Ajman Bank, one of the leading Islamic financial institutions in the UAE, has announced the launch of Skyrise Properties, a dynamic new fully owned subsidiary focused on real estate asset management.
Dubai kids tempted by ‘glamour’ of social media influencers, parents encourage it as ‘legitimate career’ choice
Why study medicine when you could profit from likes? Dubai parents are unexpectedly embracing their children’s calls to the alluring world of influencedom …
UAE: Gold prices steady after plunging on Wednesday
The UAE gold prices were steady on Thursday morning after plunging by Dh2.75 per gram to a two-week low on Wednesday evening.
10 ways to top up your nol card in Dubai
Your search for nol card recharge stations in the city is over with these in-person and digital top up options …
Podcast about money and technology: episode eight about how Dubai became a global technology center
Money and technology will help you understand the world of finance, investments and the latest technological innovations. Our experts share their knowledge and analysis with you. Each episode contains …
UAE: Up to Dh2,000 fine for violating ban on single-use plastic
The ban is aimed at protecting the environment from pollution, limiting the consumption of plastic and regulating its use at the federal level …
10 parking lots, cinema lounge: Dubai’s largest penthouse goes on sale for Dh600 million
Super Penthouse R1 in Raffles The Palm Dubai spans a total built-up area of 77,707 sq ft and comprises the top three levels …
UAE’s per capita GDP to hit $52,407 this year
The UAE’s broad economic prospects remain bullish, looking set for two more years of strong growth driven by its export-oriented non-oil sectors, analysts at a leading global bank said. The UAE is …
UAE’s Swvl Becomes Profitable in H1 2023
Swvl Holdings Corp, previously based in Cairo and now based in Dubai, has registered net profits of $2 million in the first half (H1) of 2023, compared to net losses of $159.7 million in H1 of 2022, …
Dubai sets up new parking spaces management firm Parkin
Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum has established a new law to set up a company to oversee the development, management and investments in public and private parking spaces in the …
Investing in transition finance set to be a big factor in 2024
“If you’re investing in a firm that’s claiming to transition, it’s got to have a really robust plan,” agreed Kate Levick, who leads E3G’s sustainable finance activities. “Regulatory expectations are …
Dubai’s largest penthouse, with mini golf, cinema, 10 parking lots, goes on sale for Dh600 million
Super Penthouse R1 in Raffles The Palm Dubai spans over a total built-up area of 77,707 sq ft and comprises the top three levels …
UAE regulator publishes terrorist red flag quidance that includes virtual assets
The regulatory authority of Abu Dhabi Global Market, the FSRA ( Financial Services Regulatory Authority), Financial Crime Unit, has published an update on terrorist and proliferation financing red …
Emirates NBD Business Banking launches mega ‘Foreign Exchange and Trade’ customer promotion
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced the launch of its mega Foreign Exchange …
OneDegree gains funding from Dubai Insurance for digital asset protection
Asia-based licensed insurer for digital assets OneDegree has partnered with Dubai Insurance to offer digital asset insurance in the UAE.
Next gen banking: Meeting the needs of a new generation
While embracing digital technology is a step in the right direction, it alone won’t ensure growth in the banking sector …
Islamic Finance industry seems promising in 2024: Zubair Mughal
The issuance of Sukuk, Shariah-compliant financial instruments, has seen remarkable prominence. Mr. Mughal predicts that Sukuk investments will reach US$160-180 billion by 2025, driven by impactful …