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Dubai insurers to launch Golden Visa-health insurance

Dubai insurers to launch Golden Visa-health insurance
Dubai insurers to introduce special Golden Visa-linked health insurance: sources.

RTA's Salik to sell 1.5 billon shares in IPO

RTA's Salik to sell 1.5 billon shares in IPO
RTA's Salik to sell 1.5 billon shares in IPO. The road-toll operator is looking to raise around $1 billion for the shares.

UAE bank - win Dh1 mn prize with foreign transactions

UAE bank - win Dh1 mn prize with foreign transactions
UAE bank offers chance to win Dh1 million prize with every foreign transaction.

GCC banks get a major boost from high oil prices

GCC banks get a major boost from high oil prices
GCC banks' profits, assets reach record levels due to high oil prices. Crude prices remain above $100 per barrel.

Premiums of listed insurance companies value increased

Premiums of listed insurance companies value increased
Premiums of listed insurance companies in H1 2022 valued at Dh15.6 billion

DhabiCoin obtains DMCC license

DhabiCoin obtains DMCC license
DhabiCoin Wallet will be launched in coming weeks, says the co-founder.

UAE tightens real estate investment rules

UAE tightens real estate investment rules
UAE real estate: Emirates issues new reporting requirements for transactions as part of its efforts to strengthen regulatory framework.

UAE leads Forbes’ list of top GCC exchange houses

UAE leads Forbes’ list of top GCC exchange houses
LuLu Exchange and Al Ansari - two of UAE’s leading exchange houses finds their way in the Forbes latest list of ‘Top 5 GCC Exchange Houses Going Digital’.

UAE Central Bank imposes financial sanctions on 6 banks

UAE Central Bank imposes financial sanctions on 6 banks
UAE Central Bank imposes financial sanctions on 6 banks for failing to achieve appropriate levels of compliance.

UAE to form committee for digital transformation

UAE to form committee for digital transformation
UAE Cabinet approves formation of committee for digital transformation.

Incentives for property investment funds

Incentives for property investment funds
Dubai: new decree announces incentives for property investment funds. This covers all real estate in Emirate, including properties in private development zones and free zones.

New health insurance scheme for faster claim approvals

New health insurance scheme for faster claim approvals
Dubai announces new health insurance scheme for faster claim approvals, reduced costs.

DIFC launches region's first Open Finance Lab

DIFC launches region's first Open Finance Lab
DIFC: Open Finance Lab will educate and engage banks, regulators, and the industry to showcase and shape the positive impact of Open Finance on the economy.

Financial support increased for low income citizens

Financial support increased for low income citizens
Dubai: Financial support for limited-income citizens in Dubai has been increased.

UAE, GCC to post budget surplus in 2022-23

UAE, GCC to post budget surplus in 2022-23
UAE and its neighbouring Gulf countries to post budget surplus in 2022-23 on high oil, recovery in services sector.

Al Jalila charity to accept donations in cryptocurrency

Al Jalila charity to accept donations in cryptocurrency
Al Jalila Foundation first charity in UAE to accept donations in cryptocurrency.

Moody's affirms Emaar Properties Baa3 ratings

Moody's affirms Emaar Properties Baa3 ratings
Moody's changes Emaar Properties' outlook to stable from negative. Emaar had a total revenue backlog of Dh46 billion to be recognised over the next 3-4 years.

Sarwa launches crypto trading on Sarwa app

Sarwa launches crypto trading on Sarwa app
Sarwa has launched cryptocurrency trading through its app. Study shows 33% of U.A.E. residents claim to have invested in cryptocurrencies.

Inflation in UAE, GCC countries set to spike this year

Inflation in UAE, GCC countries set to spike this year
Inflation in UAE, GCC countries set to spike this year. Food commodity prices increase causes external positions to deteriorate further.

Dubai sets up task force to track digital economy

Dubai sets up task force to track digital economy
Sheikh Hamdan sets up a task force to track the digital economy. The decision to cement the emirate's status as a key city in the metaverse.

Corporate tax to strengthen UAE economy manifold

Corporate tax to strengthen UAE economy manifold
The domestic corporate tax regime will be effective for financial years starting on or after June 1, 2023.

Endowment Sukuk launched to support charity projects

Endowment Sukuk launched to support charity projects
Dubai Crown Prince announces launch of new project to support charity initiatives.

Most residents have not started retirement savings

Most residents have not started retirement savings
44 % of rsidents have not started saving for their retirement. Many residents said they intend to start saving at a later stage in their lives.

Dubai, Abu Dhabi indexes gain Dh22b in Ramadan 1st wk

Dubai, Abu Dhabi indexes gain Dh22b in Ramadan 1st wk
Dubai, Abu Dhabi indexes gain Dh22b during first week of Ramadan.

National Bonds investments up 36 percent in 2021

National Bonds investments up 36 percent in 2021
National Bonds investments increases by 36 per cent to Dh11.89 billion in 2021.
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