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UAE Central Bank Hits Foreign Bank Branch With Dh200 Million Fine Over AML Failures

UAE Central Bank Hits Foreign Bank Branch With Dh200 Million Fine Over AML Failures

The Central Bank of the UAE has imposed a Dh200 million fine on a branch of a foreign bank operating in the country, citing repeated and...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۸
UAE Central Bank Fines Foreign Bank Branch Dh200 Million Over Anti-Money Laundering Breaches

UAE Central Bank Fines Foreign Bank Branch Dh200 Million Over Anti-Money Laundering Breaches

The Central Bank of the UAE (CBUAE) announced on Friday, October 30, 2026, that it had fined a branch of a foreign bank operating in the...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۸
Could UAE petrol prices break the 2022 record high in November?

Could UAE petrol prices break the 2022 record high in November?

As the UAE prepares to announce November fuel prices, the question on many residents' minds is whether petrol costs will surpass the...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۸
UAE Banks Chase Fresh Deposits: FAB Offers 5.6%, Emirates NBD Up to 5.5%

UAE Banks Chase Fresh Deposits: FAB Offers 5.6%, Emirates NBD Up to 5.5%

If you have cash sitting idle in a UAE current account, the country's biggest banks are now competing for it. First Abu Dhabi Bank is paying...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۸
First Abu Dhabi Bank's nine-month profit rises 3% to Dh16.46bn

First Abu Dhabi Bank's nine-month profit rises 3% to Dh16.46bn

First Abu Dhabi Bank (FAB), the UAE's largest lender, reported a 3 per cent rise in net profit to Dh16.46 billion for the first nine months...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۷
First Abu Dhabi Bank's nine-month pre-tax profit rises to Dh20.22 billion

First Abu Dhabi Bank's nine-month pre-tax profit rises to Dh20.22 billion

First Abu Dhabi Bank (FAB), the UAE's largest lender, reported a 5 per cent year-on-year rise in pre-tax profit to Dh20.22 billion for the...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۷
UAE residents can rebuild credit scores within six months under new system

UAE residents can rebuild credit scores within six months under new system

Residents and businesses across the UAE now have a faster path back to a healthy credit score. Etihad Credit Bureau has rolled out an...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۷
UAE Firms Have Days Left to Appoint E-Invoicing Provider or Face Fines

UAE Firms Have Days Left to Appoint E-Invoicing Provider or Face Fines

Large businesses in the UAE are racing against an October 30, 2026 deadline to appoint an Accredited Service Provider (ASP) for the...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۷
UAE Central Bank holds interest rate steady after Fed decision

UAE Central Bank holds interest rate steady after Fed decision

The UAE Central Bank left its base rate on the overnight deposit facility unchanged at 3.90 per cent on Wednesday, October 28, mirroring the...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۶
Dubai regulator fines Moody's Middle East unit Dh2.15m over data breaches

Dubai regulator fines Moody's Middle East unit Dh2.15m over data breaches

The Dubai Financial Services Authority (DFSA) has fined Moody's Investors Service Middle East Limited Dh2.15 million ($585,825) for...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۶
Dubai Regulator Fines Moody's Middle East Unit $585,825 Over Data Breaches

Dubai Regulator Fines Moody's Middle East Unit $585,825 Over Data Breaches

The Dubai Financial Services Authority (DFSA) has fined Moody's Investors Service Middle East Limited Dh2.15 million ($585,825) for failing...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۶
Dubai Investments Launches UAE's First IPO of 2026 With $543 Million Share Sale

Dubai Investments Launches UAE's First IPO of 2026 With $543 Million Share Sale

Dubai Investments, one of the largest listed holding companies on the Dubai Financial Market, has opened a share sale offering 20 per cent...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۶
UAE Petrol Prices Could Break 2022 Record in November

UAE Petrol Prices Could Break 2022 Record in November

UAE motorists may be facing a new all-time high at the pump next month, as analysts warn that November fuel prices could approach or even...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۶
UAE Credit Card Warning: How a Dh10,000 Balance Can Balloon to Dh22,000

UAE Credit Card Warning: How a Dh10,000 Balance Can Balloon to Dh22,000

A new report published by Khaleej Times on Tuesday is warning UAE credit card holders about the hidden cost of paying only the minimum...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۵
UAE Capital Markets: Licensed Firms Jump 43% in First Nine Months of 2026

UAE Capital Markets: Licensed Firms Jump 43% in First Nine Months of 2026

The UAE's Securities and Commodities Authority, operating as the Capital Market Authority (CMA), reported that the number of companies it...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۵
UAE Businesses Have Four Days Left Before First E-Invoicing Deadline, Dh5,000 Fines Loom

