UAE Reports 94% Surge In Bank Account Ownership
New independent survey data from YouGov and Daleel highlights growing financial inclusion, but also reveals gaps in con... Read more
Dubai On Track To Become Top 4 Global Financial Hub
HSBC report highlights how Dubai is cementing a reputation as a financial powerhouse and has aspirations as a global co... Read more
UAE Announces Tax Fine Waiver
UAE begins implementation of a waiver of fines for late tax registrations Read more
Real Estate Outperforms For IHC As Q1 Revenue Jumps 41.1% To $7.41bn
UAE’s most valuable publicly listed company reports profit after tax of $1.12bn, with a net profit margin of 15.2% Read more
Brown Advisory Opens Abu Dhabi Office, Expands $162bn Global Portfolio To Middle East
Global investment firm Brown Advisory establishes ADGM presence, responding to regional demand for US equity and fixed ... Read more
UAE, Regional Firms Switch To Blockchain-based Cross-border Payments As Global Trade Tensions Mount
Regulatory initiatives such as the UAE Central Bank’s move to give legal clarity to payment token issuers through its... Read more
Ahmed Abdelaal: How Mashreqs CEO Is Redefining Digital Banking In The Middle East
Ahmed Abdelaal, Group CEO of Mashreq, on humanising digital transformation, building a bank that listens, and reshaping... Read more
UAE Sets $697bn Islamic Bank Target And Aims For Halal Export Boost; Cabinet Reviews Tourism Sector Amid $122.5bn Goal
UAE Cabinet meeting reviews Islamic finance, tourism and Hajj strategies Read more
UAE Clarifies Tax Rules For Real Estate Investors
UAE tax authorities issue public clarification over Corporate Tax rules for investors in Real Estate Investment Trust Read more
Key Verticals Deliver As Alpha Dhabis Q1 Revenue Surge 23% To $4.74bn
Adjusted EBITDA rises 33% to $1.2bn; Real estate and industrial revenues at $1.74bn and $1.69bn respectively Read more
Arcapita Expands US Private Equity Portfolio With The Acquisition Of Trustpoint
A leading legal services provider that serves top 100 law firms and a variety of Fortune 500 companies Read more
NEOM To Invest In MemryXs Energy-efficient Semiconductors Business
NEOM Investment Fund adds the Michigan startup to its portfolio; NEOM will deploy the next-generation, energy-efficient... Read more
Dubais OMNIYAT Raises $500mn In Inaugural Green Sukuk
Ultra-luxury real estate developer enters international debt capital markets for the first time with oversubscribed gre... Read more
Dubai Free Zone Announces 2 New Business Categories
DMCC introduces Special Purpose Vehicle and Holding Company licenses in Dubai Read more
Dubai-based MBS Global To Help Create $8.8bn Financial Hub In Maldives
Maldives International Financial Centre to be a freezone that aims to diversify the country’s tourism-dependent econo... Read more