DIFC enacts new Venture Studio regulations
Dubai International Financial Centre (DIFC) today announced the enactment of the new Venture Studio Regulations. This move will establish…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47831 articles available
Aldar Properties reaffirms its commitment to Egypt
UAE’s Aldar Properties has reaffirmed its commitment to long-term strategic investment in Egypt after a media report said the property…
Dubai Empower Q1 net profit down 6%, misses estimate
Dubai Financial Market-listed Emirates Central Cooling Systems Corporation, known as Empower, said it made a net profit attributable to owners…
AIX Investment Group wins Most Innovative Wealth Management Strategy award at Middle East Wealth Tech Awards 2023
AIX Investment Group, a leading investment advisory firm, was awarded the Most Innovative Wealth Management Strategy of the Middle East…
Oman Central Bank raises interest rate by 25 basis points
The Central Bank of Oman increased the interest rate on repurchases of local banks by the same increase approved by…
Tarabut Gateway Raises $32 Million to Expand Saudi Open Banking
Open banking platform Tarabut Gateway hopes to expand in Saudi Arabia after raising $32 million. The company announced the…
Commercial Bank of Dubai net profit up 33.4% at Dh575m in Q1 2023
Commercial Bank of Dubai reported a net profit of Dh575 million for the first quarter of 2023, up 33.4 per…
RAK Digital Assets Oasis appoints James Bernard as Chief Commercial Officer
RAK Digital Assets Oasis (RAK DAO), the world's first free zone solely dedicated to digital assets, emerging technologies, and web3,…
Dubai is bolstering its global fintech hub status. Here’s how
The success stories of Careem, Kitopi and Noon are fuelling Dubai’s startup ecosystem by enticing entrepreneurs to launch ventures of…
Most GCC central banks raise interest rates tracking US Fed move
Central banks in the GCC have increased key interest rates after the US Federal Reserve (Fed) delivered its 10th consecutive…
Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit
Abu Dhabi’s Aldar Properties posted a 22 per cent increase in Q1 2023 net profit to $228m (Dhs836m), driven by…
Qatar tech startup Snoonu raises $12mln in Qatar Development bank-led funding
Qatar’s fast-growing tech startup, Snoonu, announced the closing of its ‘Series B funding’ round with $12mn, making it the first…