State-owned exhibition and events company Dubai World Trade Centre (DWTC) is reportedly considering a listing of a joint events business alongside UK-based Informa Group. Rothschild & Co is advising …
UAE’s Masdar Raising Green Finance On An ‘Industrial Scale’, Says CFO
The UAE’s renewable energy company Masdar is deploying green finance on an “industrial scale” and setting global standards in the sphere, says its finance chief.
UAE boosts digital trade as mBridge volumes top $55b
The rapid rise of the mBridge platform is reshaping how cross-border payments are executed, with transaction volumes surpassing $55 billion and positioning the UAE at the centre of a new generation of …
ADIB becomes first Islamic bank to implement open finance with the support of the CBUAE’s open finance initiative AlTareq
ADIB is among the first banks in the UAE to introduce Open Finance, demonstrating its commitment to continually enhancing customer experience through innovation, strong partnerships, and seamless …
NEO PAY and Wio Bank collaborate to launch PoS lending solution for merchants across the UAE
Dubai, UAE: NEO PAY, the UAE’s fast-growing payment solutions provider, has partnered with Wio Bank PJSC, the Middle East’s leading digital financial platform, to introduce a Point-of-Sale (PoS) …
UAE reaffirms its global status with fifth largest delegation at Davos
More than 100 ministers, senior government officials, and leaders from major private sector companies participating at the World Economic Forum starting today …
A Step-By-Step Guide To Buying Property In Dubai As An Expat
A Step-By-Step Guide To Buying Property In Dubai As An Expat.Although Dubai’s property market is highly appealing to expats, its purchasing process has unique legal and financial differences compared …
The best Islamic bank in the UAE 2023: Dubai Islamic Bank
Dubai Islamic Bank reported a 12% year-on-year rise in net profit in the first quarter of 2023, while total income grew by 47% over the same period – the result of strong income from financing assets …
The 2nd Fintech Week 2026 Heads to Dubai — Uniting Global Financial Innovation Leaders
With the theme “Payments, Security and Beyond.,” the 2026 edition will bring together 300+ senior decision-makers, 50+ global speakers, and leading fintech innovators who are actively shaping the next …
UAE Central Bank Introduces Regulatory Framework for Buy-Now, Pay-Later Providers
On September 29, 2023, the UAE Central Bank (CBUAE) introduced the new Finance Companies Regulation, which repealed the Finance Companies Regulation issued in 2018 and formally recognized “buy-now, …
Fasset to appoint a digital banking CEO, Rafiza Ghazali, to lead its next chapter of becoming a full-service bank
Experienced financial services executive to spearhead global consumer banking strategy …
UAE’s Al Masraf mandates banks for debut 5-year USD Reg S benchmark bond
Al Masraf — 60% owned by the UAE federal government through the Emirates Investment Authority and rated A (Stable) by Fitch — has mandated Emirates NBD Capital, First Abu Dhabi Bank, Mashreq, and …
National Bank of Canada opens its first office in the region in Dubai
Ali Fares, MD and Head, MENA Capital Markets, relocated to Dubai; New office to support Canadian clients pursuing business opportunities in the region …
Classifieds firm Dubizzle postpones Dubai IPO, to assess timing
DUBAI, Oct 22 (Reuters) – Classifieds firm Dubizzle Group said on Wednesday it had postponed its IPO on the Dubai Financial Market. Dubizzle, which was planning to offer a 30.34% stake to investors, …
UAE’s ALTERRA and Spanish lender BBVA plan to launch $1.2 billion climate fund
United Arab Emirates climate fund ALTERRA is planning to launch a $1.2 billion co-investment vehicle with Spanish lender BBVA to finance climate-aligned investment globally across infrastructure, …
Borrower view: Tamweel looks beyond Dubai for growth
Recent financing: $210 million RMBS priced July 2007 through Morgan Stanley and Standard Chartered; plans for further $300 million convertible bonds and $500 million sukuk by the end of 2007 Adel …
National Bank opens Dubai office as Canada aims to expand trade ties with UAE
Canadian companies have been setting up shop in Middle East. Waterloo, Ont.-based enterprise software company Open Text Corp. OTEX-T +1.40% is opening an office in Saudi Arabia. In November, …