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UAE Central Bank Follows Fed Lead And Maintains Base Rate At 4.4%

Middle East Business News - Published date: .

Also decides to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the Ba... Read more

Spartan Race Announces New Trifecta Weekend At Al Ain Zoo

Sports and Eneterainment - Published date: .

The Trifecta Weekend by Spartan Middle East will be held from October 11-12 Read more

Joyalukkas Secures AED500m Capital Boost From Emirates NBD For Global Expansion

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

The CBUAE cited the entity's non-compliance with solvency and guarantee requirements specified in the Law and prevailin... Read more

UAE Corporate Tax: Businesses Must Register July 31 Or Face $2,723 Penalty

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

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