According to Sudanese central bank data, the UAE imported almost 90% of Sudan’s legal gold exports, about 8.8 tonnes, in the first half of 2025. These exports brought in almost $840 million, Sudan’s …
UAE hospitality pivots from building to investment
The UAE hotel market is entering a more mature phase, supported by stronger operating metrics and a clearer focus on returns.
MyZoi and Deem Finance partner to launch earned wage access in the UAE
SC Ventures–backed financial inclusion platform myZoi has introduced Earned Wage Access services to support workers’ financial well-being; EWA enables employees to get early access to their salary in …
UAE’s Invest Bank secures licence for Islamic banking operations
Invest Bank has received approval from the Central Bank of the UAE to launch an Islamic banking window, enabling it to offer sharia-compliant products and services to individuals and businesses. Edris …
Emirates NBD’s $3bln RBL Bank deal could lift overseas assets to up to 30%
Emirates NBD’s proposed $3 billion investment in India’s RBL Bank is likely to conclude within the next six to eight months, subject to regulatory approvals. If the deal goes through, Emirates NBD’s …
Man Utd takeover: UAE-based consortium could face ‘immediate’ Man City issue in latest update
Any UAE-based consortium looking to buy Man Utd could have links to arch-rivals Man City, according to a football finance expert.
Invest Bank launches Islamic banking window
Invest Bank announced that it has obtained an Islamic banking window licence from the Central Bank of the United Arab Emirates (UAE).
A new chapter for Invest Bank: Islamic banking window approved by the UAE Central Bank
The Central Bank of the UAE’s approval of Invest Bank’s Islamic banking window license reinforces the country’s regulatory body’s confidence in the bank’s ability to provide inclusive and …
From off-plan frenzy to suburban shift: 6 trends defining Dubai real estate
While traditional hot spots like Downtown Dubai and Dubai Marina remain resilient, market momentum is becoming increasingly project-specific …
India’s RBL Bank–Dubai’s Emirates NBD $3bln deal could close in 5–8 months
The Dubai bank will take a controlling stake via a preferential issue of up to 60%. As part of this transaction, ENBD will also make a mandatory open offer for the purchase of up to 26% stake from the …
Dubai’s DIFC surpasses 8,000 companies as banking assets triple to $240 billion
Dubai’s financial free zone becomes Middle East’s top financial hub, with $240 billion in banking assets and AED 17.5 billion in court claims …
Gibson Dunn advises on UAE’s largest construction sector IPO
Law firm Gibson Dunn said it advised the Investment Corporation of Dubai and ALEC in connection with the initial public offering (IPO) and listing of ALEC on the Dubai Financial Market, which is said …
Once owned Rs 880000000000 empire in Dubai, went bankrupt after one tweet, sold firm for Rs 74, now court slaps huge fine due to…, he is..
In 2019, BR Shetty’s fortunes suddenly changed and he sold his 14,000 crore company for merely 74. It all started when the UK-based short-seller firm Muddy Waters.
Tamara secures Central Bank of the UAE approval, deepening commitment to the UAE market
Dubai, UAE: Tamara has officially received a restricted finance license from the Central Bank of the UAE (CBUAE).
UBF: Compliance is key to banking industry and sustainable development
The Federation stressed the critical role of adhering to legal and regulatory frameworks to support stability and growth of the UAE’s financial and banking sector, under the direct supervision of the …
KB Financial Explores Digital Innovation at Dubai GITEX
KB Financial Group (Chairman Yang Jong-hee) announced on the 19th that it had dispatched an observation team to the ‘GITEX Global 2025’ event, held from the 13th to the 17th of last month at the Dubai …
UAE accelerates climate actions, water innovation at World Green Economy Summit 2025
Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability Affairs, participated in two Ministerial sessions at the World Green Economy Summit (WGES) 2025 in Dubai, …