UAE Businesses Have Four Days Left Before First E-Invoicing Deadline, Dh5,000 Fines Loom

The UAE's Federal Tax Authority has confirmed that October 30 marks the first compliance deadline under the country's new e-invoicing...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۴
Dubai Summit Highlights Gulf's Rising Role in Green Finance

Dubai Summit Highlights Gulf's Rising Role in Green Finance

The 12th World Green Economy Summit wrapped up on Thursday at Dubai World Trade Centre, bringing together policymakers, debt-market...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۴
Adnoc Offers $16.3bn in Local Manufacturing Opportunities to UAE Suppliers

Adnoc Offers $16.3bn in Local Manufacturing Opportunities to UAE Suppliers

Abu Dhabi National Oil Company (Adnoc) has announced it will open up Dh60 billion, around $16.3 billion, in local manufacturing...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۳
HSBC Wealth Summit in Dubai Highlights UAE Economic Resilience

HSBC Wealth Summit in Dubai Highlights UAE Economic Resilience

Dubai hosted the conclusion of HSBC's annual Wealth and Investment Summit this week, bringing together regional financial executives and...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۲
ADCB Nine-Month Profit Jumps 27% to Dh10.3 Billion on Lending Growth

ADCB Nine-Month Profit Jumps 27% to Dh10.3 Billion on Lending Growth

Abu Dhabi Commercial Bank reported a 27 per cent jump in net profit for the first nine months of the year, reaching Dh10.296 billion, as...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۱
UAE launches platform listing 143 investment opportunities across six sectors

UAE launches platform listing 143 investment opportunities across six sectors

The UAE's Ministry of Investment unveiled a new digital platform on Thursday that lists 143 investment opportunities spread across six...

🏷️ Economy 🗓️ ۱۴۰۵-۰۸-۰۱
UAE Unveils €15 Billion Investment Plan for Greece

UAE Unveils €15 Billion Investment Plan for Greece

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, met Greek Prime Minister Kyriakos Mitsotakis in Athens and unveiled a new UAE plan to...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۳۰
UAE Launches AI-Powered, Paperless VAT Refund App for Tourists

UAE Launches AI-Powered, Paperless VAT Refund App for Tourists

The UAE's Federal Tax Authority has rolled out a fully paperless, AI-driven VAT refund system for tourists, cutting the time needed to...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۹
Gulf States to Supply France With Diesel Equal to 10% of Its Consumption

Gulf States to Supply France With Diesel Equal to 10% of Its Consumption

The UAE, Saudi Arabia and Bahrain have agreed to supply France with diesel shipments equivalent to roughly 10 per cent of the country's...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۸
UAE Says No Foreign Investment Plans Cancelled Despite Regional Tensions

UAE Says No Foreign Investment Plans Cancelled Despite Regional Tensions

The UAE's Ministry of Investment says that despite ongoing regional tension stemming from the US-Iran conflict, no planned foreign direct...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۸
DIP Holding Launches First UAE IPO of 2026

DIP Holding Launches First UAE IPO of 2026

DIP Holding, the management arm of Dubai Investments Park, has launched the UAE's first initial public offering of 2026. Parent company...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۸
Dubai Investments to float 20% of DIP Holding in exchange's first IPO this year

Dubai Investments to float 20% of DIP Holding in exchange's first IPO this year

Dubai Investments has announced plans to float 20 per cent of its subsidiary DIP Holding through an initial public offering on the Dubai...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۷
Dubai Investments Lists DIP Holding on DFM, Opens Dh5,000 Retail Tranche

Dubai Investments Lists DIP Holding on DFM, Opens Dh5,000 Retail Tranche

Dubai Investments PJSC is taking a 20 per cent stake in its subsidiary DIP Holding public on the Dubai Financial Market, with the retail...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۷
UAE Ranks First Among Emerging Destinations for Family Offices

UAE Ranks First Among Emerging Destinations for Family Offices

The UAE has claimed the top spot among emerging-market destinations in a new global ranking of family office hubs, compiled by the Global...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۷
Dubai's Economy Reaches Dh473 Billion in First Half of 2026

Dubai's Economy Reaches Dh473 Billion in First Half of 2026

Dubai's economy generated Dh473 billion in real-terms output during the first half of 2026, a 2.3 per cent contraction from the Dh484...

🏷️ Economy 🗓️ ۱۴۰۵-۰۷-۲۶
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