Pakistani nationals and other tourists planning to visit the United Arab Emirates (UAE) must obtain a visit visa to enter the country.
Dubai’s GDP tops AED 115 billion in first quarter of 2024, with its economy growing 3.2% compared to the same period in 2023
propelling sectors that have been core to Dubai’s growth story – including logistics, trade, real estate, and financial services – to new heights, while also sustaining the upwards …
UAE: Expat shocked after loan tripled to over Dh530,000 due to interest fees, charges
A Dubai resident didn’t expect that the Dh180,000 loan she took out during the pandemic would triple to Dh530,400 after accepting the bank’s offer to restructure her loan, extending the Equated …
Dubai Islamic Bank offers payment relief to customers affected by June system issue
Dubai Islamic Bank (DIB) has deferred July installments for customers whose June payments were not collected during a system upgrade. The bank implemented this measure to prevent customers from facing …
UAE Central Bank revokes Galaxy Insurance Broker’s licence
The decision was made under Article 22 (2) of the Board of Directors Resolution No. 15 of 2013 Concerning Insurance Brokerage Regulations in UAE …
UPI payments: All that Indians living in the UAE and tourists need to know
A digital payment network is being unveiled across the UAE, making it easier for Indians travelling to Dubai to make instant payments using mobile phones linked to their bank accounts back home. The …
UAE Investors Maintain Strong Appetite For Ipos
Additionally, the survey reveals a significant vote of confidence among investors in the bookbuilding process, considered a critical aspect of IPOs. An impressive 71 per cent of investors have …
Fake Job Offers, Raffle Wins: UAE Banks Warn Residents Against 8 Scams
Some scammers call customers claiming to be bank officials and seek details related to their accounts. The banks will never call and ask customers about their account and fund details. Therefore, …
How DIFC became a global magnet for hedge funds and alternative investments
There are many factors driving Dubai’s allure as a destination for hedge funds and alternative investment firms. DIFC Authority’s Chief Business Development Officer sits down to unpack the strategic …
UAE markets hit 4-month high on strong corporate earnings
Stock exchanges in the United Arab Emirates closed at a four-month high on Friday on the back of better-than-expected corporate earnings.
UAE takes part in 3rd G20 FMCBG meeting
The UAE, represented by the Ministry of Finance and the Central Bank of the UAE, participated in the third meeting of Finance Ministers and Central Bank Governors of the G20 (G20 FMCBG), …
UAE takes part in third G20 FMCBG meeting held in Brazil
Rio de Janeiro, Brazil: The UAE, represented by the Ministry of Finance and the Central Bank of the UAE, participated in the third meeting of Finance Ministers and Central Bank Governors of the G20 …
SME story: How STP Partners leverages tech in its financial solutions
Tony Hallside, CEO of DIFC-based STP Partners, discusses the firm’s prime brokerage services, strategic successes, and future plans …
Octagon launches ‘Family Office as-a-Service’ model in UAE amid surging demand
Both the Abu Dhabi Global Market (ADGM) and Dubai International Financial Centre (DIFC) have enabled registered financial institutions, companies and entities to operate and succeed within …
UAE: Central Bank cancels licence of insurance broker
The Central Bank of the UAE (CBUAE) on Friday revoked the licence of Galaxy Insurance Broker (Galaxy), an insurance broker operating in the Emirates, for failing to comply with regulations. The …
Exclusive: India-UAE partnership CEPA strategic step towards more integrated future
(Image: FE) The Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE) is a landmark trade deal aimed at enhancing economic ties and fostering mutual …
Fake job offers, lottery wins: UAE banks warn residents against 8 scams
Banks in the UAE have asked residents to be aware of different types of fraud that are targeting customers. Ranging from fake job offers to suspension of passports to impersonating government …