Dubai Chambers has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) aimed at enhancing support for startups and small and medium-sized enterprises (SMEs). The agreement …
Hong Kong and UAE strengthen financial ties with ETF and fund accords
Strengthened collaboration reflects growing participation by Middle Eastern funds as cornerstone investors in recent Hong Kong IPOs.
UAE cuts interest rates after US Fed’s decision: What it means for your loans, savings, and investments
Discover how the UAE’s interest rate cut affects your finances. Learn about the implications on borrowing, savings, and investment decisions.
Dubai’s property boom fuels IPO ambitions of ALEC Holdings and Binghatti
Investor interest in the upcoming IPOs of ALEC Holdings and potentially, of Binghatti, is expected to be strong, according to Vijay Valecha …
India, UAE to Discuss Trade, Investment, Bank Matters on Sep 18-19
India and UAE are set to discuss trade, investment, and banking issues on September 18–19, aiming to boost bilateral economic cooperation and strengthen financial relations.
India, UAE to Discuss Trade, Investment, Bank Matters on Sep 18-19
India and UAE are set to discuss trade, investment, and banking issues on September 18–19, aiming to boost bilateral economic cooperation and strengthen financial relations.
UAE lowers interest rates by 25 basis points
The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points …
Dubai Investments plans IPO of real estate unit Dubai Investments Park
Dubai Investments is planning an initial public offering of its Dubai Investments Park real estate business, it said on Wednesday, as more companies pursue public listings amid a real estate boom in …
UAE banks step up debt issuance as GCC financing hits record levels
Saudi banks have been the most active, raising $28.3 billion so far, while UAE lenders follow with $11 billion. Qatari and Kuwaiti banks issued $8 billion and $7 billion respectively. Excluding …
QNB Group, Standard Chartered and DMZ Finance launch DIFC’s first tokenised money market fund
QCD Money Market Fund demonstrates comprehensive advantages in authority, compliance, security, liquidity and market positioning …
Cheaper UAE loans soon as Central Bank lowers rate
Borrowing costs in the UAE are set to come down as the Central Bank on Wednesday lowered its interest rates. In a statement, the UAE Central Bank said that the base rates applicable to the overnight …
UAE Central Bank lowers key benchmark rate to 4.15 per cent
The Central Bank of the UAE on Wednesday lowered its key benchmark rate to 4.15 per cent. In a statement, the UAE Central Bank said that the base rates applicable to the overnight deposit facility has …
UAE: HSBC sets up shop in Dubai with region’s first wealth centre to court surge of wealthy clients
HSBC has opened its first wealth centre in Dubai, catering to high-net-worth clients in the UAE as the region becomes a global hub for wealth management. This strategic move is designed to support the …
MEBIS 2025 day one: From next-gen banking to AI transformation, leaders chart the future of finance
“Day One at MEBIS 2025 reflected both urgency and optimism,” said Shail Bisht, Regional Director at Expotrade, the organizer of MEBIS 2025. “From AI use cases to digital strategy, the discussions made …
QNB Group, Standard Chartered and DMZ Finance Launch Dubai International Financial Centre’s First Tokenized Money Market Fund
QNB Group , Standard Chartered and DMZ Finance jointly announced that the Dubai International Financial Centre’s (DIFC) first regulated tokenized money market fund, the QCD Money Market Fund (units in …
UBF commences preparations to host Sibos 2029 in Dubai
UAE Banks Federation (UBF) has commenced preparations to host to host Sibos 2029, the annual conference, exhibition, and networking event organised by the Society for Worldwide Interbank Financial …
UAE: Demand for upskilling for sustainability is growing in GCC, say experts
Demand for upskilling professionals is growing from the UAE and regional companies in the field of sustainability as organisations have to source talent from abroad, industry executives said at a …