The year 2024 has marked a significant upswing for stablecoin usage in the United Arab Emirates (UAE), propelled by evolving regulations and increased institutional adoption. According to recent data, ...

Board members attended the meeting, including Mohammed bin Hadi Al Husseini, Minister of State for Financial Affairs; Khaled Mohamed Balama, Governor of the UAE Central Bank (CBUAE); Ahmed Jassim Al ...

Dubai has launched its Real Estate Sector Strategy 2033, targeting a property market value of AED 1T ($272B) with objectives to elevate economic contribution, increase homeownership, and solidify ...

The latest data from the Central Bank of the UAE indicates that the sector’s capital and reserves saw a significant year-on-year increase of 10.5 per cent, rising from AED 454.9M ($123.8B) in July ...

Sheikh Mohammed highlighted the UAE’s record foreign direct investment (FDI) surge in 2023, which reached AED 112.6B, marking a 35% increase despite global economic challenges. He stated, “Clear goals ...

PwC Middle East’s latest IPO+ Watch report reveals that while the GCC IPO market in Q3 2024 saw fewer listings compared to Q3 2023, it achieved higher proceeds. The quarter’s remaining three listings ...

The UAE has announced an ambitious National Investment Strategy 2031, aimed at tripling its cumulative foreign direct investment (FDI) to AED 2.2 trillion by the year 2031. Announced by Sheikh ...

The UAE has launched its National Investment Strategy, aiming to triple its foreign direct investment (FDI) balance to AED 2.2T ($599B) by 2031. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice ...

ADNOC and Abu Dhabi Future Energy Company (Masdar) have signed a Strategic Collaboration Agreement (SCA) with Microsoft, aiming to drive AI and low-carbon initiatives in the UAE and internationally.

The UAE’s banking sector has achieved a major milestone, with capital and reserves reaching AED500 billion ($136.1 billion) as of July 2024. This accomplishment marks a significant year-on-year ...

Oman’s premier design event, the 11th Interior Design & Furniture Exhibition (IDF Oman), will open its doors from February 10th to 12th, 2025, at the Oman Convention and Exhibition Centre. This one-of ...

In a recent development, Dubai’s DIFC has suspended two firms, Milavous and Ocean Leonid, reportedly involved in facilitating Iran’s oil industry. The decision follows heightened pressure from U.S.