The UAE’s Ministry of Finance (MoF) has reaffirmed its commitment to supporting the National In-Country Value (ICV) Programme, one of the UAE’s flagship initiatives aimed at enhancing local content …
UAE Funds Transfer System Records AED9.5 Trillion in 2025
Dubai The UAE Funds Transfer System saw a substantial surge in the value of transactions during the first five months of 2025, reaching a remarkable AED9.528 trillion. This reflects the continued …
Banking sector financial transfers exceed AED9.5 trillion in 5 months
The value of transfers executed in the country’s banking sector through the UAE Funds Transfer System (UAEFTS) reached AED9.528 trillion during the first five months of this year.According to Banking …
Q&A: Latham & Watkins’ Saudi Arabia Chair on Challenges and Opportunities
Latham & Watkins’ partner Salman Al-Sudairi shares insights on navigating Saudi Arabia’s growing legal market.
UAE, Saudi SWFs, mutual funds power GCC AuM to $2.2 trillion
The GCC’s asset management industry has entered a new phase of expansion, reaching $2.2 trillion in assets under management (AuM) in 2024 — a 9 per cent increase from the previous year — according to …
85% of UAE retail investors back local stock markets: eToro survey
A whopping 85 per cent of UAE-based retail investors are currently invested in local stocks, and many are buying even more in response to global trade …
Banking sector financial transfers exceed Dhs9.5 trillion in 5 months
The value of transfers executed in the country’s banking sector through the UAE Funds Transfer System (UAEFTS) reached Dhs9.528 trillion during the first …
UAE: Banking sector financial transfers cross $2.59trln in 5 months
The value of transfers executed in the country’s banking sector through the UAE Funds Transfer System (UAEFTS) reached AED9.528 trillion during the first five months of this year.
UAE retail investors increasingly focused on homegrown markets
An overwhelming 85 per cent of UAE-based retail investors are currently invested in local stocks, and many are buying even more in response to global trade tensions, a study showed. According to the …
du Pay launches ‘Salary in the Digital Wallet’ feature to boost financial inclusion in UAE
The new feature is aimed at addressing a gap for a large segment of the UAE’s workforce earning less than AED 5,000 per month, many of whom have limited or no access to traditional banking services.
UAE Climbs To 16Th Spot In Global Government Support Rankings
The United Arab Emirates has reached a significant milestone, securing the 16th position globally in the 2025 Government Support Index, as outline …
UAE ranks 16th globally in the ‘Government Support Index’ in the IMD World Competitiveness Yearbook 2025
Dubai, UAE: The United Arab Emirates has achieved another landmark milestone in its record of global leadership, advancing to 16th place worldwide in the 2025 Government Support Index, one of the key …
India’s banking giant launches investment funds in UAE: Check the details here!
Kotak Mahindra Bank has secured a license from the UAE Securities & Commodities Authority, marking it as the first Indian institution authorized for investment fund and portfolio management in the UAE …
Mered CEO on Factors Driving Dubai Property Boom
Dubai’s housing boom that began in late 2020 has continued despite Trump’s tariff policies and conflict in the region. Michael Belton, CEO of Dubai-based developer Mered, spoke with Bloomberg’s Chief …
Awqaf Dubai’s endowment shares portfolio surpasses AED9 million in H1
The Endowments and Minors’ Trust Foundation in Dubai (Awqaf Dubai) announced that the value of its endowment shares portfolio surpassed AED9 million by the end of the first half of 2025, marking a 4.7 …
Kotak International Secures UAE Licence To Sell Funds Directly To Retail Investors
Kotak International, the global arm of Kotak Mahindra Bank, on Monday said it has secured a licence from the United Arab Emirates’ Securities and Commodities Authority (SCA) to directly sell …
PPP success propels 4% growth in Dubai’s economy
Dubai’s economy increased by 4 percent year on year to AED120 billion ($33 billion) in the first quarter of 2025, driven by strong public-private partnerships (PPPs). The health and social work sector …