The UAE cabinet’s recent approval of the strategy for Islamic finance and halal industry is likely boost the industry, a top agency said. According to a report by Fitch Ratings, the UAE Islamic …
National Bank of Fujairah wins in five categories at MEA Finance Banking Technology Awards 2025
National Bank of Fujairah (NBF) has been recognised in five awards at the prestigious MEA Finance Banking Technology Awards 2025, reflecting the bank’s leadership in delivering secure, cutting-edge …
Emirates Islamic unveils exclusive Business Banking Diamond Account for high-value SME clients
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of its new Business Banking Diamond account. The account is a premium and bespoke offering …
DFM CEO discusses Dubai IPO pipeline
Hamed Ali, Dubai Financial Market and Nasdaq Dubai CEO, speaks to CNBC’s Dan Murphy at the DFM Capital Market Summit in Dubai about the city’s pipeline for initial public offerings.
US tariffs: What UAE’s financial influencers recommend
Tariffs are up, certainty is out, and no one knows where to park their money. Between a new 10 per cent US tariff squeezing UAE exports like aluminium and petrochemicals, and oil prices …
Why off-plan properties are thriving in Dubai: Don’t miss the May Expo
Off-plan properties in Dubai made up 60% of transactions in 2024, which helped generate a 35.5% increase in property deals. From January to April, 2025, Dubai recorded a total sales transaction value …
DIFC to host third edition of Dubai FinTech Summit
The Dubai International Financial Centre (DIFC) is set to host the third edition of the Dubai FinTech Summit May 12 and 13, 2025, at the Madinat Jumeirah, Dubai, under the theme ‘FinTech for All’. The …
OSL Wealth Announces Strategic Partnership with Nine Blocks to Distribute Institutional-Grade Crypto Market Neutral Arbitrage Strategies
As a pioneer in bridging traditional finance and the digital asset economy, OSL Group adheres to its core concept: Open, Secure, and Licensed, empowering the next generation of global financial …
O Gold and Mawarid Finance launch region’s first Shariah-compliant Gold prepaid card
In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant …
Banking sector transfers rise to $925.7bln in Jan-Feb 2025: CBUAE
Of this, the value of transfers executed by banks during the first two months of this year amounted to AED2.093 trillion …
Bybit Forges “Bridges of the World” at Flagship Institutional Symposium, Culminating TOKEN2049 Week in Dubai
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, successfully concluded TOKEN2049 Week with its …
Dubai on track to become top four global financial hub
Dubai’s capital markets are playing a pivotal role in advancing the Emirate’s ambition of becoming a global top four financial hub, driven by foreign investor activity, according to a new report …
DMCC selects Ali & Sons Contracting to lead second phase of Uptown Dubai development
Dubai Multi Commodities Centre (DMCC), which is under the Dubai government’s administration, has appointed Emirati conglomerate Ali & Sons Contracting to manage the second phase of the Uptown Dubai …
EMSTEEL launches green finance framework to accelerate sustainable growth and advance net zero ambitions
The Framework enables EMSTEEL and its subsidiaries to issue a variety of green finance instruments-including green bonds, loans, commercial papers, and medium-term notes (MTNs)-across multiple …
UAE: Bank accused of unauthorised transactions after expat dies
A civil case was filed before the Dubai Commercial Court of Inheritance by the heirs of a deceased Canadian businessman against a local bank they alleged of “mishandling and withholding millions of …
OSL Wealth, Nine Blocks partner on crypto arbitrage
Hong Kong-based digital wealth management platform OSL Wealth, which is tailored for traditional investors managing the crypto assets of OSL Group, has joined in a distribution partnership with Nine …
Long-haul carrier Emirates reports record annual profit of $5.2 billion
Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, making it one of the world’s most-profitable airlines. The Dubai-based carrier served 53.7 million …