Banking

UAE net wealth hit $2.9tn last year

the financial - 4 December, 2024

The UAE is well-established as a hub for the super-rich and the introduction of generative AI could create further wealth boomThe UAE’s net wealth...

Dubai real estate sector recorded $3.7bn of transactions last week, including Palm Jumeirah apartment sold for $21.4m

the financial - 4 December, 2024

The Dubai real estate sector saw $3.7bn of transactions last week The Dubai real estate sector recorded AED13.55bn ($3.7bn) of transactions last week, according to data from...

Dubai: Gold prices drop in early trade

the financial - 4 December, 2024

Gold prices fell in Dubai at the opening of the markets on Tuesday after yesterday’s roller-coaster ride. The Dubai Jewellery Group data showed a 24K...

Banking

Mastercard, First Abu Dhabi Bank ink exclusive global partnership

the financial - 8 March, 2024

Mastercard and First Abu Dhabi Bank (FAB) announced an exclusive long-term global partnership, building on their long-standing collaboration, in the Eastern Europe, Middle East,...