The United Arab Emirates’ main oil company bought a stake in NextDecade Corp.’s natural gas export project in Texas, in a first US acquisition that also gives it a 20-year supply deal. Most Read from …
UBF reaffirms commitment to providing innovative solutions to boost UAE’s global trade
UAE Banks Federation said that the efforts of UBF member banks are crucial in strengthening the trade ecosystem and trade facilitation solutions …
India is now our biggest market outside UAE: Mashreq Bank Sr EVP
UAE’s Mashreq Bank has had a presence in India since the 1980s. After a few quiet decades serving the overseas trade finance needs of Indian corporates, five years ago, the bank decided to shift gears …
UAE banks set to achieve strong results despite likely rates cut
Banks in the UAE will continue to achieve strong results during this year, supported by prevailing high interest rates despite an expected trend of reduction, rating agencies said.Dr. Mohamed Damak, a …
Offshore properties, taxes and laws: 5 questions you may have following the Dubai leaks
On May 14, an extraordinary volume of leaked property data from Dubai, including over 23,000 properties listed as belonging to Pakistani nationals, was made public. These include political figures, …
Official tells Iranian state television that rescuers see the helicopter that was carrying Iran’s president in distance
Official tells Iranian state television that rescuers see the helicopter that was carrying Iran’s president in distance.
United Fintech Strengthens Presence with Opening of New Location in Dubai International Financial Centre (DIFC)
United Fintech is increasing its global presence with the opening of a new location in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, “spearheaded by Athena, …
Dubai thrives as the top global hub for greenfield FDI projects
Dubai was ranked the No.1 global destination for greenfield foreign direct investment (FDI) projects in 2023 for the third successive year as it reinforces itself as a “must destination” for emerging …
S’pore’s alleged money launderers named alongside terrorist financiers, drug lords in Dubai probe
The Dubai Unlocked investigation involves hundreds of thousands of Dubai property records. Read more at straitstimes.com.
Dubai’s DLD launches initiative for real estate technology
These aim to develop real estate innovation, attract technology companies specialised in real estate to Dubai, enhance the innovation ecosystem in PropTech, finance and support real estate technology …
Exploring investment: PM expected to visit UAE in a couple of weeks
ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit United Arab Emirates (UAE) within a couple of weeks, wherein issues related to investment in different sectors, country’s financial …
The ‘Real Housewives of Dubai’ Net Worths, Ranked: Who Is the Richest?
Boasting luxurious shopping malls, man-made islands and the world’s tallest skyscraper, the city has become synonymous with wealth in recent years, so it made perfect sense when Bravo announced in …
Consumer confidence in UAE banks climbs to 90%, here’s why
Addressing a press conference held recently at Mashreq Bank’s headquarters in Dubai, Al-Ghurair emphasised that this uptick reflects the sector’s steadfast evolution, underscoring customer trust as a …
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserve …
Dubai picks banks for IPO of UAE builder ALEC – report
Dubai has picked banks to work on the initial public offering (IPO) of UAE builder ALEC Engineering & Contracting, Bloomberg reported, citing people familiar with the matter. The banks chosen to work …
Dubai Unlocked: A global investigation into Dubai’s real estate owners
Dubai Unlocked is an investigative project involving more than 70 media outlets around the globe revealing who owns what in Dubai, the Middle East’s financial hub.
Ajman Bank wins ‘Islamic Digital Banking Provider of the Year Award’
Ajman Bank has won the “Islamic Digital Banking Provider of the Year Award” at the MEA Finance Banking Technology Summit & Awards 2024.The awards ceremony, which took place at the Ritz-Carlton at the …