Dubai among the fastest-growing cities for the super-wealthy
Dubai is among the fastest-growing cities for the super-wealthy, according to Henley & Partners, which tracks private wealth and investment…
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Islamic insurer Takaful Emarat’s board resigns en masse
The board of Islamic insurer Takaful Emarat has resigned en masse, and the company has announced that it has opened…
Dubai’s real estate sector sees transactions worth $42.7bln in Q1 this year, an 80% rise from Q1 2022
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of…
Mastercard and DIFC to drive digital transformation by partnering with FinTech companies
Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has…
Tata Steel makes strategic appointment to complement regional growth
Tata Steel has announced the appointment of Shuja Haque as Regional General Manager for the Middle East region. A 23-year…
AIIB to open first overseas office in Abu Dhabi, UAE
The Asian Infrastructure Investment Bank and the United Arab Emirates have signed a host member agreement to officially open in…
Doing business in the UAE: an introduction
The United Arab Emirates (UAE) is often used as a base for Middle East and North African operations by companies…
Why UAE is set to become a hub for family offices
The UAE is increasingly becoming a hub for family offices, with some of the world’s big names setting up offices…
Ray Dalio set to open branch of family office in Abu Dhabi
Ray Dalio plans to set up a branch of his family office in Abu Dhabi, part of the hedge fund…
United Arab Bank reports financial results for the quarter ending 31st March 2023
Q1 2023 Highlights 80% increase in Q1 2023 Net Profit compared to Q1 2022 Net Interest income increased by 38%…
UAE launches global competition for sustainability-focused tech start-ups
All participating start-ups will be able to pitch their technologies and connect with investors and experts during the competition. Competition…
Sharjah Islamic Bank’s operating profit increased by 32% and net profit by 25% for the first quarter of 2023
Sharjah Islamic Bank (SIB) announced that its operating profit before provisions increased by 31.9 per cent , amounting to Dh327.7…