Estithmar Holding Net Profit Doubles To $128mn In H1 2025
Doha-based investment firm posts revenue of QAR 3.073 billion as international expansion drives growth Read more
UAE Central Bank Follows Fed Lead And Maintains Base Rate At 4.4%
Also decides to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the Ba... Read more
Joyalukkas Secures AED500m Capital Boost From Emirates NBD For Global Expansion
The deal is fully integrated with Emirates NBD’s advanced digital and trade platforms, offering Joyalukkas real-time ... Read more
UAE Central Bank Suspends Foreign Insurers Motor Business Over Solvency Issues
The CBUAE cited the entity's non-compliance with solvency and guarantee requirements specified in the Law and prevailin... Read more
Standard Chartered Launches UAEs First Sustainable Escrow And Account Bank Solution
New solution enables clients to align cash deposits with sustainability goals through a market-first offering available... Read more
UAE Corporate Tax: Businesses Must Register July 31 Or Face $2,723 Penalty
The initiative applies to Corporate Taxpayers and certain exempt persons who are required to register with the FTA in t... Read more
Dubai Islamic Bank Executes The First Islamic Finance Deal With Turkish Airlines
In a significant step for Shariah-compliant structures, DIB helps Turkish Airlines induct a new Airbus A350-941 on a 12... Read more
Investcorp Capital Appoints Sana Khater As Chief Executive Officer
Khater brings over 35 years of financial and strategic leadership experience with top management positions across both ... Read more
Union Properties Resolves Legacy Debt With New Motor City Sale
This was achieved after signing a conditional sale agreement valued at $190.6 million for a real estate project in Moto... Read more
AIs Impact Expands Beyond Underwriting In Insurance Sector: Report
Underwriting and risk profiling remain the areas most positively impacted by AI, with 45.8 percent of industry professi... Read more
ADNIC To Provide Life Insurance To Emiratis Up To The Age Of 95
The scheme is part of the company’s strategic partnership with the Sheikh Zayed Housing Program Read more
UAE Bank Investments Surge 16.2% To Nearly $211bn In April 2025
In the UAE, Abu Dhabi banks led with investments of AED408.9 billion, followed by Dubai at AED296 billion Read more
UAE Securities Regulator Fines Company $1.36mn For Money Laundering Violations
An investigation revealed that the sanctioned entity collaborated with an overseas company to engage in practices that ... Read more
UAE Central Bank Partners With Mercury To Launch New Joint Venture
The joint venture will enhance the operations of the UAE's national financial market infrastructure Read more
Asias Largest Institutional Fund Platform Gordian Capital Plans Move To Dubai
Acquired by IQ-EQ on Wednesday, Gordion has assets under management of $17bn, with offices in Singapore, Hong Kong and ... Read more