Islamic banking is expanding across Africa as Gulf players from the UAE, Saudi Arabia, and Kuwait reshape financing through commercial banks, development institutions, and sharia-compliant instruments …
US firms evacuate staff from Dubai; investors move capital
UAE’s reputation as a stable global hub is facing a significant challenge as major international firms have started to evacuate …
Dubai stocks enter bear market as conflict-driven selloff hits banks, property shares
Deepening losses in banking, real estate shares amid conflict-driven selloff pushed Dubai’s main index more than 20% below its February peak, sending it into bear-market territory – Anadolu Ajansı …
SAP becomes first leading ERP provider pre-approved by UAE Ministry of Finance for National e-Invoicing Framework
Approval enables existing and potential SAP customers to manage electronic invoicing compliance directly within their ERP environment ahead of upcoming regulations: Marwan Zeineddine, Managing Directo …
Dubai stocks fall into bear market as Iran war enters third week
Dubai stocks slip into bear-market territory as the Middle East war hits flights, real estate, tourism and the emirate’s safe-haven appeal.
Citibank to keep most UAE branches closed indefinitely due to Iran war
Citibank said most of its branches and offices in the UAE will continue to be closed until further notice, part of a broader banking industry response to deteriorating security conditions due to …
Banks evacuate, close offices in Qatar, Dubai after Iran threatens attacks
Several banks urged their employees to evacuate offices in Qatar and the United Arab Emirates on Wednesday as Iran threatens to launch strikes on financial institutions. HSBC has closed all its …
Dubai, Abu Dhabi Iran War LIVE: UAE’s Indian Embassy issues travel advisory; Zelenskyy mulls helping Middle East nations against Iran
Trump says US Navy escorts for oil tankers through the Strait of Hormuz will happen “soon.” Follow live updates on Dubai, Abu Dhabi strikes, ADNOC shutdown, LPG prices and safety of Indians in UAE.
UAE savings strategies 2026 explained: Best apps, tools, budget rules and smart money hacks to beat rising cost of living in Emirates
UAE residents are embracing new ways to save money amidst rising living costs. Digital budgeting apps, automated savings tools and smart banking platforms are becoming essential. These technologies …
Wall Street’s Secret Migration: How New York’s Finance Giants Are Quietly Building New Empires in Miami, Dallas, and Dubai
JPMorgan, Goldman Sachs, Citadel, and dozens of elite hedge funds are quietly building billion-dollar operations in Dallas, Miami, and Dubai — and New York’s new socialist mayor may have just …
Building in Dubai financial district damaged after attack: Witnesses, AFP
The facade of the building was reportedly hit by debris from an intercepted attack. Read more at straitstimes.com. Read more at straitstimes.com.
Dubai financial hub struck as war enters 15th day; US Embassy in Baghdad targeted
The Dubai Media Office confirmed that an aerial threat was successfully neutralised over the city’s central district.
Banks in Gulf Evacuate Their Offices
After an overnight attack on a bank, Iranian officials signaled a new willingness to target economic centers and banks with ties to the United States.
International Financial Centre in Dubai hit by kamikaze drone
Dubai’s financial center was hit in an Iranian drone attack on Friday, leaving a huge cloud of black smoke rising over the heart of the neutral city. The surreal scene in the United Arab Emirates city …
UAE’s financial sector is resilient, says central bank governor
UAE’s central bank governor assures the banking sector’s resilience despite regional conflict, citing strong capital and liquidity ratios. Stock markets initially fell after reopening following a …
Dubai mulls secondary IPO market for small businesses
Dubai may consider launching a secondary initial public offering (IPO) market and a bourse dedicated to trading of shares of small and medium-sized enterprises, a top government official said on …
Drone hits Dubai financial district as smoke pours from building
Dubai’s financial district hit by kamikaze drone as smoke pours from building struck by debris – Dubai has been hit by a series of drones since the US-Israeli war on Iran began …