The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism …
UAE bank apologises after some customers receive ‘error’ SMS during system upgrade
A UAE bank apologised to its customers on Sunday after some of them received ‘error’ messages that ‘seemed fraudulent’. Taking to social media, a frustrated resident said he received debit messages …
How a TikTok craze for Dubai chocolate sparked a global pistachio crunch
Two years after the chocolate bars hit the market, a TikTok video amassing more than 120 million views created a worldwide craze for the chocolate, turning it into an overnight global sensation.
Dubai’s viral pistachio chocolate sparks global nut shortage and surging prices, triggering retailers to ration and alter recipes
A global craze for pistachio-filled chocolate bars that began in Dubai has reportedly triggered a sharp rise in pistachio prices and led to a worldwide …
UAE: Can residents continue using bank account after visa cancellation?
Question: My husband lost his job recently, and as per the rules, he has 30 days to leave the country. If his work visa is cancelled, can he continue using his bank account? He is currently looking …
How freelancers in the UAE can open the right bank account
“When opening a bank account in the UAE as a freelancer, it is important to ensure you have the correct documentation, which includes a freelance permit, passport and visa copy, proof of address, and …
50 years of Islamic banking: UAE has become a global hub for Islamic finance
The UAE has emerged as a global hub for Islamic finance over the past five decades, marking a significant transformation in the financial landscape of the region and beyond. The growing sector …
18 renamed Dubai Metro stations (and their true meanings explained)
The most recent Dubai Metro Station to be renamed, is the now Al Garhoud Metro Station on the Red Line. The station serves the Garhoud area of Dubai, so it was aptly named Garhoud Metro Station in …
UBF discusses plans to develop banking, financial industry
The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its meeting chaired by Abdulaziz Al-Ghurair, Chairman of UBF, to review the …
Dubai AI Week 2025 to Host World’s Largest Generative AI Championship with $272K Prize
Dubai is set to unite the global AI ecosystem and advance its future-readiness during a bold exploration of how artificial intelligence is reshaping our world at Dubai AI Week, taking place April 21 …
UAE denies reports it is involved in talks about land offensive in Yemen
The United Arab Emirates on Wednesday denied media reports that it is involved in talks with the U.S. over a possible land offensive by military factions in Yemen against the Houthi group that …
Emirates NBD Becomes the First Bank in the UAE to Launch Visa+ Simplifying International Money Transfers
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has partnered with Visa, a global leader in digital payments, to become the first bank in the UAE to …
No more Emirates ID cards? UAE to launch digital ID system using facial recognition
UAE will develop electronic Emirates ID and biometric fingerprints designed to enhance user experience and streamline services across various sectors …
Emirates NBD becomes first bank in UAE to go live witth Visa+
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has partnered with Visa, a global leader in digital payments, to become the first bank in the UAE to …
Lazard Marks Strategic Expansion Into the UAE, Reinforcing Its Financial Advisory Base in MENA
As a key part of this expansion, Lazard has appointed Hussain Altajir as CEO of Lazard Financial Advisory in UAE. With over 20 years of experience and a deep understanding of the region, Mr. Altajir …
Billionaire Platt’s BlueCrest Gets Approval to Trade From Dubai
Billionaire Michael Platt’s private investment firm has received full regulatory authorization in Dubai, which has emerged as a magnet for money managers in recent years.
Dubai listed companies buck wider declining GCC trend
Net profits for listed companies in the emirate increased by 16.0 per cent year on year to $25.4 billion in FY-2024 against $21.9 billion in FY-2023.