Among Dubai’s most upscale neighbourhoods are Business Bay, Dubai International Financial Centre (DIFC), Downtown Dubai, Dubai Marina, Palm Jumeirah and Jumeirah Beach Residences. With a host of …
UAE: Ministry of Finance launches digital transformation initiatives
At GITEX, the Ministry showcased a range of systems, projects, artificial intelligence initiatives, digital services …
UAE: What if your cheque bounces and you get a better job offer at the same time?
In the UAE, if a cheque issued by an individual (drawer) to another individual or entity (drawee) is dishonoured for insufficient funds in a bank account of a drawer, the drawee is entitled to file an …
UAE and China reinforce growing collaboration in financial sectors
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), on …
UAE’s Ministry of Finance Unveils Digital Transformation and AI Initiatives at GITEX Technology 2023
Dubai’s technological hub showcased an array of sleek screens shimmered with the promise of a new era – an era drenched in the language of algorithms, artificial intelligence, and digital …
Ministry of Finance launches digital transformation initiatives using metaverse and AI solutions
The Ministry of Finance concluded its participation in GITEX Technology Week 2023, in which it showcased its leadership in digital transformation and artificial intelligence, providing metaverse …
UBF CEOs council confirms banking sector’s ability to continue to grow
Participants at the meeting, including CEOs and General Managers of UBF member banks, affirmed the ability of UAE’s banking sector to continue its strong performance, take advantage of the …
Exploring the future of cross-border finance at FERG’s Remitlink23 conference
The Foreign Exchange and Remittance Group (FERG), in partnership with Dellsons Associates and the Embassy of Pakistan – UAE, hosted ‘Remitlink23’ an international conference offering insights into the …
UAE’s Federal Tax Authority Showcases Digital Prowess at GITEX Global 2023
At the 43rd edition of the GITEX Global exhibition, the Federal Tax Authority (FTA) of the United Arab Emirates (UAE) unveiled its advanced digital tax systems, earning accolades from government …
UAE bank bosses eye growth, highlight $51.8bn renewable energy financing
UAE Banks Federation CEO council gather to discuss progress in the sector UAE banking bosses have met to discuss sector progress and developments. Among the topics under focus were the $51.8bn in …
Dalio’s Abu Dhabi Penthouse Shows Rise of New Hedge Fund Hubs
From a penthouse overlooking the Persian Gulf, one of the world’s biggest hedge fund fortunes is feeling increasingly at home.
UAE is witnessing growing momentum in the economic, financial and investment sectors: Abdullah bin Touq
The emirate’s leadership’s directives consolidate the country’s position as a global economic link; The UAE is a destination that brings together major international companies, economic events, …
Climate Bonds Initiative CEO: UAE poised for green issuance surge ahead of COP28
The CB Initiative CEO pointed to the role of the UAE in promoting sustainable finance principles, noting that the country has become a hub for emerging market financing. He stressed the need to …
UAE Banks Federation CEOs Consultative Council confirms sector’s ability to continue to grow
The Council members commended the initiatives and continuous efforts undertaken by the Federation with the direct supervision of Central Bank of the UAE …
$840 billion global bank Standard Chartered sets sights on crypto custody services in Dubai
Standard Chartered is taking purposeful strides in the cryptocurrency sector. The London-based banking giant has unveiled plans to launch Bitcoin and ether custody services in Dubai by the first …
Airtel Money and TerraPay to offer mobile money services for Tanzanian customers traveling within the UAE
Airtel Money Tanzania in partnership with TerraPay, a cross-border payments network, has launched an international remittance service enabling Airtel Money customers in the United Arab Emirates (UAE) …
Ajman Bank unlocks agility and innovation with codebase technologies’ Digibanc Platform at GITEX Global 2023
This collaboration is geared towards unlocking enhanced customer value, streamlining operations, and driving increased revenues through state-of-the-art innovation …