Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic partnership to transform the banking experience for startup founders in the capital.
Dubai Islamic Bank’s Q2 profit climbs 17% amid continued economic momentum
Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender by assets, has reported a 17 per cent increase in second-quarter net profit, boosted by a surge in income from Islamic financing and …
UAE Ministry of Finance publishes preliminary results of Government Finance Statistics for Q1 2023
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, …
Expat Go-to Website Dubizzle Taps Citigroup, HSBC for IPO
Dubizzle Group, which operates classifieds websites popular with expatriates in the United Arab Emirates, is working with Citigroup Inc. and HSBC Holdings Plc on its potential initial public offering, …
UAE government revenues hit Dh115.6 billion in Q1
The UAE government’s revenues stood at Dh115.6 billion for the first quarter of 2023, data from the Ministry of Finance showed on Tuesday. The government expenditures stood at Dh92.5 billion, figures …
Ministry of Finance publishes preliminary results of UAE Government Finance Statistics for Q1 2023
Abu Dhabi, UAE – The preliminary results of the UAE Government Finance Statistics Report for the first quarter of 2023, published by the Ministry of Finance today, revealed that the government’s …
G2G draft framework agreement with UAE approved for bulk, general cargo terminal
A Cabinet committee has approved G2G draft framework agreement with UAE for development of bulk and general cargo terminal at East Wharf at Karachi port. Federal Minister for Finance and Revenue …
BRICS’ NDB welcomes UAE’s Thuraiya Hamid Alhashmi as board member
BRICS’ New Development Bank (NDB) has elected Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organisations Department at the UAE Ministry of Finance, as a member of its …
Dutco, Ellington Properties to develop high-end residential projects in Dubai
The first phase of the Dutco Ellington collaboration will see the launch of two new waterfront projects in Dubai …
Dubai based fintech appoints major new hire to drive strategic growth and financial inclusion across the UAE
Dubai, UAE: NOW Money, a leading inclusive FinTech company offering accessible digital banking solutions for overlooked communities, today announces the senior appointment of Matt Jennison as the …
UAE Female Joins BRICS New Development Bank Board
BRICS’ New Development Bank (NDB) has elected Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organizations Department at the UAE Ministry of Finance, as a member of its …
UAE: Second Ethraa Career Fair supports banking, financial sector with 400 job openings for citizens
The second edition of the Ethraa Career Fair, organised by the Emirates Institute of Finance (EIF), the leading regional institute in financial and banking education, began today at the institute’s …
UAE: Eight banks that could turn you into a millionaire overnight
Below are the eight UAE banks that could turn you into a millionaire overnight: Ajman Bank announced the first winner of its ‘s grand Dh1 million prize. The draw was held on July 13, 2023, when an …
UAE needs 7% annual growth to achieve Dh3 trillion GDP goal by 2030: Al Mari
The focus of the UAE, one of the fastest-growing global economies, is to keep growing by 7.0 per cent annually to meet its target of doubling its gross domestic product by 2030.Abdulla bin Touq Al …
Look: From toffee wrapped in UAE flag to DJ Hercules, Dubai financial district transforms into stunning sculpture park
When you think of art galleries and sculptures in the city, the Dubai International Financial Center (DIFC) is not the first place you would think of. Howe..
ADIB inaugurates UAE’s first long-term, fixed-rate home finance
Istiqrar aims to improve customers’ lives through steady and fixed monthly payments during the payment period, contrary to floating-rate home financing …
Dubai makes history in 2023 to become world’s leading luxury property market, outpacing London, NY and Paris
The real estate market in Dubai saw 176 high-end property sales that exceeded $10 million during the January-June period, with some of the headline-grabbing deals, reveals a latest market report Dubai …