Abu Dhabi has launched an ambitious 2050 energy strategy to attract up to AED400 billion ($109 billion) in foreign direct investment. The Abu Dhabi Department of Energy (DoE) introduced the long-term ...

The Dubai Land Department (DLD) has introduced the inaugural Property Token Ownership Certificate under its Real Estate Tokenisation Initiative. This pioneering project attracted 224 investors, with ...

The Central Bank of the UAE (CBUAE) has issued a financial penalty of AED 100 million against an exchange house, in line with Article (137) of Decretal Federal Law No. (14) of 2018 concerning the ...

The United Arab Emirates and the European Union are fast-tracking discussions on a Comprehensive Economic Partnership Agreement (CEPA) that aims to enhance their $67.6 billion non-oil trade ...

Gulf Navigation Holding PJSC (GULFNAV), a company listed on the Dubai Financial Market, has announced the finalisation of a strategic acquisition agreement with Brooge Energy Limited, valued at AED ...

Elon Musk has officially stepped down from his advisory role in the Trump administration, citing fundamental disagreements over President Trump’s se “One Big Beautiful Bill Act.” This legislation, ...

The Dubai Gold and Commodities Exchange (DGCX) has been officially accepted into the Business Development Committee of the Arab Federation of Capital Markets (AFCM). This appointment highlights DGCX’s ...

The Central Bank of the UAE (CBUAE) has imposed a substantial fine of Dh18.1 million on two foreign bank branches operating within the country. These financial sanctions were issued in accordance with ...

The UAE’s Securities and Commodities Authority (SCA) has introduced the first-ever ‘Finfluencer’ licence in the region, aimed at regulating digital financial content. This initiative is designed to ...

Qashio, a financial technology firm headquartered in Dubai, has successfully raised $1.98 million in funding from investors in the United States and the Middle East and North Africa (MENA) region. The ...

Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank and the world’s first full-service Sharia-compliant financial institution, has extended a $150 million Islamic loan to Turkcell, Turkey’s ...

In a major move to elevate economic integration, the UAE and Oman have unveiled plans for the Al Rawdah Special Economic Zone (SEZ), situated along the Al Buraimi border. This ambitious project is ...