; declines from Saudi, US
Remittance inflows have surged by around $1 billion during the July-March period of FY24 compared to the corresponding period of the previous fiscal year, driven by significant increases from …
UAE Central Bank issues Q4 2023 Credit Sentiment Survey report
Results are based on the responses received from a panel of 70 UAE financial institutions The UAE Central Bank located on the Baynoonah street in Abu Dhabi. Image Credit: Gulf News archives Abu …
Central Bank of the UAE (CBUAE)
Interview: Khaled Mohamed Balama To what extent can the regulatory landscape help banks benefit from disruptive technologies? KHALED MOHAMED BALAMA: The regulatory landscape in the UAE is under …
Is Dubai’s real estate sector poised for a slowdown?
Despite the global slowdown and spiking interest rates, Dubai witnessed a sharp increase in the value of home mortgage approvals, property prices, and residential rents. But has the real estate market …
UAE: MoF launches ‘digital public consultation’ on R&D tax relief
The digital public consultation reflects the Ministry’s belief in the importance of consulting with all stakeholders including businesses operating in the UAE, advisors, service providers, institution …
UAE signs 11th economic partnership deal amid trade expansion push
The UAE signed its 11th Comprehensive Economic Partnership Agreement on Friday as it continues to focus on boosting economic and trade ties with different countries. Arab world’s second-largest …
In Conversation with Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD
In Conversation with Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD | Global Finance Magazine …
10 Must-Know Tips for Every Newcomer in Dubai
If you’ve recently moved to Dubai, welcome! You’re about to experience a place known for its tax-free salaries, consistent sunshine, and a wide range of activities. New data from Remitly ranks Dubai …
UAE markets decline over Israel’s attack on Iran
Stock markets in the United Arab Emirates declined on Friday as investors turned risk-averse after Israel launched an attack against Iran.
xCube launches UAE’s first fully automated SLB service for retail investors
DUBAI, 19th April, 2024 (WAM) — xCube, a leading Dubai-based market-making and brokerage platform, has launched fully Automated Securities Lending and Borrowing (SLB)for retail investors, a …
UAE: MoF launches ‘digital public consultation’ on potential implementation of R&D Tax incentive
The consultation will be open from 19th April to 14th May 2024 with the aim to understand the scope of potential R&D activities undertaken by businesses and corporations in the UAE, what activities an …
UAE concludes 11th Comprehensive Economic Partnership Agreement amid trade expansion push
The UAE signed its 11th Comprehensive Economic Partnership Agreement on Friday as it continues to focus on boosting economic and trade ties with different countries. Arab world’s second-largest …