A close working partnership between UK and UAE law enforcement and banks is critical to shutting off the supply of illicit finances, UK Security Minister Dan Jarvis has told The National. The …
DIFC: $12bn hedge fund seeks interns to join Dubai office
A Dubai hedge fund is seeking world-class interns to join a 16-week programme in DIFC. Verition Fund Management has announced the launch of its inaugural internship programme for its office in Dubai, …
Standard Chartered expands UAE private banking team
The new team members will report to Nash Mithani, market head, private banking, UAE and head, Global South Asia Community.
DIFC and leading global hedge fund Verition, launch search for world-class interns
DIFC’s inaugural Future of Finance report (released in February 2024), which was developed using network-based research and discussions with leaders from the industry including Verition …
Exclusive Markets Opens Dubai Rep. Office and Launches a Special Ramadan Promotion
Exclusive Markets has officially opened its new representative office in Dubai. To celebrate this significant milestone, they are offering a special Ramadan Promotion.
Exclusive Markets Expands to Dubai: A Strategic Leap in Finance
Exclusive Markets opens a new office in Dubai, reinforcing its presence in the MENA region. With a special Ramadan promotion and expanding client base, the office aims to enhance trader support and …
Banking in UAE: An Introductory Guide for Expats
Simply put, the UAE sprouts very modern and highly regulated banking systems basically meant for residents. Banks offer personal-related accounts as well as investment opportunities. It helps the …
UAE businessman donates Dh7 million to Fathers’ Endowment campaign
Coinciding with Ramadan, the campaign promotes a unique approach to philanthropy, fostering community-wide participation to establish sustainable giving through endowments …
In first year after IPO, Dubai’s Parkin makes ‘remarkable progress’
“Parkin exceeded the full year financial targets set out at the time of our IPO in March 2024. In line with our dividend policy, and subject to shareholder approval at the forthcoming AGM, Parkin …
Kenya will wait to draw down $1.5 bln UAE loan, finance minister says
Kenya will wait to draw cash from a $1.5 billion privately placed bond in the United Arab Emirates so that it can fit into its budget plans for this financial year, Finance Minister John Mbadi said on …
National Bank of Fujairah integrates NBF Direct App with UAE Pass, for enhanced security and convenience
National Bank of Fujairah (NBF) is excited to announce the integration of the NBF Direct mobile app with UAE Pass, the official digital identity solution for the UAE. This enhancement provides …
UAE: Ministry of Finance launches Federal Government Procurement Procedures Guide
During a media briefing organised by the ministry today in Dubai, the ministry announced the launch of the Delegation of Authority Matrix …
UAE Central Bank says infrastructure ready to launch Jaywan card locally, globally
The Central Bank of UAE (CBUAE) on Thursday said that financial infrastructure is ready to launch the country’s first domestic card — Jaywan — locally and globally. Launched by the Central Bank’s …
UAE’s first domestic card scheme launched
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the readiness of the financial infrastructure for Jaywan, the UAE’s domestic card scheme, to be activated …
Arada open to IPO amid market growth as $1.52bn Sharjah project sells out in three hours
Arada, which currently serves the Sharjah and Dubai markets, is also looking at entering other emirates, Mr Alkhoshaibi said. “We have Ras Al Khaimah coming up soon and we’re looking at Abu Dhabi,” he …
Dubai Emerges As A Magnet For Ultra-Wealthy Investors And Family Offices
Dubai is solidifying its status as a premier destination for ultra-high-net-worth individuals and family offices, driven by a confluence of strat …
UAE: Retail lending fuels robust banking sector growth
The UAE banking sector delivered a resilient performance in 2024, marked by double-digit lending growth, improved cost efficiency, and a five-year low in risk costs, according to a report by global …