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UAE Securities Regulator Fines Company $1.36mn For Money Laundering Violations
Middle East Business News - Published date: .
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
Middle East Business News - Published date: .
The joint venture will enhance the operations of the UAE's national financial market infrastructure Read more
Dubai Mallathon: Crown Prince Sheikh Hamdan Launches New Summer Fitness Programmes In Shopping Malls
Sports and Eneterainment - Published date: .
Seven Dubai shopping destinations will host walking and running tracks Read more
Asias Largest Institutional Fund Platform Gordian Capital Plans Move To Dubai
Middle East Business News - Published date: .
Acquired by IQ-EQ on Wednesday, Gordion has assets under management of $17bn, with offices in Singapore, Hong Kong and ... Read more
PayCargo Launches New Digital Payment Platform In UAE With Emirates SkyCargo Partnership
Middle East Business News - Published date: .
Emirates SkyCargo customers in the UAE can now process payments through credit card or direct debit Read more
Gulf Craft Group Becomes First MENA Shipyard To Accept Crypto Payment
Middle East Business News - Published date: .
Developed in collaboration with ARP Pay, the service enables the conversion of stablecoins, including USDT and USDC, in... Read more
CBUAE Joins Hands With Presight To Enhance UAEs Financial Infrastructure
Middle East Business News - Published date: .
JV to deliver sovereign, AI-powered technological platforms and services to support and enhance the UAE’s financial m... Read more
First Abu Dhabi Banks H1 2025 Profit Jumps 26% To Record AED10.63bn On Strong Non-interest Income
Middle East Business News - Published date: .
The recorded profit marks the highest ever for a six-month period, boosted by strong fee and trading income and steady ... Read more
UAE Central Bank Imposes $217,835 Fine On Exchange House
Middle East Business News - Published date: .
The exchange house failed to comply with CBUAE’s policies and procedures for combating money laundering and the finan... Read more
AI In Fintech Market Set To Surpass $79bn By 2030 As Adoption Surges
Middle East Business News - Published date: .
As financial institutions race to automate and optimise operations, AI adoption continues to grow, fueling strong marke... Read more
Binance Launches Worlds First Sharia-compliant Multi-token Cryptocurrency Staking Platform
Middle East Business News - Published date: .
Sharia Earn by Binance enables users to earn passive income from cryptocurrency investments whilst adhering to Islamic ... Read more
Saudi Arabias Esports Sector Eyes $13.3bn GDP Contribution By 2030
Sports and Eneterainment - Published date: .
Saudi Arabia has 23.5 million gamers - around 67 percent of the population, providing a substantial domestic base for e... Read more
Abu Dhabis Titanium Escrow Crosses $5bn Transaction Mark
Middle East Business News - Published date: .
ADGM-based company completes five years of operations; UAE capital becoming the fundholding jurisdiction of choice for ... Read more
UAE Workers Can Now Collect Unemployment Benefits At Al Ansari Exchange Outlets
Middle East Business News - Published date: .
The service operates across more than 270 Al Ansari Exchange branches in UAE Read more
Kenyas Equity Group To Open Representative Office In The UAE
Middle East Business News - Published date: .
The new office aims to facilitate business, trade and investment opportunities with the UAE, and the wider Middle East,... Read more
Aramco Close To $10bn Jafurah Infrastructure Deal With BlackRock
Middle East Business News - Published date: .
Sources tell Reuters that the deal is backed by infrastructure, including pipelines, gas processing plant, and similar ... Read more
UAE Announces New Tax Benefits For Fair Value Investment Properties
Middle East Business News - Published date: .
UAE taxpayers who elect for the realisation basis can now deduct depreciation from their taxable income for investment ... Read more
UAE Central Bank Fines Foreign Bank Branch $164,000 For Regulatory Violations
Middle East Business News - Published date: .
The UAE central bank did not identify the specific foreign bank branch that received the penalty Read more
Salama Ties Up With Policybazaar.ae For Its Life Takaful Insurance
Middle East Business News - Published date: .
The collaboration enables wider reach and easier access for its Shariah-compliant life insurance offerings Read more