The UAE Ministry of Economy has intensified enforcement of anti-money laundering regulations across designated non-financial sectors, including real estate brokers, precious metals and stones dealers, ...
Ramadan has commenced in the UAE, bringing adjusted working hours and shifts in daily routines. Although the holy month has only just begun, many residents are already planning ahead for the first ...
The highly anticipated Wiki Finance Expo Dubai 2025 is set to take place at the Millennium Plaza Downtown Hotel.
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RAKBANK posted a 26% increase in net profit for the full year 2025, reaching AED 2.6 billion ($707.9 million), underpinned by a resilient balance sheet and a sharp improvement in non-interest income.
Shorooq, a leading tech-focused, multi-strategy investment firm, has today unveiled its $200 million late-stage growth fund, supported by QIA and other partners, at Web Summit Qatar. The fund, ...
First Abu Dhabi Bank (FAB), the UAE’s largest lender by assets, has successfully raised $750 million through a five-year floating rate Formosa bond. The bond, paying quarterly in arrears, was priced ...
India has relaxed customs regulations governing gold jewellery carried by Indian expatriates in the UAE and Non-Resident Indians worldwide, marking a significant policy shift benefiting overseas ...
Abu Dhabi Commercial Bank reported net profit after tax of AED11.445 billion in FY2025, representing 22 per cent year-on-year growth. Meanwhile, fourth-quarter net profit reached AED3.342 billion, ...
UAE real estate developer Damac raised $600 million through a 3.5-year benchmark sukuk, while the transaction attracted an orderbook exceeding $1.7 billion, excluding joint lead manager interest. As a ...
An Emirati investment vehicle backed by Sheikh Tahnoon bin Zayed Al Nahyan acquired a 49% stake in WLFI for $500 million just days prior to President Donald Trump’s inauguration, according to a Wall ...
Beginning next Thursday, the UAE will roll out a countrywide, seven‑day programme commemorating its strong relationship with Kuwait. The celebration, themed “The UAE and Kuwait: Brothers Forever,” ...
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